IPO Advisory in Malaysia
At Great CFO, we guide businesses through the entire IPO process, from initial planning to successful listing on Bursa Malaysia or the Nasdaq in the U.S. Whether you’re a high-growth SME or a mature enterprise, our strategic IPO services help you unlock capital, boost market visibility, and achieve long-term scalability.
Why Partner with Us
We make business setup and compliance easy, fast, and reliable — giving your company a solid foundation with expert support every step of the way.
Our Service for IPO Advisory
01
IPO Readiness Review
- Assess financials, structure, governance, risk, and tax compliance.
02
Due Diligence Coordination
- Support legal, audit, and tax due diligence with experienced professionals.
03
Stakeholder Alignment
- Coordinate with underwriters, lawyers, accountants, tax agents, and company secretary.
04
Regulatory Submissions
- Prepare documentation and liaise with Bursa Malaysia or SEC/Nasdaq for application and approval.
05
Valuation & Allocation Planning
- Advise on share pricing model, institutional vs retail allocations, and investment story positioning.
06
Investor Engagement & Roadshows
- Organize physical and virtual roadshows to market to institutional and retail investors.
07
Post-Listing Compliance
- Assist with quarterly announcements, ESG disclosures, internal controls, and investor relations setup.
Strengthen Your Business with Proven Expertise
Case Studies: IPO in Action
Saliran Group Berhad – Bursa Malaysia (ACE Market)
Saliran’s successful ACE Market debut reflects how Malaysian engineering & energy service companies can unlock growth capital through a well-timed Bursa IPO.
- Industry: Oil & Gas piping solutions provider
- IPO Price: RM0.27 per share
- Public Issue: 80.4 million new shares; 38.29 million shares via private placement
- Capital Raised: RM21.7 million gross proceeds
- Listing Date: March 13, 2025
- Use of Proceeds: Expansion (Indonesia office), working capital, equipment purchases
- Performance: Debuted at RM0.275 (+1.85% from IPO price)
Empro Group Inc. – Nasdaq Capital Market
Empro became the first Malaysian beauty company to list on Nasdaq, leveraging U.S. investor confidence and the prestige of Nasdaq to expand globally.
- Industry: Oil & Gas piping solutions provider
- IPO Price: RM0.27 per share
- Public Issue: 80.4 million new shares; 38.29 million shares via private placement
- Capital Raised: RM21.7 million gross proceeds
- Listing Date: March 13, 2025
- Use of Proceeds: Expansion (Indonesia office), working capital, equipment purchases
- Performance: Debuted at RM0.275 (+1.85% from IPO price)
Frequently Asked Questions
Should I list on Bursa or Nasdaq?
Choose Bursa if your focus is on regional capital and you meet local listing requirements. Choose Nasdaq if you target global investors, especially for tech, consumer, or export-driven sectors.
How long does the IPO process take?
- Bursa Malaysia: Typically 6–12 months
- Nasdaq: 6–9 months (traditional IPO) or 3–6 months (via SPAC merger)
What is a SPAC and is it suitable for me?
A SPAC is a listed shell company that merges with your business, allowing fast-track entry to Nasdaq without a full IPO. It suits companies ready for U.S. exposure but needing speed or valuation flexibility.
What are the cost ranges for IPOs?
- Bursa IPO: RM1M–RM3M
- Nasdaq IPO: USD3M–USD5M+
These include advisory, legal, audit, listing, and compliance costs.
Can Malaysian companies list on Nasdaq?
Yes. Malaysian companies like Empro Group have successfully listed by meeting SEC and Nasdaq governance, disclosure, and audit standards.
What happens after the listing?
You will be subject to periodic reporting, corporate governance obligations, and investor engagement. We provide ongoing advisory for financial reporting, disclosures, and compliance.
Do you support dual listings (Bursa + Nasdaq)?
Yes. We provide strategic advisory for companies considering dual listings to access both regional and global capital markets.
Bursa Malaysia vs Nasdaq – Key Comparison
Aspect |
Bursa Malaysia |
Nasdaq (USA) |
|---|---|---|
| Listing Board |
Main Market, ACE Market, LEAP Market |
Capital Market, Global Market |
| Eligibility |
Profit & revenue-based (Main), growth-stage (ACE), micro-cap (LEAP) |
Equity, market cap, corporate governance standards |
| Capital Raised |
RM20M–RM100M (typically) |
USD10M – USD500M+ |
| Timeline |
6–12 months (depending on board) |
6–9 months (IPO) or 3–6 months (SPAC) |
| Investor Base |
Domestic and ASEAN investors |
Global institutional and retail investors |
| Pricing Mechanism | Fixed-price IPO or private placement | Book-building or SPAC negotiated pricing |
| Compliance Costs | RM1M–RM3M typically | USD3M–USD5M+ including SEC costs |
| Post-IPO Requirements | Bursa/SC disclosure, quarterly reports | SEC filings, Sarbanes-Oxley, investor disclosures |
Get In Touch
Switching to Us is EASY! Engaging us to service your needs is EASY! Hassel free, trouble free and simple.
If you’re good to go with us, we’ll take care of the rest and liaise directly with your current provider to take over seamlessly.