KUALA LUMPUR, Oct 17, 2023 – (ACN Newswire) – AGAPE ATP Corporation (“Agape” or the “Company”), a leading player in Malaysia’s sustainable health and wellness sector, announced its successful transition from the Over the Counter (OTC) to Nasdaq stock exchange (Stock Code: ATPC) today at a press conference. This significant step reflects Agape’s strategic progression and ambition on the global stage, positioning them alongside a select group of Malaysian companies to make this transition.

Agape, headquartered in Malaysia, is primarily engaged in the sustainable health and wellness industry. The company is renowned for offering a wide range of premium health and wellness products, coupled with advisory services centred around the “ATP Zeta Health Program”. This program aims to address challenges related to the effects of pollution, dietary choices, and lifestyle habits, promoting overall health and a sustained life for its clientele. With a mission that revolves around health means wealth, Agape continues to take giant steps in the sector.

Founder and Chief Executive Officer Dato Sri Dr. How Kok Choong J.P. comments on this pivotal shift, “The journey to Nasdaq is not just a corporate milestone for Agape ATP; it is a reflection of our relentless dedication to sustainable health, wellness, and the betterment of society at large. Listing on Nasdaq gives us the credibility to expand internationally. It also provides the opportunity to support local Small-Medium Enterprises (SMEs) with untapped potential.”

Dato Dr. How explained that the decision to list on Nasdaq was a strategic move to expose Agape to the international markets, starting with the U.S. and propelling the Company towards Europe and beyond. This leap aligns seamlessly with the Agape’s core mission and aspirations.

He added, “The successful listing on Nasdaq underscores the unwavering trust placed in us by our investors and shareholders. As we tread this new path, we remain firmly rooted in our mission while preparing to secure the immense opportunities that awaits us in the global arena.”

Moving forward, Agape will be setting up an incubator designed to nurture entrepreneurs in the sustainable health and wellness industry. It aims to stimulate the untapped talent within the SMEs thriving in Southeast Asia. Agape will play a vital role as a mentor, providing extensive support for startups, including access to co-working space, essential skills and knowledge, access to international networks, and sustainable finance.

Agape also inked a Memorandum of Understanding today with My Life Center, a distinguished Malaysian wellness center with over four decades of experience in the practice of Green Medicine.

My Life Center specializes in natural prevention and healing, particularly in addressing cardiovascular disease, diabetes complications, and cancer. This strategic collaboration aligns with Agape’s commitment to offering a holistic and personalized approach and addressing the growing demand for personalized preventive and regenerative medicine.

AGAPE ATP Corporation: [Nasdaq: ATPC], https://www.agapeatpgroup.com/

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KUALA LUMPUR, Sept 19, 2023 – (ACN Newswire) – Mercury Securities Group Berhad (“Mercury Securities” or “Company”), debuted today on the ACE Market of Bursa Malaysia Securities Berhad (“Bursa Securities”), opening at RM0.27 per share which represents a premium of 8% over the initial public offering (“IPO”) price of RM0.25 per share.

Mercury Securities is listed under the stock name of “MERSEC” with stock code of “0285”.

Mercury Securities is an investment holding company and through its wholly-owned subsidiary, Mercury Securities Sdn Bhd (a Participating Organisation of Bursa Malaysia Securities Berhad (“Bursa Securities”) and a Recognised Principal Adviser by the Securities Commission Malaysia) (collectively “Group”) is principally involved in the provision of stockbroking, corporate finance advisory services and other related businesses such as margin financing facilities services, underwriting and placement services, as well as provision of nominee and custodian services.

The Group raised a total of RM39.27 million through the IPO, from which RM26.86 million of the proceeds is allocated for margin financing facility services. RM2.88 million is allocated for the enhancement of digitalisation programme and marketing activities for the stockbroking business and operations of the Group. RM4.63 million of the proceeds will be used for working capital purposes while the remaining RM4.90 million is allocated for estimated listing expenses.

Managing Director of Mercury Securities, Mr. Chew Sing Guan said, “I would like to thank the SC and Bursa Securities for their continued stewardship of our capital market. I would also like to thank the entire Mercury Securities team and due diligence working group for their hard work to make today possible.”

Upon its listing on the ACE Market, Mercury Securities will have a market capitalisation of RM223.25 million based on the issue price of RM0.25 per share and its enlarged issued share capital of 893.00 million shares.

Mercury Securities Group Berhad: https://www.mercurysecurities.com.my/

Copyright 2023 ACN Newswire. All rights reserved. http://www.acnnewswire.com

KUALA LUMPUR, Sep 8, 2023 – (ACN Newswire) – Mercury Securities Group Berhad is pleased to announce that the share application from the Malaysian public for its initial public offering (IPO) which was open for 5 market days and closed on 5 September 2023 has been oversubscribed by 45.45 times.

Mercury Securities is an investment holding company and through its wholly-owned subsidiary, Mercury Securities Sdn Bhd (a Participating Organisation of Bursa Malaysia Securities Berhad ("Bursa Securities") and a Recognised Principal Adviser by the Securities Commission Malaysia) (collectively "Group") is principally involved in the provision of stockbroking, corporate finance advisory services and other related businesses such as margin financing facilities services, underwriting and placement services, as well as provision of nominee and custodian services.

Mercury Securities' IPO comprising the following:

(i) public issue of 157,095,700 new ordinary shares in Mercury Securities ("Share(s)"), at an issue price of RM0.25 per Share, representing 17.59% of the enlarged issued Shares of Mercury Securities; and

(ii) offer for sale of 71,512,300 existing Shares at an offer price of RM0.25 per Share, representing 8.01% of the enlarged issued Shares of Mercury Securities.

For the public portion, 7,957 applications for 1,508,338,900 Issue Shares were received, which represents an oversubscription rate of 66.56 times.

For the Bumiputera public portion, 4,969 applications for 565,774,500 Issue Shares were received, representing an oversubscription rate of 24.34 times.

In total, 12,926 applications for 2,074,113,400 Issue Shares with a value of RM518,528,350.00 were received from the Malaysian public representing an overall oversubscription rate of 45.45 times.

Meanwhile, the total of 22,325,000 Issue Shares available for application by the Eligible Persons were fully subscribed.

Further, the Placement Agent has confirmed that 45,470,700 new Shares made available for application by way of private placement to selected investors as well as 44,650,000 new Shares made available for application by way of private placement to Bumiputera investors approved by the MITI have been fully placed out.

The notices of allotment will be posted to all successful applicants on or before 15 September 2023.

Managing Director of Mercury Securities, Mr. Chew Sing Guan said, "We are deeply grateful for the enthusiastic response we've received from investors for our IPO. This reinforces the fact that our Company's fundamentals and prospects have been positively acknowledged. We shall continue to upscale our growth and create value for our stakeholders going forward."

Public Investment Bank Berhad is the Principal Adviser, Sponsor, Sole Underwriter and Sole Placement Agent in conjunction with the IPO.

The Group is expected to list on the ACE Market of Bursa Securities on 19 September 2023.

Mercury Securities Group Berhad: https://www.mercurysecurities.com.my/

Copyright 2023 ACN Newswire. All rights reserved. http://www.acnnewswire.com

KUALA LUMPUR, Aug 28, 2023 – (ACN Newswire) – Mercury Securities Group Berhad, unveiled its prospectus today in conjunction with its initial public offering (IPO) and listing on the ACE Market of Bursa Malaysia Securities Berhad.

Mercury Securities is an investment holding company and through its wholly-owned subsidiary, Mercury Securities Sdn Bhd (a Participating Organisation of Bursa Malaysia Securities Berhad and a Recognised Principal Adviser by the Securities Commission Malaysia) (collectively "Group") is principally involved in the provision of stockbroking, corporate finance advisory services and other related businesses such as margin financing facilities services, underwriting and placement services, as well as provision of nominee and custodian services.

The IPO is projected to raise RM39.27 million via the issuance of 157.09 million shares at the issue price of RM0.25 per share. The proceeds will be allocated in the following manner:

– RM26.86 million used for margin financing facility services;
– RM2.88 million used for enhancement of digitalisation programme and marketing activities for the stockbroking business and operations of the Group;
– RM4.63 million for working capital; and
– RM4.90 million for estimated listing expenses.

Managing Director of Mercury Securities, Mr. Chew Sing Guan said, "We plan to leverage this listing to continue to innovate, digitise and expand our product and service offerings. With our diverse range of products and services that we now offer, which include stockbroking, corporate finance, proprietary trading, margin financing and research advisory, custodian and nominee services, we are embarking on a journey that is not just a corporate milestone, but a springboard for our group to reach higher and deeper into the capital market."

He added, "Mercury has been profitable every single year since it started operations in 1992, despite the ups and downs of the stock market. We will be the first stockbroking company to seek and gain an IPO listing in Bursa in the last 20 years. As we embark on this new chapter, I wish to thank our talented and dedicated team, and also our clients, new and old, as well as the ones we have yet to welcome. This capital market is ever-evolving and Mercury will endeavour to likewise, and for the better."

Deputy Chief Executive Officer, Ms. Alyn Lim Geok Lian of Public Investment Bank Berhad ("PIVB") stated, "Mercury Securities' long-standing presence has not just fortified their market position but also allowed them to create an enduring client base that acts as a springboard for future growth."

She added, "This would not have been possible if it wasn't for the strong leadership of Mr. Chew Sing Guan, the Managing Director of Mercury Securities whom has guided the Group to where it is today. We believe that the Group is in capable hands and will continue to scale greater heights and create more value for all its stakeholders."

Pursuant to the launch of Mercury Securities' prospectus, applications for the Public Issue are open from today and will close on 5 September 2023 at 5.00 p.m. Mercury Securities is scheduled to be listed on the ACE Market of Bursa Securities on 19 September 2023.

Upon its listing on the ACE Market, Mercury Securities will have a market capitalisation of RM223.25 million based on the issue price of RM0.25 per share and its enlarged issued share capital of 893.00 million shares.

PIVB is the Principal Adviser, Sponsor, Sole Underwriter and Sole Placement Agent for this IPO exercise.

Photo 1 [L-R]
1. Mr. Chew Sing Guan, Managing Director of Mercury Securities Group Berhad
2. Ms. Alynn Lim Geok Lian, Deputy Chief Executive Officer of Public Investment Bank Berhad
( https://photos.acnnewswire.com/20230828.SIMY1.jpg )

Photo 2 [L-R]
1. Ms. Himahlini A/P M. Ramalingam, Independent Non-Executive Director of Mercury Securities Group Berhad
2. Datin Chua Suat Khim, Independent Non-Executive Director of Mercury Securities Group Berhad
3. Dato' Baharon Bin Talib, Independent Non-Executive Chairman of Mercury Securities Group Berhad
4. Mr. Chew Sing Guan, Managing Director of Mercury Securities Group Berhad
5. Ms. Alynn Lim Geok Lian, Deputy Chief Executive Officer of Public Investment Bank Berhad
6. Dato' A. Rahman Bin Safar, Non-Independent Non-Executive Director of Mercury Securities Group Berhad
7. Mr. Chan Kim Hing, Independent Non-Executive Director of Mercury Securities Group Berhad
( https://photos.acnnewswire.com/20230828.SIMY2.jpg )

Mercury Securities Group Berhad: https://www.mercurysecurities.com.my/

Copyright 2023 ACN Newswire. All rights reserved. http://www.acnnewswire.com