Issuing house

IPO News

Current offerings, press releases and basis of allotment, balloting results and completed deals — everything we publish as issuing house, in one place.

IPO Offering

As issuing house, AscendServ Capital Markets Services Sdn Bhd carries out the distribution and collection of share application forms. Our present issues are below.

REDPLANET BERHAD

Open ACE Market

Issue price RM 0.190

Opening 28/09/2026

Closing 08/10/2026 14:36

Balloting 13/10/2026

Allotment 20/10/2026

Listing 22/10/2026

Public issue 20,540,000

Prospectus

Total offer of 80,000,000 shares, of which 20,540,000 are offered to the Malaysian public by way of balloting.

Press Release & Basis

The IPO press release and the basis of allotment following the balloting process.

Date	Company name	Press release	Basis
08/09/2026	PIONEER HEAT HOLDINGS BERHAD	Click here	Click here
04/06/2026	PENTECH HOLDINGS BERHAD	Click here	Click here
08/05/2026	GOLD LI HOLDINGS BERHAD	Click here	Click here
09/04/2026	MTT SHIPPING AND LOGISTICS BERHAD	Click here	Click here
09/03/2026	ADNEX GROUP BERHAD	Click here	Click here
11/02/2026	TEAMSTAR BERHAD	Click here	Click here
01/12/2025	LAC MED BERHAD	Click here	Click here

Balloting Results

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Past IPO

Completed issues where we acted as issuing house, most recent first.

2026

Company name	Market	Listed	Issue price	Subscription	Documents
PIONEER HEAT HOLDINGS BERHAD Principal adviser: Malacca Securities Sdn Bhd	ACE Market	17/09/2026	RM 0.250	—	Press release Basis
PENTECH HOLDINGS BERHAD Principal adviser: Public Investment Bank Berhad	ACE Market	15/06/2026	RM 0.200	—	Press release Basis
GOLD LI HOLDINGS BERHAD Principal adviser: M & A Securities Sdn Bhd	ACE Market	18/05/2026	RM 0.130	—	Press release Basis
MTT SHIPPING AND LOGISTICS BERHAD Principal adviser: CIMB Investment Bank Berhad	Main Market	21/04/2026	RM 1.030	—	Press release Basis
ADNEX GROUP BERHAD Principal adviser: Public Investment Bank Berhad	ACE Market	17/03/2026	RM 0.200	—	Press release Basis
TEAMSTAR BERHAD Principal adviser: TA Securities Holdings Berhad	ACE Market	25/02/2026	RM 0.260	—	Press release Basis

2025

Company name	Market	Listed	Issue price	Subscription	Documents
LAC MED BERHAD Principal adviser: RHB Investment Bank Berhad	Main Market	10/12/2025	RM 0.750	—	Press release Basis

Planning a listing?

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