HSS Holdings Berhad announced that the public portion of its Initial Public Offering (IPO) was oversubscribed 10.56 times, signaling strong investor appetite ahead of its market debut. The Group received 5,097 applications for 289,102,700 Issue Shares from the Malaysian public, reflecting confidence in its bakery products business and growth prospects.

The IPO comprises a public issue of 75.0 million new ordinary shares and an offer for sale of 52.5 million existing shares. The allocation structure includes 25.0 million new shares for the Malaysian Public, 10.0 million new shares for Eligible Persons, 30.0 million new shares for Private Placement to Selected Investors, and 10.0 million new shares alongside 52.5 million existing shares for Private Placement to Bumiputera Investors.

Subscription details highlight varied demand across categories. The Bumiputera public portion recorded 2,523 applications for 103,641,300 shares, an oversubscription rate of 7.29 times. The other Malaysian public portion attracted 2,574 applications for 185,461,400 shares, resulting in a higher oversubscription rate of 13.84 times.

Mr. Goh Chen Chang, Managing Director of HSS Holdings Berhad, attributed the response to confidence in the Group's established market presence and diversified portfolio. He stated that proceeds will strengthen production capabilities and operational efficiency. Datuk Bill Tan, Executive Director of M & A Securities Sdn. Bhd., echoed this sentiment, noting the strong subscription reflects investor confidence in the business model and future growth.

HSS Holdings Berhad is scheduled to be listed on the ACE Market of Bursa Malaysia Securities Berhad on June 23, 2026. The Group, with roots dating back to 2004, offers over 6,000 SKUs across bakery and other products under brands such as SINAR®, 合顺成饼家® and Sa1ko®.