ASM will raise approximately RM21.82 million from the IPO, which will be used for the following purposes:

- RM11.40 million for the acquisition of land and construction of a new factory to increase production and assembly capacity.
- RM2.30 million for purchase of machines and purchase of equipment and components for the assembly of demonstration machineries to support operational growth and customer engagement.
- RM2.00 million for Design & Development (“D&D”) activities to enhance research and development capabilities.
- RM1.92 million for working capital to support day-to-day operations.
- RM4.20 million for listing expenses.