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HomeInvestmentIPO MalaysiaManforce Group
🔔 Upcoming IPOACE MarketHuman Resources / Workforce Management

Manforce Group Berhad IPO Malaysia

RM0.38/share · RM30.4M raised · Listing: 6 May 2026

IPO Price

RM0.38

Proceeds

RM30.4M

Oversubscribed

TBC

Listing Date

6 May

About Manforce Group Berhad

Manforce Group Berhad provides foreign worker recruitment, placement, and workforce management services in Malaysia. The company manages the end-to-end process for employers hiring foreign workers, including documentation, levy management, and compliance. Listing on ACE Market at RM0.38/share raising RM30.4M.

Key Highlights

  • RM0.38 IPO price · RM30.4M proceeds
  • Listing date: 6 May 2026
  • ACE Market · HR/Foreign Worker sector
  • Operationally profitable workforce management business

How to Apply for Manforce Group IPO via Moomoo

  1. 1

    Download Moomoo Malaysia app

    Available on iOS and Android. Create an account with full KYC (IC + selfie). Free to register.

  2. 2

    Open CDS Account-IPO

    Go to Accounts → CDS Account-IPO. Fill in personal and bank details. Processed in under 2 business days.

  3. 3

    Fund your Moomoo account

    Transfer ringgit into your Moomoo cash balance. Minimum 1 lot × IPO price (e.g. 100 shares × RM0.38 = RM38).

  4. 4

    Find Manforce Group under IPO section

    Tap Markets → IPO. Select the listing when it opens for subscription. View company details and subscription period.

  5. 5

    Submit your application

    Enter number of lots, confirm funding method (cash or IPO financing at 6.8% p.a.). Fees: RM0 subscription fee.

  6. 6

    Wait for balloting results

    Results shown in-app. If not allotted — no charge. If allotted — shares go to your CDS Account-IPO then Moomoo account.

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12.5% of enlarged share capital and 50% of public spread shares are reserved for Bumiputera investors. Apply through the MITI portal at sahamonline.miti.gov.my — separate pool means less competition.

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Frequently Asked Questions

What is Manforce Group Berhad's IPO price?
Manforce Group Berhad IPO price is RM0.38 per share on Bursa Malaysia ACE Market. The company raised RM30.4M from the IPO.
How to apply for Manforce Group IPO?
Apply via Moomoo Malaysia app (RM0 fee, fully digital), internet banking (Maybank2u, CIMB, RHB, Public Bank — RM1 fee), or MITI portal for Bumiputera allocation. Minimum 1 lot (100 shares). Open a CDS Account-IPO on Moomoo first.
What is Manforce Group's oversubscription rate?
Manforce Group Berhad oversubscription data is pending. Check iSaham or Moomoo app for balloting results.
Can I apply for IPOs through Moomoo Malaysia?
Yes — Moomoo Malaysia offers free IPO subscription with RM0 application fee, open to all Malaysians. Open a CDS Account-IPO in the Moomoo app, fund your account, and select available IPOs. New users get RM100 cash coupon (deposit ≥RM1,000) + RM1,700 free AAPL stock (deposit ≥RM30,000) + Cash Plus 6% p.a. for 30 days.