Stratus Global aims to raise RM285.00 million for expansion

Stratus Global Holdings Berhad, a specialist in semiconductor automated material handling system (AMHS) solutions, has launched its prospectus for an Initial Public Offering (IPO) on the Main Market of Bursa Malaysia Securities Berhad. The company aims to raise RM285.00 million through the issuance of 356.25 million new ordinary shares at an issue price of RM0.80 per share. This listing, scheduled for July 21, 2026, represents a market capitalisation of RM1.00 billion based on an enlarged issued share capital of 1.25 billion shares.

The IPO consists entirely of new shares, with no offer for sale by existing shareholders, ensuring all proceeds support the Stratus Global Group's expansion. Applications for the shares open at 10.00 a.m. on July 2, 2026, and close at 5.00 p.m. on July 10, 2026. UOB Kay Hian (M) Sdn Bhd serves as the Principal Adviser, Underwriter, and Placement Agent for the offering.

Proceeds from the capital raise are allocated across several strategic initiatives designed to scale operations and enhance technological capabilities. The company plans to utilise the funds to bolster its manufacturing footprint, extend its international presence, and invest in innovation.

Allocation of IPO Proceeds

The following table details the planned utilisation of the RM285.00 million raised:

Purpose	Amount (RM)
Facility expansion	122.60 million
Working capital	82.40 million
Research and development	45.00 million
Overseas business expansion	20.00 million
Listing expenses	15.00 million

A significant portion of the funds, RM122.60 million, is designated for expanding the company's facility, including the establishment of a new manufacturing plant in Penang. This expansion is intended to support higher production capacity and larger-scale project execution. Additionally, RM20.00 million will be used to establish sales and engineering support offices in strategic semiconductor markets to strengthen regional support capabilities.

Strategic Growth and Innovation

Stratus Global Group focuses on end-to-end AMHS solutions, encompassing design, fabrication, installation, and commissioning for cleanroom environments. The company serves multinational semiconductor companies in Malaysia, Asia, Europe, and North America. To maintain its competitive edge, RM45.00 million is allocated for research and development to enhance its proprietary transport control software and product innovation.

Mr. Ryo Narisawa, Executive Director and Chief Executive Officer of Stratus Global Holdings Berhad, highlighted the significance of the IPO. He stated that the listing provides a platform to execute the next phase of growth by expanding manufacturing capabilities and advancing innovation. Mr. David Lim, Chief Executive Officer of UOB Kay Hian (M) Sdn Bhd, expressed confidence in Stratus Global's engineering capabilities and operational discipline, noting its strong position within the global semiconductor supply chain.

Stratus Global Holdings Berhad, a semiconductor automated material handling system (AMHS) solutions specialist, has entered into an underwriting agreement with UOB Kay Hian (M) Sdn Bhd for its Initial Public Offering (IPO) and listing on the Main Market of Bursa Malaysia Securities Berhad. UOB Kay Hian (M) Sdn Bhd serves as the Principal Adviser, Underwriter, and Placement Agent for the IPO. This agreement marks a significant step as the company prepares to raise growth capital to fund its business expansion initiatives.

IPO Structure and Allocation

The IPO comprises a public issue of 356,250,000 new ordinary shares, representing 28.50% of the enlarged issued share capital of Stratus Global. The offering does not involve any offer for sale by existing shareholders. The shares will be allocated across four distinct categories:

Allocation Category	Number of Shares	Details
Malaysian Public	25,000,000	Available via balloting; 12,500,000 shares set aside for Bumiputera investors.
Pink Form Allocation	30,000,000	Reserved for eligible Directors, employees, and contributors.
Private Placement	145,000,000	Allocated to identified institutional and/or selected investors.
Bumiputera Private Placement	156,250,000	Allocated to Bumiputera investors approved by MITI.

UOB Kay Hian (M) Sdn Bhd will underwrite a total of 55,000,000 IPO Shares, which includes the 25,000,000 shares under the Malaysian public portion and the 30,000,000 shares under the Pink Form Allocation.

Utilization of Proceeds

Stratus Global intends to utilise the net proceeds from the IPO for several strategic business expansion initiatives. These include the expansion of its facility, overseas business expansion, research and development (R&D) expenditure, working capital requirements, and estimated listing expenses.

As part of its facility expansion plan, the company intends to establish a new manufacturing facility in Penang with a built-up area of at least 170,000 sq ft. This facility is designed to support higher production volumes and enhance the company's ability to execute multiple AMHS projects concurrently.

Global Expansion Strategy

To strengthen its international presence, Stratus Global plans to establish sales and engineering support offices in strategic semiconductor markets. The targeted locations include Japan, Taiwan, Germany, and the United States of America. These offices are expected to improve customer engagement, responsiveness, and the delivery of localised engineering support in key markets.

Mr. Ryo Narisawa, Executive Director and Chief Executive Officer of Stratus Global, stated that the signing of the underwriting agreement marks a key milestone in the company's journey toward listing. He emphasized that the IPO will support the next phase of the group's expansion by strengthening execution capacity, enhancing R&D capabilities, and growing overseas market presence.