Tuesday, 3 March 2026

Impact Capital eyes ACE Market listing

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KUCHING: Sarawak-based Impact Capital Holdings Bhd is eyeing a listing on Bursa Malaysia’s ACE Market.

Via its wholly-owned subsidiaries, Impact Capital is involved in the integration of ICT equipment and systems for critical infrastructure, supply of ICT hardware and software, and provision of ICT and other services.

According to its prospectus exposure, the company will offer 96.69 million new ordinary shares under its initial public offerings (IP0), comprising 24 million shares for Malaysian public, 16 million shares for eligible persons and 56.69 million shares for private placement to selected investors.

The number of existing shares to be offered under the offer for sale is about 28.62 million shares (private placement to selected investors). Upon listing, Impact Capital will have a total of 480 million ordinary shares.

Impact Capital said the group has an established track record of 20 years’ operating as an ICT infrastructure and service provider since its operation in 2025. Its first project involved providing ICT equipment and systems for an enterprise network and security systems for a government ministry in 2006.

“Our group can integrate ICT equipment systems to support the operation of critical infrastructure, including telecommunications, networks, data centres and security infrastructure.

“Our group maintains strategic technical partnerships with some global technology corporations, enabling the transfer of technologies, products and services to drive business growth. As an authorised partner of certain global brands, our group benefits from the strong brand equity and customer loyalty established by our principals,” said the company, whose authorised partners include Huawei, Cisco and Dell Technologies.

Impact Capital said it intends to utilise the proceeds from the IPO to fund the expansion of its offices, workforce and business development initiatives as well as enhancement of its technology capabilities.

The company plans to expand its operational footprint by setting up new offices in strategic locations, including Peninsular Malaysia.

“We plan to expand our operations in Selangor/Kuala Lumpur (Klang Valley) by establishing and renting an additional new office in Kuala Lumpur. The new office, with approximately 7,700 sq ft of floor space, will accommodate our Klang Valley team and house our new digital innovation and solutions centre.“In addition, we plan to relocate our operations in Bintulu and Kota Kinabalu from co-working spaces to larger and permanent rented office premises within the same cities.

“Further, to strengthen our market presence and expand our customer reach, we intend to expand our operations into Johore by establishing a new office in Johor Bahru.This office will enable us to be closer to our customers, respond more quickly to their needs, and support project execution,” added the company.

On workforce expansion, Impact Capital said in line with its business expansion plans, the company will further beef up its human resources’ capabilities by recruiting additional personnel, with the focus on hiring skilled professionals with the requisite technical expertise and industry knowledge necessary to support and sustain its operations. The plans is to recruit some 60 personnel progressively from 2027 to 2029.

“As part of our growth strategy, we intend to undertake business development initiatives to strengthen our brand positioning, enhance market visibility, and expand our customer reach. These initiatives are designed to support our long-term objective of establishing our group as a trusted and recognised ICT infrastructure and services provider across Malaysia.”

Impact Capital said the setting up of a digital innovation and solutions centre is to serve as a strategic platform for solution demonstration, customer engagement and in-house technical validation.

Impact Capital said the current order book for its ongoing ICT integration projects is RM201.2 million which is expected to sustain its business until 2032.

“We are dependent on Huawei group as our purchases from them represented 27.02 per cent (RM26.78 million), 50.85 per cent (RM68.36 million), and 56.73 per cent (RM68.26 million) of total purchases of materials and services for the FYE 2023, 2024 and 2025,” said the company.

In FYE 2023, 2024 and 2025, Impact Capital posted profit after-tax of RM4.08 million, RM9.35 million and RM7.02 million on revenue of RM113.2 million, RM160.2 million and RM145.4 million respectively.

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