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OTHERS ES Sunlogy Berhad ("ES Sunlogy" or "Company") - Variation to Utilisation of Proceeds from Initial Public Offering of the Company
ES SUNLOGY BERHAD
Type
Announcement
Subject
OTHERS
Description
ES Sunlogy Berhad ("ES Sunlogy" or "Company") - Variation to Utilisation of Proceeds from Initial Public Offering of the Company
In conjunction with the Company’s listing on the ACE Market of Bursa Malaysia Securities Berhad (“Bursa Securities”) on 20 February 2025, the Company undertook an initial public offering (“IPO”) which raised gross proceeds of approximately RM42.0 million for the Company from the public issue of new shares (“IPO Proceeds”).
The Board of Directors of ES Sunlogy wishes to announce that it has resolved to approve and vary the purpose for the utilisation of IPO Proceeds.
Please refer to the attachment for further details.
This announcement is dated 4 February 2026.
Remarks:
M & A Securities Sdn Bhd (“M&A”), being the Sponsor, was responsible for the admission of ES Sunlogy to the ACE Market of Bursa Securities on 20 February 2025. M&A assumes no responsibility for the contents of this announcement.