Skyechip Bhd. has signed an underwriting agreement with local banks for an initial public offering to fund research and development of artificial intelligence products. The IPO will issue 400 million new shares, representing 22.3% of its enlarged sha

2026-04-13

Skyechip Bhd. has signed an underwriting agreement with local banks for an initial public offering to fund research and development of artificial intelligence products. The IPO will issue 400 million new shares, representing 22.3% of its enlarged share capital, while existing shareholders will not sell any holdings. Maybank Investment Bank Bhd. and CIMB Investment Bank Bhd. are serving as bookrunners for the offering.