KUALA LUMPUR: Wasco Greenergy Bhd, slated for a listing on Bursa Malaysia’s Main Market, aims to raise RM75 million from its initial public offering (IPO).

The group said that of the total proceeds, RM38.2 million will be utilised for the expansion of renewable energy business, research and development initiatives (RM4.0 million), and the development of digital infrastructure through artificial intelligence-driven analytics (RM5.0 million).

It said RM12.5 million from the proceeds will be allocated for improvements and enhancements of operational facilities, operations expansion in Indonesia (RM5.5 million) and listing expenses (RM9.8 million).

Commenting on its operational expansion in Indonesia, Wasco Greenergy chief executive officer Lee Yee Chong said the company plans to add two more branches to its existing pipeline, bringing the total to four branches in the country.
WASCO GREENERGY BERHAD
rm1.00 
total 150,000,000
public offer 1,000,000

Additional information
TIIH Share Issue A/C No.817

Bursa Malaysia BoardMain Market
Opening Date20 Nov 2025
Closing Date28 Nov 2025
Ballot Date02 Dec 2025
Advisor CIMB INVESTMENT BANK BERHAD

only 1 million shares for public to grab
is like a goldmine waiting for you

WASCO GREENERGY BERHAD 1.00 11 Dec 2025 150,000,000 public 1,000,000
Additional information
TIIH Share Issue A/C No.817
Bursa Malaysia BoardMain Market
Opening Date20 Nov 2025
Closing Date28 Nov 2025
Ballot Date02 Dec 2025
AdvisorCIMB INVESTMENT BANK BERHAD