Malaysian Chip Firm SQAI Said to Plan US$73 Million IPO in Early 2027

Malaysian chip firm SQAI said to plan US$73 million IPO in early 2027

The Penang-based firm may seek a valuation of up to RM 1.5 billion, sources say Read more at The Business Times.

Chipmaker SQAI said to plan RM300mil IPO in early 2027

The draft prospectus shows the Penang-based firm aims to use the proceeds for facility expansion, research and development and other areas.

Malaysian Chip Firm SQAI Said to Plan $73 Million IPO in Early 2027

Malaysian semiconductor firm SQ Advanced Interconnect Bhd. is considering raising about 300 million ringgit ($73 million) in an initial public offering in the first quarter of 2027, people familiar with the matter said.