{"id":9828,"date":"2024-10-23T10:00:47","date_gmt":"2024-10-23T09:00:47","guid":{"rendered":"https:\/\/mfcorpnew.flywheelstaging.com\/?p=9828"},"modified":"2024-11-17T05:30:16","modified_gmt":"2024-11-17T05:30:16","slug":"mega-fortris-berhad-launches-ipo-prospectus","status":"publish","type":"post","link":"https:\/\/www.megafortris.fr\/en\/mega-fortris-berhad-launches-ipo-prospectus\/","title":{"rendered":"Mega Fortris Berhad Launches IPO Prospectus"},"content":{"rendered":"\t\t
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KUALA LUMPUR, 21 OCTOBER 2024 \u2013<\/strong> Mega Fortris Berhad (\u201cMega Fortris\u201d or \u201cthe Company\u201d), Malaysia’s security seal specialist with 28 years of experience serving diverse industries across 120 countries, has unveiled its initial public offering (\u201cIPO\u201d) prospectus today. This event coincides with its proposed listing on the Main Market of Bursa Malaysia Securities Berhad (\u201cBursa Securities\u201d), scheduled for 11 November 2024.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t

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Photo Mega Fortris IPO Prospectus<\/figcaption>\n\t\t\t\t\t\t\t\t\t\t<\/figure>\n\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t
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The Company aims to raise an estimated RM99.07 million through the issuance of 147,873,000 new shares at an IPO price of RM0.67 per share. Based on the Company\u2019s enlarged share capital of 844,972,480 shares and the proposed IPO price, the market capitalisation will be approximately RM566.13 million.<\/p>

The proceeds from the IPO will facilitate the next phase of Mega Fortris’s business expansion. The Company plans to allocate 43.38% of the proceeds to part-finance the establishment of a new production facilities including automated production lines for security seals and centralised in the United Kingdom (\u201cUK Factory<\/strong>\u201d), 45.42% for a new business venture in Macao, China, where Mega Fortris will provide a total solution for supplying and handling playing cards in sealed security boxes; and the remainder of the proceeds will be utilised for listing-related expenses.<\/p>

Datuk Ng Meng Poh (Adrian), the Group Managing Director cum Group Chief Executive Officer<\/strong>, said, \u201cAs we stand on the cusp of our IPO, we reflect on the journey that has brought us here. Mega Fortris began with a clear vision to become an established manufacturer of security seals. From our humble beginnings, we have grown into a trusted name across multiple industries and countries. Our track record demonstrates the quality and acceptance of our products to provide protection to the security and integrity of goods of our customers during the transportation and storage. Over the years, we have achieved many important milestones, including expanding our presence to nearly 120 countries across the Asia Pacific, Europe, the Americas and the Middle East. This global reach is supported by 12 offices strategically located in Malaysia, the USA, the UK, Denmark, the Netherlands, France, Hungary, Dubai, Hong Kong, Singapore, Australia, and New Zealand.\u201d<\/p>

\u201cToday, we are excited to implement our business strategies, including expanding production facilities in Malaysia, establishing a new UK factory to serve customers in Europe, the Americas, the Middle East, and Africa, and venturing into a new business of supplying and handling playing cards in sealed security boxes in Malaysia and Macao. The new business venture complements our existing business of manufacturing security boxes and seals, allowing us to offer an end-to-end solution to our customers which are casino operators \u2014 from production to destruction of playing cards. We remain committed to delivering quality products while staying true to the values that have defined us since day one,\u201d Datuk Adrian concluded.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t

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Photo of Datuk Ng Meng Poh (Adrian), the Group Managing Director cum Group Chief Executive Officer<\/figcaption>\n\t\t\t\t\t\t\t\t\t\t<\/figure>\n\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t
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Mr. Kevin Davies, Managing Director\/Chief Executive Officer of RHB Investment Bank Berhad said, \u201cAt RHB Investment Bank, we believe that this IPO is more than just a financial milestone \u2013 it is a strategic move that will unlock new growth opportunities and catalyse Mega Fortris\u2019 transformation into a globally recognised brand. The security seal industry, much like the broader industrial sector, is undergoing rapid changes. The demand for robust security solutions has never been more critical, given the evolving complexities in global supply chains and regulatory requirements. Mega Fortris has shown remarkable foresight by continually innovating and adapting its offerings to meet these challenges head-on. This agility positions the Company well to capitalise on the growing demand for security solutions across industries such as logistics, pharmaceuticals, and high-value goods.\u201d<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t

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Photo of Mr. Kevin Davies, Managing Director\/Chief Executive Officer of RHB Investment\u00a0Bank\u00a0Berhad<\/figcaption>\n\t\t\t\t\t\t\t\t\t\t<\/figure>\n\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t
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Mega Fortris is principally involved in investment holding, design and manufacturing of security seals, and trading of related products and services. Their extensive product range includes plastic seals, container seals, cable seals, and security bags, complemented by load securement products and various security-related items such as tapes, labels, and tracking software for playing card security boxes. The Company primarily employs a direct distribution channel, targeting end-users in sectors such as transportation and logistics, retail, petrochemicals and manufacturing, food and beverage (F&B) and agriculture, and leisure, hospitality and gaming.<\/p>

In conjunction with the launch, the application period of Mega Fortris\u2019 IPO will commence today and closes on 28 October 2024 at 5:00 pm.\u00a0<\/p>

RHB Investment Bank Berhad is the IPO\u2019s Sole Principal Adviser, Joint Underwriter and Joint Placement Agent; whilst AmInvestment Bank Berhad serves as the Joint Underwriter and Joint Placement Agent for the IPO.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t

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ABOUT MEGA FORTRIS BERHAD (\u201cMEGA FORTRIS\u201d)<\/strong><\/p>

Mega Fortris is principally involved in investment holding, design and manufacturing of security seals, and trading of related products and services. Mega Fortris manufactures a range of security seals comprising plastic seals (including security boxes), container seals, cable seals and security bags. Further, the Company trades load securement products (such as dunnage bags, polyester cord strapping and lashing systems) and other related products (such as security tapes and labels, security boxes and bags, TITO tickets and UV casino scanner) and services (distribution and maintenance of a playing card security box tracking software system).<\/p>

For more information, please contact:<\/strong><\/p>

Esente Advisory Sdn. Bhd. <\/strong>
Emily Kou<\/strong>
Assistant Manager, Public Relations<\/strong>
Tel: +603 64199501 \/+ 6 014 7353066
Email: emilykou@esente.com.my<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t

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KUALA LUMPUR, 21 OCTOBER 2024 \u2013 Mega Fortris Berhad (\u201cMega Fortris\u201d or \u201cthe Company\u201d), Malaysia’s security seal specialist with 28 years of experience serving diverse industries across 120 countries, has unveiled its initial public offering (\u201cIPO\u201d) prospectus today. This event coincides with its proposed listing on the Main Market of Bursa Malaysia Securities Berhad (\u201cBursa Securities\u201d), scheduled for 11 November 2024. Photo Mega Fortris IPO Prospectus The Company aims to raise an estimated RM99.07 million through the issuance of 147,873,000 new shares at an IPO price of RM0.67 per share. Based on the Company\u2019s enlarged share capital of 844,972,480 shares and the proposed IPO price, the market capitalisation will be approximately RM566.13 million. The proceeds from the IPO will facilitate the next phase of Mega Fortris’s business expansion. The Company plans to allocate 43.38% of the proceeds to part-finance the establishment of a new production facilities including automated production lines for security seals and centralised in the United Kingdom (\u201cUK Factory\u201d), 45.42% for a new business venture in Macao, China, where Mega Fortris will provide a total solution for supplying and handling playing cards in sealed security boxes; and the remainder of the proceeds will be utilised for listing-related expenses. Datuk Ng Meng Poh (Adrian), the Group Managing Director cum Group Chief Executive Officer, said, \u201cAs we stand on the cusp of our IPO, we reflect on the journey that has brought us here. Mega Fortris began with a clear vision to become an established manufacturer of security seals. From our humble beginnings, we have grown into a trusted name across multiple industries and countries. Our track record demonstrates the quality and acceptance of our products to provide protection to the security and integrity of goods of our customers during the transportation and storage. Over the years, we have achieved many important milestones, including expanding our presence to nearly 120 countries across the Asia Pacific, Europe, the Americas and the Middle East. This global reach is supported by 12 offices strategically located in Malaysia, the USA, the UK, Denmark, the Netherlands, France, Hungary, Dubai, Hong Kong, Singapore, Australia, and New Zealand.\u201d \u201cToday, we are excited to implement our business strategies, including expanding production facilities in Malaysia, establishing a new UK factory to serve customers in Europe, the Americas, the Middle East, and Africa, and venturing into a new business of supplying and handling playing cards in sealed security boxes in Malaysia and Macao. The new business venture complements our existing business of manufacturing security boxes and seals, allowing us to offer an end-to-end solution to our customers which are casino operators \u2014 from production to destruction of playing cards. We remain committed to delivering quality products while staying true to the values that have defined us since day one,\u201d Datuk Adrian concluded. Photo of Datuk Ng Meng Poh (Adrian), the Group Managing Director cum Group Chief Executive Officer Mr. Kevin Davies, Managing Director\/Chief Executive Officer of RHB Investment Bank Berhad said, \u201cAt RHB Investment Bank, we believe that this IPO is more than just a financial milestone \u2013 it is a strategic move that will unlock new growth opportunities and catalyse Mega Fortris\u2019 transformation into a globally recognised brand. The security seal industry, much like the broader industrial sector, is undergoing rapid changes. The demand for robust security solutions has never been more critical, given the evolving complexities in global supply chains and regulatory requirements. Mega Fortris has shown remarkable foresight by continually innovating and adapting its offerings to meet these challenges head-on. This agility positions the Company well to capitalise on the growing demand for security solutions across industries such as logistics, pharmaceuticals, and high-value goods.\u201d Photo of Mr. Kevin Davies, Managing Director\/Chief Executive Officer of RHB Investment\u00a0Bank\u00a0Berhad Mega Fortris is principally involved in investment holding, design and manufacturing of security seals, and trading of related products and services. Their extensive product range includes plastic seals, container seals, cable seals, and security bags, complemented by load securement products and various security-related items such as tapes, labels, and tracking software for playing card security boxes. The Company primarily employs a direct distribution channel, targeting end-users in sectors such as transportation and logistics, retail, petrochemicals and manufacturing, food and beverage (F&B) and agriculture, and leisure, hospitality and gaming. In conjunction with the launch, the application period of Mega Fortris\u2019 IPO will commence today and closes on 28 October 2024 at 5:00 pm.\u00a0 RHB Investment Bank Berhad is the IPO\u2019s Sole Principal Adviser, Joint Underwriter and Joint Placement Agent; whilst AmInvestment Bank Berhad serves as the Joint Underwriter and Joint Placement Agent for the IPO. ABOUT MEGA FORTRIS BERHAD (\u201cMEGA FORTRIS\u201d) Mega Fortris is principally involved in investment holding, design and manufacturing of security seals, and trading of related products and services. Mega Fortris manufactures a range of security seals comprising plastic seals (including security boxes), container seals, cable seals and security bags. Further, the Company trades load securement products (such as dunnage bags, polyester cord strapping and lashing systems) and other related products (such as security tapes and labels, security boxes and bags, TITO tickets and UV casino scanner) and services (distribution and maintenance of a playing card security box tracking software system). For more information, please contact: Esente Advisory Sdn. Bhd. Emily KouAssistant Manager, Public RelationsTel: +603 64199501 \/+ 6 014 7353066Email: emilykou@esente.com.my Gallery<\/p>\n","protected":false},"author":999,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":""},"categories":[1],"tags":[444],"class_list":["post-9828","post","type-post","status-publish","format-standard","hentry","category-uncategorised","tag-ipo"],"acf":[],"yoast_head":"\nMega Fortris Berhad Launches IPO Prospectus - Mega Fortris France<\/title>\n<meta name=\"robots\" content=\"noindex, follow\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Mega Fortris Berhad Launches IPO Prospectus - Mega Fortris France\" \/>\n<meta property=\"og:description\" content=\"KUALA LUMPUR, 21 OCTOBER 2024 \u2013 Mega Fortris Berhad (\u201cMega Fortris\u201d or \u201cthe Company\u201d), Malaysia’s security seal specialist with 28 years of experience serving diverse industries across 120 countries, has unveiled its initial public offering (\u201cIPO\u201d) prospectus today. This event coincides with its proposed listing on the Main Market of Bursa Malaysia Securities Berhad (\u201cBursa Securities\u201d), scheduled for 11 November 2024. Photo Mega Fortris IPO Prospectus The Company aims to raise an estimated RM99.07 million through the issuance of 147,873,000 new shares at an IPO price of RM0.67 per share. Based on the Company\u2019s enlarged share capital of 844,972,480 shares and the proposed IPO price, the market capitalisation will be approximately RM566.13 million. The proceeds from the IPO will facilitate the next phase of Mega Fortris’s business expansion. The Company plans to allocate 43.38% of the proceeds to part-finance the establishment of a new production facilities including automated production lines for security seals and centralised in the United Kingdom (\u201cUK Factory\u201d), 45.42% for a new business venture in Macao, China, where Mega Fortris will provide a total solution for supplying and handling playing cards in sealed security boxes; and the remainder of the proceeds will be utilised for listing-related expenses. Datuk Ng Meng Poh (Adrian), the Group Managing Director cum Group Chief Executive Officer, said, \u201cAs we stand on the cusp of our IPO, we reflect on the journey that has brought us here. Mega Fortris began with a clear vision to become an established manufacturer of security seals. From our humble beginnings, we have grown into a trusted name across multiple industries and countries. Our track record demonstrates the quality and acceptance of our products to provide protection to the security and integrity of goods of our customers during the transportation and storage. Over the years, we have achieved many important milestones, including expanding our presence to nearly 120 countries across the Asia Pacific, Europe, the Americas and the Middle East. This global reach is supported by 12 offices strategically located in Malaysia, the USA, the UK, Denmark, the Netherlands, France, Hungary, Dubai, Hong Kong, Singapore, Australia, and New Zealand.\u201d \u201cToday, we are excited to implement our business strategies, including expanding production facilities in Malaysia, establishing a new UK factory to serve customers in Europe, the Americas, the Middle East, and Africa, and venturing into a new business of supplying and handling playing cards in sealed security boxes in Malaysia and Macao. The new business venture complements our existing business of manufacturing security boxes and seals, allowing us to offer an end-to-end solution to our customers which are casino operators \u2014 from production to destruction of playing cards. We remain committed to delivering quality products while staying true to the values that have defined us since day one,\u201d Datuk Adrian concluded. Photo of Datuk Ng Meng Poh (Adrian), the Group Managing Director cum Group Chief Executive Officer Mr. Kevin Davies, Managing Director\/Chief Executive Officer of RHB Investment Bank Berhad said, \u201cAt RHB Investment Bank, we believe that this IPO is more than just a financial milestone \u2013 it is a strategic move that will unlock new growth opportunities and catalyse Mega Fortris\u2019 transformation into a globally recognised brand. The security seal industry, much like the broader industrial sector, is undergoing rapid changes. The demand for robust security solutions has never been more critical, given the evolving complexities in global supply chains and regulatory requirements. Mega Fortris has shown remarkable foresight by continually innovating and adapting its offerings to meet these challenges head-on. This agility positions the Company well to capitalise on the growing demand for security solutions across industries such as logistics, pharmaceuticals, and high-value goods.\u201d Photo of Mr. Kevin Davies, Managing Director\/Chief Executive Officer of RHB Investment\u00a0Bank\u00a0Berhad Mega Fortris is principally involved in investment holding, design and manufacturing of security seals, and trading of related products and services. Their extensive product range includes plastic seals, container seals, cable seals, and security bags, complemented by load securement products and various security-related items such as tapes, labels, and tracking software for playing card security boxes. The Company primarily employs a direct distribution channel, targeting end-users in sectors such as transportation and logistics, retail, petrochemicals and manufacturing, food and beverage (F&B) and agriculture, and leisure, hospitality and gaming. In conjunction with the launch, the application period of Mega Fortris\u2019 IPO will commence today and closes on 28 October 2024 at 5:00 pm.\u00a0 RHB Investment Bank Berhad is the IPO\u2019s Sole Principal Adviser, Joint Underwriter and Joint Placement Agent; whilst AmInvestment Bank Berhad serves as the Joint Underwriter and Joint Placement Agent for the IPO. ABOUT MEGA FORTRIS BERHAD (\u201cMEGA FORTRIS\u201d) Mega Fortris is principally involved in investment holding, design and manufacturing of security seals, and trading of related products and services. Mega Fortris manufactures a range of security seals comprising plastic seals (including security boxes), container seals, cable seals and security bags. Further, the Company trades load securement products (such as dunnage bags, polyester cord strapping and lashing systems) and other related products (such as security tapes and labels, security boxes and bags, TITO tickets and UV casino scanner) and services (distribution and maintenance of a playing card security box tracking software system). For more information, please contact: Esente Advisory Sdn. Bhd. Emily KouAssistant Manager, Public RelationsTel: +603 64199501 \/+ 6 014 7353066Email: emilykou@esente.com.my Gallery\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.megafortris.fr\/en\/mega-fortris-berhad-launches-ipo-prospectus\/\" \/>\n<meta property=\"og:site_name\" content=\"Mega Fortris France\" \/>\n<meta property=\"article:published_time\" content=\"2024-10-23T09:00:47+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-11-17T05:30:16+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.megafortris.fr\/wp-content\/uploads\/2024\/11\/2024-IPO-Prospectus-and-Analyst-Briefing-10.jpg\" \/>\n<meta name=\"author\" content=\"Julien\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Julien\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"4 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.megafortris.fr\\\/en\\\/mega-fortris-berhad-launches-ipo-prospectus\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.megafortris.fr\\\/en\\\/mega-fortris-berhad-launches-ipo-prospectus\\\/\"},\"author\":{\"name\":\"Julien\",\"@id\":\"https:\\\/\\\/www.megafortris.fr\\\/en\\\/#\\\/schema\\\/person\\\/84e24e85a7863a015993fc9a439851a4\"},\"headline\":\"Mega Fortris Berhad Launches IPO Prospectus\",\"datePublished\":\"2024-10-23T09:00:47+00:00\",\"dateModified\":\"2024-11-17T05:30:16+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.megafortris.fr\\\/en\\\/mega-fortris-berhad-launches-ipo-prospectus\\\/\"},\"wordCount\":882,\"publisher\":{\"@id\":\"https:\\\/\\\/www.megafortris.fr\\\/en\\\/#organization\"},\"image\":{\"@id\":\"https:\\\/\\\/www.megafortris.fr\\\/en\\\/mega-fortris-berhad-launches-ipo-prospectus\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.megafortris.fr\\\/wp-content\\\/uploads\\\/2024\\\/11\\\/2024-IPO-Prospectus-and-Analyst-Briefing-10.jpg\",\"keywords\":[\"IPO\"],\"articleSection\":[\"Uncategorised\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.megafortris.fr\\\/en\\\/mega-fortris-berhad-launches-ipo-prospectus\\\/\",\"url\":\"https:\\\/\\\/www.megafortris.fr\\\/en\\\/mega-fortris-berhad-launches-ipo-prospectus\\\/\",\"name\":\"Mega Fortris Berhad Launches IPO Prospectus - 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Mega Fortris France","robots":{"index":"noindex","follow":"follow"},"og_locale":"en_US","og_type":"article","og_title":"Mega Fortris Berhad Launches IPO Prospectus - Mega Fortris France","og_description":"KUALA LUMPUR, 21 OCTOBER 2024 \u2013 Mega Fortris Berhad (\u201cMega Fortris\u201d or \u201cthe Company\u201d), Malaysia’s security seal specialist with 28 years of experience serving diverse industries across 120 countries, has unveiled its initial public offering (\u201cIPO\u201d) prospectus today. This event coincides with its proposed listing on the Main Market of Bursa Malaysia Securities Berhad (\u201cBursa Securities\u201d), scheduled for 11 November 2024. Photo Mega Fortris IPO Prospectus The Company aims to raise an estimated RM99.07 million through the issuance of 147,873,000 new shares at an IPO price of RM0.67 per share. Based on the Company\u2019s enlarged share capital of 844,972,480 shares and the proposed IPO price, the market capitalisation will be approximately RM566.13 million. The proceeds from the IPO will facilitate the next phase of Mega Fortris’s business expansion. The Company plans to allocate 43.38% of the proceeds to part-finance the establishment of a new production facilities including automated production lines for security seals and centralised in the United Kingdom (\u201cUK Factory\u201d), 45.42% for a new business venture in Macao, China, where Mega Fortris will provide a total solution for supplying and handling playing cards in sealed security boxes; and the remainder of the proceeds will be utilised for listing-related expenses. Datuk Ng Meng Poh (Adrian), the Group Managing Director cum Group Chief Executive Officer, said, \u201cAs we stand on the cusp of our IPO, we reflect on the journey that has brought us here. Mega Fortris began with a clear vision to become an established manufacturer of security seals. From our humble beginnings, we have grown into a trusted name across multiple industries and countries. Our track record demonstrates the quality and acceptance of our products to provide protection to the security and integrity of goods of our customers during the transportation and storage. Over the years, we have achieved many important milestones, including expanding our presence to nearly 120 countries across the Asia Pacific, Europe, the Americas and the Middle East. This global reach is supported by 12 offices strategically located in Malaysia, the USA, the UK, Denmark, the Netherlands, France, Hungary, Dubai, Hong Kong, Singapore, Australia, and New Zealand.\u201d \u201cToday, we are excited to implement our business strategies, including expanding production facilities in Malaysia, establishing a new UK factory to serve customers in Europe, the Americas, the Middle East, and Africa, and venturing into a new business of supplying and handling playing cards in sealed security boxes in Malaysia and Macao. The new business venture complements our existing business of manufacturing security boxes and seals, allowing us to offer an end-to-end solution to our customers which are casino operators \u2014 from production to destruction of playing cards. We remain committed to delivering quality products while staying true to the values that have defined us since day one,\u201d Datuk Adrian concluded. Photo of Datuk Ng Meng Poh (Adrian), the Group Managing Director cum Group Chief Executive Officer Mr. Kevin Davies, Managing Director\/Chief Executive Officer of RHB Investment Bank Berhad said, \u201cAt RHB Investment Bank, we believe that this IPO is more than just a financial milestone \u2013 it is a strategic move that will unlock new growth opportunities and catalyse Mega Fortris\u2019 transformation into a globally recognised brand. The security seal industry, much like the broader industrial sector, is undergoing rapid changes. The demand for robust security solutions has never been more critical, given the evolving complexities in global supply chains and regulatory requirements. Mega Fortris has shown remarkable foresight by continually innovating and adapting its offerings to meet these challenges head-on. This agility positions the Company well to capitalise on the growing demand for security solutions across industries such as logistics, pharmaceuticals, and high-value goods.\u201d Photo of Mr. Kevin Davies, Managing Director\/Chief Executive Officer of RHB Investment\u00a0Bank\u00a0Berhad Mega Fortris is principally involved in investment holding, design and manufacturing of security seals, and trading of related products and services. Their extensive product range includes plastic seals, container seals, cable seals, and security bags, complemented by load securement products and various security-related items such as tapes, labels, and tracking software for playing card security boxes. The Company primarily employs a direct distribution channel, targeting end-users in sectors such as transportation and logistics, retail, petrochemicals and manufacturing, food and beverage (F&B) and agriculture, and leisure, hospitality and gaming. In conjunction with the launch, the application period of Mega Fortris\u2019 IPO will commence today and closes on 28 October 2024 at 5:00 pm.\u00a0 RHB Investment Bank Berhad is the IPO\u2019s Sole Principal Adviser, Joint Underwriter and Joint Placement Agent; whilst AmInvestment Bank Berhad serves as the Joint Underwriter and Joint Placement Agent for the IPO. ABOUT MEGA FORTRIS BERHAD (\u201cMEGA FORTRIS\u201d) Mega Fortris is principally involved in investment holding, design and manufacturing of security seals, and trading of related products and services. Mega Fortris manufactures a range of security seals comprising plastic seals (including security boxes), container seals, cable seals and security bags. Further, the Company trades load securement products (such as dunnage bags, polyester cord strapping and lashing systems) and other related products (such as security tapes and labels, security boxes and bags, TITO tickets and UV casino scanner) and services (distribution and maintenance of a playing card security box tracking software system). For more information, please contact: Esente Advisory Sdn. Bhd. Emily KouAssistant Manager, Public RelationsTel: +603 64199501 \/+ 6 014 7353066Email: emilykou@esente.com.my Gallery","og_url":"https:\/\/www.megafortris.fr\/en\/mega-fortris-berhad-launches-ipo-prospectus\/","og_site_name":"Mega Fortris France","article_published_time":"2024-10-23T09:00:47+00:00","article_modified_time":"2024-11-17T05:30:16+00:00","og_image":[{"url":"https:\/\/www.megafortris.fr\/wp-content\/uploads\/2024\/11\/2024-IPO-Prospectus-and-Analyst-Briefing-10.jpg","type":"","width":"","height":""}],"author":"Julien","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Julien","Est. reading time":"4 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.megafortris.fr\/en\/mega-fortris-berhad-launches-ipo-prospectus\/#article","isPartOf":{"@id":"https:\/\/www.megafortris.fr\/en\/mega-fortris-berhad-launches-ipo-prospectus\/"},"author":{"name":"Julien","@id":"https:\/\/www.megafortris.fr\/en\/#\/schema\/person\/84e24e85a7863a015993fc9a439851a4"},"headline":"Mega Fortris Berhad Launches IPO Prospectus","datePublished":"2024-10-23T09:00:47+00:00","dateModified":"2024-11-17T05:30:16+00:00","mainEntityOfPage":{"@id":"https:\/\/www.megafortris.fr\/en\/mega-fortris-berhad-launches-ipo-prospectus\/"},"wordCount":882,"publisher":{"@id":"https:\/\/www.megafortris.fr\/en\/#organization"},"image":{"@id":"https:\/\/www.megafortris.fr\/en\/mega-fortris-berhad-launches-ipo-prospectus\/#primaryimage"},"thumbnailUrl":"https:\/\/www.megafortris.fr\/wp-content\/uploads\/2024\/11\/2024-IPO-Prospectus-and-Analyst-Briefing-10.jpg","keywords":["IPO"],"articleSection":["Uncategorised"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.megafortris.fr\/en\/mega-fortris-berhad-launches-ipo-prospectus\/","url":"https:\/\/www.megafortris.fr\/en\/mega-fortris-berhad-launches-ipo-prospectus\/","name":"Mega Fortris Berhad Launches IPO Prospectus - 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