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3REN unveiled (IPO prospectus for its listing on ACE Market next month

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KUALA LUMPUR: 3REN Bhd, an automation solutions and engineering services provider, has unveiled its initial public offering (IPO) prospectus for its l...

Koh and 3REN head of finance Yeap Siew Wen at a press conference in conjunction with the prospectus launch.3REN Bhd, an automation solutions and engineering services provider, has unveiled its initial public offering prospectus for its listing on the ACE Market of Bursa Malaysia Securities, slated for Nov 6.

Business expansion consists of setting up delivery centres , research and development expenditure , establishment of a Singapore office and working capital .3REN executive director and CEO Koh Dim Kuan said that as they look towards the horizon, they see potential for growth. The global semiconductor industry is set to continue expanding well into the next decade, driven by emerging technologies such as artificial intelligence, 5G adoption, and the Internet of Things.

Regarding Budget 2025, Koh said the company hopes the government will address the talent shortage faced by the industry. “The talent issue has been highlighted very well to him, and he is aware of the challenges. So we believe that issue will be addressed according to the upcoming budget. We are very excited and looking forward to hearing the announcement,“ Koh said in a press conference at the event.

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