KUCHING: The official launch of Hartanah Kenyalang Bhd’s Initial Public Offering (IPO) marks a significant turning point for both the company and Sarawak’s business community.
Infrastructure and Port Development Deputy Minister, Datuk Aidel Lariwoo, said as the first Sarawak-based construction company to be listed on Malaysia’s capital market, this IPO highlights the growing prominence of Sarawak-based firms.
He noted that the launch of Hartanah Kenyalang’s IPO prospectus is more than a financial event as it is an open invitation for the public to become part of a success story.
“For investors, this prospectus offers a doorway to share in the future achievements of a company that is not only financially sound but also socially responsible.
“For the broader community, this event signals growth, expansion and opportunity. By opening its doors to new partners, the company demonstrates confidence in the strength of its business and the potential of the markets it serves.
“I have no doubt that this offering will position the company for even greater accomplishments in the years ahead,” he lauded.
He said this when representing Deputy Premier Datuk Amar Douglas Uggah Embas to witness the launching at Sheraton Hotel Kuching here yesterday.
He assured that the government remains firmly committed to supporting enterprises such as Hartanah Kenyalang Bhd that invest in state development, create meaningful employment, and uphold the highest standards of corporate citizenship.
He pointed out that the government’s policies are designed to foster a business climate where ambition is rewarded, innovation is supported, and investment is protected.
“Events like today’s IPO prospectus launch reflect the vibrancy of our private sector and strength of our economy foundation.
“I extend my sincere congratulations to the leadership, employees, and the partners of Hartanah Kenyalang Bhd for reaching this impressive milestone.
“Having said that, I encourage investors and stakeholders to explore the exciting opportunities this IPO represents.
“Together through collaboration between the public and private sectors, we can continue to build not only modern infrastructure but also a future shared prosperity,” he said.
