KUALA LUMPUR (April 8): Ipoh-based bus manufacturer Bus Cap Bhd said on Wednesday it has received approval from Bursa Malaysia for its listing on the ACE Market. The proposed initial public offering (IPO) entails 126.5 million shares, comprising 107.3 million new shares and an offer for sale of 19.2 million existing shares via private placement to selected investors. In 1986, its subsidiary, Sin Hock Leong Coach Works Sdn Bhd, was set up to build buses for customers mainly in Malaysia. Bus Cap offers a range of buses, including single-deck, semi-high deck, high-deck and double-deck models, catering to applications such as stage, express, tour and shuttle services. NCS Consolidated Holding Sdn Bhd, a private company owned by Ng and his family, currently owns 100% of Bus Cap.

Source: The Edge Markets April 08, 2026 07:52 UTC