New issue of 122.50 million new shares representing 25.0% of the enlarged issued share
capital
• SBS Nexus Berhad (“SBS Nexus” or the “Company”) and its subsidiaries (collectively, the “Group”) targets to raise RM30.63 million from the Initial Public Offering (“IPO”)
• SBS Nexus Berhad is slated to be listed on the ACE Market of Bursa Malaysia Securities Berhad (“Bursa Securities”) on 20 January 2026
Kuala Lumpur, Malaysia, 23 December 2025 – A branding and marketing solutions specialist company, SBS Nexus today unveiled the prospectus for its IPO at EQ Kuala Lumpur. This is in conjunction with the Company’s listing of its entire enlarged issued share capital of 490.0 million ordinary shares on the ACE Market of Bursa Securities, scheduled for 20 January 2026. M & A Securities Sdn Bhd (“M&A Securities”) is SBS Nexus’s Adviser, Sponsor, Underwriter and Placement Agent for the IPO.
SBS Nexus is principally an investment holding company. Through its subsidiaries, SBS Nexus Group is a branding and marketing solutions specialist, principally involved in the provision of offline branding solutions and digital branding solutions.
SBS Nexus’s IPO entails the public offering of 171.50 million ordinary shares comprising a public issue of 122.50 million new shares (“Issue Shares”) and an offer for sale of 49.00 million existing shares (“Offer Shares”) which collectively represent 35.0% of the SBS Nexus Group’s enlarged issued share capital of 490.00 million ordinary shares.
Of the 122.50 million Issue Shares, 24.50 million Issue Shares will be made available for application by the Malaysian public; 17.15 million Issue Shares will be made available for application by the eligible directors, employees and persons who have contributed to the success of SBS Nexus Group; 61.25 million Issue Shares made available by way of private placement to Bumiputera investors approved by the Ministry of Investment, Trade and Industry; and 19.60 million Issue Shares will be allocated for private placement to selected investors. There is also an offer for sale of
49.00 million Offer Shares will be allocated for private placement to selected investors.
Based on the IPO price of RM0.25 per share, the IPO exercise is expected to raise RM30.63 million for SBS Nexus. The public issue of 24.50 million new shares available for application by the Malaysian public, opens today, 23 December 2025 at 10.00 a.m., and application will close on Wednesday, 7 January 2026 at 5.00 p.m.
The IPO proceeds of RM30.63 million will be fully allocated as follows:
• RM7.10 million (23.2%) will be used for the set-up of our new headquarters;
• RM7.25 million (23.7%) will be used for business expansion;
• RM0.74 million (2.4%) will be used for branding, marketing and promotional activities;
• RM6.00 million (19.6%) will be used for repayment of borrowings;
• RM5.04 million (16.4%) will be used for working capital; and
• RM4.50 million (14.7%) will be used for estimated listing expenses.
Based on the enlarged share capital of 490.00 million ordinary shares and IPO price of RM0.25 per share, SBS Nexus is expected to have an indicative market capitalisation of RM122.50 million.
SBS Nexus has recorded strong financial growth, with revenue increased from\ RM11.60 million for financial year ended 31 December 2022 (“FYE 2022”) to RM29.92 million in financial year ended 31 December 2024 (“FYE 2024”) and its profit after tax grew from RM1.58 million in FYE 2022 to RM7.60 million in FYE 2024, grew at a compounded annual growth rate of 219% per annum. The revenue increased from RM12.74 million for the 6-month financial period ended 30 June 2024 (“FPE 2024”) to RM21.76 million for the 6-month financial period ended 30 June 2025 (“FPE 2025”)
and its profit after tax grew from RM3.39 million in FPE 2024 to RM4.71 million in FPE 2025, achieved a growth rate of 39% year-on-year.
SBS Nexus’s Managing Director cum Chief Executive Officer, Mr Wong Chun Mun, commented, “Since our first subsidiary was established in 2003, we have grown and transformed into a one-stop solution provider and capable in offering various type of innovative branding and marketing solutions by leverage on our multi-channel marketing ecosystem, Today, we are filled with excitement as we embark on the next phase of our corporate journey, that is, the dream of transitioning SBS Nexus into a public listed company on the ACE Market is on the verge of becoming a reality soon.”
“We offer an extensive range of services as a one-stop branding and marketing solutions provider for local businesses and entrepreneurs in various stages of their business lifecycle. One of our key unique competitiveness is we are capable to propose and cross-sell different branding and marketing solutions to our customers to create a seamless and cohesive branding strategy for them. The wide range of service offerings provided by us catering to prevalent consumer trend and ever-changing market demand is expected to support the continued growth of SBS Nexus Group.”
INFORMATION ON SBS NEXUS BERHAD
The Company is an investment holding company, while its subsidiaries, namely SBS Digital Holdings Sdn Bhd, SBS Digital Media Sdn Bhd, SBS Events Sdn Bhd, SBS Media Tech Sdn Bhd, SBS Social Sdn Bhd and Shanghai Media Sdn Bhd are principally involved in the provision of offline branding solutions and digital branding solutions. We are a branding and marketing solution specialist. Our solutions are aimed at amplifying our customers’ business visibility and is driven by our multi-channel marketing ecosystem.
We are providing offline branding solutions comprising out-of-home media services, public relations and event management, as well as offline publications; and digital branding solutions comprising online marketing services, digital broadcasts, video production, digital-out-of-home media and online media, as well as mobile and web-based applications, and website development.
As part of our marketing strategy, we organise and host business awards and recognition events, as well as networking events, as part of our business leads generation initiatives, from which we also derive revenue. These events enable us to generate business leads from potential customers (i.e. entrepreneurs, micro-SMEs, SMEs and corporations) and it also serves as a service that benefits our customers by providing them a platform to drive branding and publicity.
With the wide range of services offered, we positioned ourselves as a one-stop solution provider of branding and marketing solutions for customers in various stages of business lifecycle. As early-stage businesses grow into SMEs and subsequently established businesses, our wide range of services can cater to the branding and marketing needs of businesses in their respective stage of business lifecycle. Additionally, we are able to propose and cross-sell different branding and marketing solutions to customers to create a seamless and cohesive branding strategy for our customers.