Chemlite Innovation Berhad specializes in advanced manufacturing, particularly in anodising and metal plating services. The funds raised from this IPO will fuel significant expansion, including the establishment of a state-of-the-art facility featuring four fully automated anodising lines, four semi-automated metal plating lines, and two cleanrooms for cleaning and packaging services.  Chemlite Innovation Berhad going to be listed on 26 March 2025. Application closes on 12 March 2025. About Chemlite Innovation Berhad IPO Chemlite Innovation Berhad, listed under the ticker "CLITE," is making waves with its upcoming Initial Public Offering (IPO) on the ACE Market, targeting the Industrial Products & Services sector. With an IPO price of RM 0.25 per share, Chemlite aims to raise RM 30 million through a public issue of 120 million new shares and an offer for sale of 60 million existing shares. This IPO, set to close for applications on March 12, 2025, and list on March 26, 2025, presents a golden opportunity for investors looking to tap into a growing industrial player in Malaysia. Additionally, the IPO proceeds will support critical investments such as capital expenditure on machinery and equipment, the creation of a dedicated research and development (R&D) department to drive innovation, partial repayment of bank borrowings, working capital needs, and covering listing expenses. This strategic allocation of funds positions Chemlite for long-term growth, making it an attractive investment for those seeking exposure to the industrial products and services market. Why Invest in Chemlite Innovation Berhad via M+ Global?
Investing in Chemlite’s IPO through M+ Global offers an unparalleled opportunity to maximize your returns with innovative financing options. M+ Global allows clients to leverage up to 5x their investment, significantly increasing your chances of securing a larger allocation of Chemlite’s IPO shares. This leverage amplifies your potential returns while providing access to a promising company poised for expansion and innovation in a high-demand sector. By subscribing to Bursa IPOs with M+ Global, you gain access to a seamless, user-friendly platform designed to help investors capitalize on new listings like Chemlite Innovation Berhad. Whether you’re a seasoned investor or new to the market, M+ Global’s IPO financing tools empower you to participate confidently and strategically. How to Get Started with M+ Global? Signing up for M+ Global is easy and rewarding. Use the exclusive Invitation Code: UBZQ to register. With M+ Global’s 5x leverage option, you can amplify your investment potential. For more details about IPO Financing, kindly check here.
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