Express Powerr Solutions Berhad IPO: Invest via M+ Global

​Express Powerr Solutions Berhad, a generator rental and power solutions provider, is set to list on the ACE Market with an IPO price of RM0.20 per share. With a target price of RM0.31, investors are looking at an impressive 55% potential upside based on M+'s fair value.

Key Highlights:

• Funds Raised: RM49.08 million (RM36 million for company expansion).
• Market Capitalisation: RM186.9 million upon listing.
• Dividend Policy: 30%–50% of net profit.
• PE Ratio: 11.3x.
• Strong Client Base: TNB, Sabah Electricity, government agencies, construction firms, and event organizers

Business Overview:
Headquartered in Klang, Express Powerr operates a fleet of 115 generators, serving critical industries including oil & gas, manufacturing, construction, utilities, and government projects. The company not only rents generators but also provides installation, maintenance, and ancillary equipment supply.

Growth & Expansion Plans:

• Acquire 36 new generators to expand capacity.
• Strengthen foothold in the oil & gas sector.
• Establish a new headquarters to consolidate operations.

​With RM16.6 million net profit and RM70.17 million revenue in the previous year, Express Powerr is well-positioned for sustainable growth and reliable dividend returns.

👉 Open your M+ Global account today using invitation code: UBZQ to subscribe and participate in this IPO opportunity.

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