Stratus Global Holdings Bhd has set the price for its initial public offering at 80 sen per share, establishing a pre-listing valuation of RM1 billion.
The company is scheduled to begin trading on the Main Market of Bursa Malaysia on July 21.
The pricing decision caps the fundraising effort for the firm, which will now look to institutional and retail investors to support its debut.
The fixed price point provides clarity on the company's market positioning as it transitions from private to public ownership.
The listing comes as regional markets see a steady flow of new equity issues.
While the broader IPO environment varies by sector, Stratus Global’s entry adds to the depth of listings on the Malaysian exchange.