Solar District Cooling Group Berhad IPO: Sustainable Energy Solutions and Growth Opportunities

​Explore Solar District Cooling Group Berhad's RM45.09 million IPO, offering innovative BMS and solar thermal solutions. Learn about their 17-year track record, technical expertise, and growth potential in Malaysia's renewable energy sector.

Solar District Cooling Group Berhad has announced its Initial Public Offering (IPO) to raise RM45.09 million through the issuance of 118.67 million new shares. This Malaysian company specializes in Building Management Systems (BMS), solar thermal hot water systems, and energy performance services.

​Company Overview
Solar District Cooling Group Berhad is a Malaysian company specializing in:

• Building Management Systems (BMS)
• Solar thermal hot water systems
• Energy performance services

IPO Details

• Aim to raise: RM45.09 million
• Total new shares: 118.67 million
• Allocation:
  • 21.19 million shares to Malaysian public
  • 21.19 million shares to eligible persons
  • 76.28 million shares via private placement

Use of Proceeds

• 41.5%: Purchase materials
• 28.1%: General working capital
• 11.1%: Tender bonds for future projects
• 9.5%: Listing expenses
• 5.6%: Capital expenditure
• 4.2%: Headquarters expansion

Key Strengths

1. 17-year track record (since 2008)
2. Sustainable energy solutions reducing carbon footprint
3. Technical expertise and certifications
4. Proprietary brands: "Tri-IO" (BMS equipment) and "SDC" (solar thermal collectors)
5. Experienced leadership team

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Target Market

• Healthcare institutions (e.g., hospitals)
• Hospitality businesses (e.g., hotels, service apartments)
• Organizations seeking to reduce carbon footprint

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