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At the IPO price, Adnex is valued at RM100 million.
ADNEX, based in Shah Alam, Selangor, has an unbilled order book of RM66 million. About half of the orders from the past two years came from recurring customers, of which 90% are US and European multinational companies.
What’s driving the growth? The primary factor is their digital branding solutions, which contribute 62.3% of the revenue, making it the key driver. Offline branding solutions are also significant, accounting for 34.5%. Additionally, business lead generation plays an essential role in their overall strategy. In Q4, revenue increased by 26.9% compared to Q3 2025, with growth observed across all business segments!
SBS Nexus finish the year strong, gearing up for debut on Bursa Malaysia ACE Market. For FYE 2025, revenue hit RM 48.69 million, gross profit at RM 16.95 million, and PAT came in at RM 9.58 million. Q4 alone saw RM 15.06 million revenue, with RM 4.79 million gross profit and RM 2.46 million PAT. PAT margin also up from 16.3% to 19.7% for the year
Yeah, looks like they're sticking to the government projects for their bread and butter, aiming for steady growth + public sector contracts can be quite stable if they secure them consistently
NCT Smart Industrial Park has received the MIDA five-star rating and Singapore’s GreenRE Silver certification. It focuses on the development of four major industries: semiconductor, electronics and electrical, Industry 4.0 smart manufacturing, and smart logistics. It also has a talent training center, collaborating with multiple universities and TVET institutions, offering over a thousand training courses to support the technical talent needs of enterprises.
Launch momentum for Skyworld is expected to accelerate in 2H26, with strong demand for newly launched projects like SkyAwani PRIMA in Brickfields that launched in October, while SkyAwani 6 in Setapak opened for signing this month and is about 70% booked