Stratus Global surges 163% on first day to RM2.64 billion valuation
Stratus Global Holdings Bhd's market capitalisation reached RM2.64 billion on its Bursa Malaysia debut, according to the company.
Source: Free Malaysia Today · July 21, 2026 at 6:21 PM · AI-assisted report
Single-sourceKUALA LUMPUR, 22 JULY 2026 —
Stratus Global Holdings Bhd's market capitalisation reached RM2.64 billion on its Bursa Malaysia debut, according to the company.
Market Impact
The company's share price closed at RM2.11, a 163.75% increase from its initial public offering price of 80 sen per share.
This surge in share price gave Stratus Global a market capitalisation of RM2.64 billion, as stated in the company's filing.
The company was the second most actively traded stock on Bursa Malaysia, with 137.1 million shares changing hands, Public Investment Bank (PublicInvest) noted.
Stratus Global's strong debut bucks the trend of recent listings on Bursa, which have been affected by broader market weakness, as reported by Free Malaysia Today.
The company's IPO was oversubscribed by 129 times by retail investors, indicating strong investor interest, according to the company's statement.
Stratus Global raised RM285 million through the IPO, which will be used to expand its production facilities and for research and development, the company said.
The company's CEO, Ryo Narisawa, will hold a direct stake of 3.1% and another 41.6% through a private vehicle, Jiyuan Holding Sdn Bhd, post-IPO, as stated in the company's filing.
PublicInvest said Stratus Global is well-positioned to benefit from the global semiconductor fab expansion cycle, with global manufacturers expected to invest over US$500 billion through 2030.
The bank maintained its "outperform" call with an unchanged target price of RM1.72, citing the company's established engineering capabilities and project execution expertise in automated material handling systems.
Stratus Global's debut is a positive sign for the Malaysian market, as the company's strong performance may attract more investors to the sector, according to market observers.
The company's future plans, including its expansion into overseas markets, will be closely watched by investors and analysts, as reported by PublicInvest.
As the company continues to grow and expand its operations, its financial performance will be closely monitored by stakeholders, including investors and analysts, according to the company's statement.
Related: Bursa Malaysia