KUALA LUMPUR (March 27): 5E Resources Holdings Bhd aims to be listed on the ACE Market of Bursa Malaysia on April 15. Of this, 77 million shares will be made available for application by the Malaysian public. “Meanwhile, 35 million shares will be allocated to eligible directors, employees, and other individuals who have contributed to the group’s success,” it said. The remaining 192.5 million shares will be placed out via private placement to Bumiputera investors approved by the Ministry of Investment, Trade and Industry. 5E Resources said the IPO will include an offer for sale of 154 million existing ordinary shares, made available via private placement to selected investors.
Source: The Edge Markets March 27, 2026 12:08 UTC