KUALA LUMPUR: Aquawalk Group Bhd aims to raise RM114.3 million from its initial public offering (IPO) ahead of its ACE Market listing on Bursa Malaysia Securities Bhd on Nov 19, 2025.

The developer and operator of Aquaria KLCC said RM89.77 million, or 78.6 per cent of the total proceeds, will be allocated for capital expenditure, and RM3 million (2.6 per cent) for information technology system improvements.

Another RM14.94 million (12.7 per cent) will be utilised as working capital, and the remaining RM7 million or 6.1 per cent is for estimated listing expenses.

Aquawalk group chief executive officer Daryl Foong said the company’s listing is a significant milestone for the group and for Malaysia’s tourism industry.

"It demonstrates that Malaysia has the regional capacity and the capability to provide world-class entertainment and education and to push the envelope in terms of what is possible for our schooling, our education, our conservation,” he said at the launch of the company’s prospectus.

He said it was possible to carry out educational and conservation work while remaining profitable.

The group plans to expand regionally with new oceanariums in Surabaya, Indonesia and Kota Kinabalu, Sabah, with completion targeted within the next three years, Foong said.

"We intend these locations to be within 40,000 to 70,000 square feet (sq ft). We have bigger ones of about 100,000 sq ft in Phuket,” he said.

He said construction will begin after the IPO. Each new location is expected to employ nearly 100 permanent staff, excluding opportunities created during construction.

The group designs, builds and operates aquariums around the world. In addition to Aquaria KLCC, it also owns and operates Aquaria Phuket and has a 40 per cent stake in Jakarta Aquarium and Safari.

The group will undertake a public issue of 368.6 million new ordinary shares and an offer for sale of 368.6 million existing shares.

Under the public issuance, 92.15 million shares will be made available for application by the Malaysian public, 4.68 million shares to eligible directors, employees and persons who have contributed to the Aquawalk's success, and 271.76 million shares by way of private placement.

The offer for sale will involve 230.37 million existing shares made available by way of private placement to bumiputra investors approved by the Investment, Trade and Industry Ministry, and 138.22 million shares by way of private placement to selected investors.

At an IPO price of 31 sen apiece, the company will have a market cap of RM571.3 million based on a total enlarged share capital of 1.84 billion shares on listing.

Application for the public issue portion opens today and closes at 5 pm on Nov 7, 2025.

M & A Securities is the adviser, sponsor and managing underwriter for the IPO, with CGS International as a joint underwriter and joint placement agent. - Bernama

Pls share fv

Tq

Aquarium very quiet

wait for Zoo listing
atleast Zoo got more things to see

This post has been edited by pileepalah: Nov 4 2025, 11:49 AM

just 1 day different closing date with PWM int, which one hamtam ?

I told them to BOMBARD THMY...but fell on deaf ears....
then...THMY EXPLODED $$$$$

NOW again - surely PMW

This post has been edited by IPO ADDICT: Nov 6 2025, 09:53 AM

TA fair value 0.37

Malacca securities fv 0.49

[quote=ktrader,Nov 6 2025, 01:55 PM]
Malacca securities fv 0.49

[/quote
...and Tradeview 0.45

[quote=ktrader,Nov 6 2025, 02:21 PM]
[quote=ktrader,Nov 6 2025, 01:55 PM]
Malacca securities fv 0.49

[/quote
...and Tradeview 0.45

[/quote]
can give source or post screenshot here? tq

1261

coming leow 1500

2morrow can reach 5000 b4 5 pm

hmmm.....

Remember World NO 1 Famous Investor WARREN BUFFETT TAG LINE ?

>> BE GREEEEEEDY when...? ........hmmm

This post has been edited by IPO ADDICT: Nov 7 2025, 07:21 AM

nobody apply？

low number roughly 2500 by now
low turnout

fv given not very excited 37cts to 48 cts only
now ppl expected something like cheeding , THMY and IAB

This post has been edited by pileepalah: Nov 7 2025, 12:38 PM

Even FV/TP given is so so or below IPO price....

Sure oversubscribed one 😑

Note what Ms Nexona88 said about Farmiera O.S around 25 X ( public )
People now very smart...hmmm 1 cap ayam analyst gave an ANTI-CLIMAX FV for FARMIERA - hmmm NO BODY believe it....that's why Over subscribed 25X

AQUAWALK IPO....why cold ?....NOT bcoz of the TP/FV ...but...hmmm

This post has been edited by IPO ADDICT: Nov 7 2025, 02:53 PM

2773

look like quite easy to strike this ipo with 92 million offered to the public

Try 501 lots and see how. Niche business. Good profit margins.

2927

Applied sikit. Hope can profit.

agree,... high PAT. I.try 501 lot too, hehe

sikit sikit
lama jadi bukit

target one basket mau sang durian

Good luck everyone...

Around 90mil+ offerings... Should be higher chance 🤞

nanti dapat oreli can be the owner of this very posh Aquarium KLCC
can go there masuk free and order the staffs to mop the floor

HURRYYYYY UPPPPP
5 more minutes.....
After all - the IPO MARKET lately is

Thanks to NOW Charming DONALD T

This post has been edited by IPO ADDICT: Nov 7 2025, 04:54 PM

Applied through Moomoo yesterday, let's see if any chance

hmmm....most likely will get ALL
NO need balloting table ?... ..

This post has been edited by IPO ADDICT: Nov 9 2025, 01:39 AM

today the balloting day
let see who can get allotment

most of us will get ...high chances to strike guys....

i think will oversub by 20X

moomoo result out already

A total of 8,986 applications for 665,643,600 new Shares were received from the Malaysian public, resulting in an overall oversubscription rate of 6.22 times. Specifically, a total of 5,125 applications for 307,774,500 new Shares were received for the Bumiputera portion, representing an oversubscription rate of 5.68 times. Meanwhile, a total of 3,861 applications for 357,869,100 new Shares were received for the other Malaysian public portion, representing an oversubscription rate of 6.77 times. Additionally, 4,686,000 new Shares made available for application by the eligible directors, employees and persons who have contributed to the success of Aquawalk have been fully subscribed.

https://www.mih.com.my/storage/attachment/p...ESS_RELEASE.pdf

https://www.mih.com.my/storage/attachment/b...IH685-BASIS.pdf

Low oversub and high success rate. All the best during listing day!

This post has been edited by kb2005: Nov 11 2025, 06:10 PM

Close to 50%. Now

now all can go KLCC aquaria

All the best upon listings 🙂

Lambatnya maybank keluar result..
Eh kenapa mae aku xde noti bila duit masuk

Tahun melawat malaysia 2026 😁

My % is close to 50% but still not allotted. Not sure want to laugh or cry!

But not allotted leh!

Listings time only can tell 😕

Sorry nak tanya.. Sape amik guna maybank.. Lambat result keluar yw

Oversubscribed by 6x, honestly thought there would be more haha

Apex kasi 51sen
https://theedgemalaysia.com/node/780989

Just found out they rarely write IPO Notes, if not mistaken the last 2 were ICENTS and CHEEDING, and both opened exactly/near their target price.

let's go guys hopefully penguins fly today

hmmm.....

KOOL it , plisss

This post has been edited by IPO ADDICT: Nov 19 2025, 09:04 AM

aqua otw to holland. red color
hope other stock green. dont follow aqua to the sea

Hmmm......COMINGGGGG..!

those pressed the panic button now in MAD

This post has been edited by IPO ADDICT: Nov 19 2025, 09:04 AM

0.32 now.

sold all 0.32

Aquawalk became Aquarun!

many have been "tricked" by the IPO Company
it's legal - nothing against the BURSA Trading Rule
a spicy lesson to LIMIT DOWN ADDICT seller before 9 AM ...

very RARE the IPO game played like this ...

# BTW..those smart EARLY BIRDS wallaped at opening @ 30 sen - now in JOLLY MODE

This post has been edited by IPO ADDICT: Nov 19 2025, 09:33 AM

can eat kfc bucket meal today.
goodluck to all that still hold

sapa cipat dia dapat

dapat one bowl of wan tan mee

with 6 pieces water dumpling

Sold all at 0.365

nice

I sold all of mine at 0.33, I saw the 40 million sell wall and I was thinking it's not gonna be broken but I was wrong