ONG EU JIN PARTNERSHIP ADVISES SUMISAUJANA GROUP BERHAD ON ITS ACE MARKET LISTING
Our heartiest congratulations to Sumisaujana Group Berhad (Sumisaujana) on its successful listing on the ACE Market of Bursa Malaysia Securities Berhad on 9 April 2025.
Sumisaujana is mainly involved in the manufacturing of oil-and-gas specialty chemicals, trading of specialty and industrial chemicals, and provision of technical-related support services.
Sumisaujana raised RM74.40 million from its Initial Public Offering (IPO) and has earmarked 4.03% of the proceeds for the acquisition of a new warehouse and corporate office in Puncak Alam as well as 25.40% for the acquisition of its existing factory, also in Puncak Alam.
Ong Eu Jin Partnership is proud to have acted as the IPO solicitors for Sumisaujana.
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