Today's top Malaysian news, sport and lifestyle.
GTA Holdings, an aircraft engine maintenance provider, plans to raise RM71.75 million through an ACE Market IPO in September 2026, with proceeds funding new facilities and regional expansion.
Vantage Data Centers, backed by Silver Lake and DigitalBridge, is weighing an IPO at $100 billion valuation or potential sale next year. The move reflects surging investor appetite for AI infrastructure assets.
Pioneer Heat Holdings, a mechanical engineering services provider, plans to raise RM21.68 million through its September 2026 IPO on Bursa Malaysia's ACE Market, with capital earmarked for expansion into Sarawak and establishing a new headquarters in Negeri Sembilan.
SpaceX reported a US$541 million loss for its record IPO quarter despite revenue jumping 92% year-on-year to US$7.8 billion. Starlink satellite internet service generated US$4.3 billion in revenue with 12 million customers.
GB Bond Holdings, a Penang manufacturer of water-based adhesives and sealants, has secured Bursa Malaysia's approval for a third-quarter 2026 listing on the ACE Market, planning to raise capital for capacity expansion and regional growth.