The owner-operator of Empire Sushi said the IPO entails 363 million ordinary shares consisting of a public issue of 218 million issue shares and an offer for sale of 145 million existing shares (offer shares). "A total of 137.5 million offer shares, representing 12.5% of the enlarged issued shares, to Bumiputera investors approved by the Ministry of Investment, Trade and Industry (Miti). "Another 155.5 million IPO shares (comprising 7.5 million offer shares and 148 million issue shares), representing up to approximately 14.1% of the enlarged issued shares, to institutional and selected investors (other than Bumiputera investors approved by Miti)," it said. For its retail offering, a total of 70 million issue shares are allocated, representing approximately 6.4% of the enlarged issued shares. Maybank IB is the principal adviser, sole placement agent, sole bookrunner and sole bookrunner and sole underwriter for the IPO exercise.

Source: The Edge Markets March 13, 2026 09:50 UTC