Impact Capital Holdings Berhad signed an underwriting agreement with Public Investment Bank Berhad (PIVB) for its initial public offering on the ACE Market of Bursa Malaysia Securities Berhad. The ICT integration firm plans to raise capital through a mix of new share issuance and existing share sales.

The proposed listing comprises a public issue of 96.69 million new ordinary shares and an offer for sale of 28.62 million existing shares. PIVB serves as the Principal Adviser, Sponsor, Sole Underwriter, and Sole Placement Agent for the transaction.

Share allocation structure

The public issue is divided among three categories to ensure broad participation and strategic alignment. The offer for sale portion is directed exclusively at selected investors.

Under the agreement, PIVB will underwrite 40.00 million shares. This commitment covers the full allotment for the Malaysian public (24.00 million shares) and the eligible persons category (16.00 million shares).

Strategic objectives and proceeds

Impact Capital, which has operated in the ICT industry for over 20 years, intends to use the IPO proceeds to expand its operational footprint and strengthen workforce capabilities. The funds will also support the enhancement of technology capabilities, including the establishment of a planned Digital Innovation and Solutions Centre.

Additional allocations are designated for working capital requirements and estimated listing expenses. The Group provides ICT integration solutions for critical infrastructure sectors such as telecommunications, enterprise networks, data centres, security systems, and digital twin technologies.

Winston Chai Fung Chun, Managing Director of Impact Capital Holdings Berhad, stated that the listing provides a platform to enhance technological capabilities and business development. Lee Yo-Hunn, Chief Executive Officer of PIVB, highlighted the Group's experienced management team and technical foundation as key drivers for its next growth phase.