PETALING JAYA: Stratus Global Holdings Bhd is eyeing a listing on the Main Market of Bursa Malaysia. The company is principally involved in the provision of factory automation solutions, specialising in cleanroom automated material handling system solutions. In its prospectus exposure, the company said its initial public offering (IPO) will entail the public issue of 356.25 million new ordinary shares. The company said proceeds from the IPO will be used for expansion of facilities, overseas business expansion and research and development expenditure. “We plan to expand our overseas presence through the establishment of sales and engineering support offices in Asia, Europe and the USA.

Source: The Star December 23, 2025 18:20 UTC