KUALA LUMPUR (March 12): SQ Advanced Interconnect Bhd, a semiconductor component maker, is planning to list on the Main Market of Bursa Malaysia to fund its expansion as well as research and development (R&D). Based in Penang, SQ Advanced Interconnect manufactures and assembles flexible printed circuits (FPC) and manufactures integrated circuit (IC) substrates, covering circuit design, prototype fabrication and production. The proposed IPO of 337.5 million shares, consists of a public issuance of 202.5 million new shares and an offer for sale of 135 million shares by substantial shareholder Twisden Ltd, which holds a 10.4% stake. Twisden is 75%-owned by SQ Advanced Interconnect managing director and CEO Jeffrey Hwang Shin Hung, while the remainder is held by executive director and president of Xiamen plant operations Brian Low Loke Chew. Both Hwang and Low have agreed to keep their shares in the company for at least six months.

Source: The Edge Markets March 12, 2026 15:11 UTC