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Verdant Solar plans to deploy its RM27.14M IPO funds to set up new branch offices across Peninsular Malaysia, upgrade digital infrastructure, and explore strategic M&A opportunities
The NEEAP 2.0 RM26.9 billion domestic opportunity could benefit consumer companies including Fiamma Holdings Bhd (KL:FIAMMA), Khind Holdings Bhd (KL:KHIND), Senheng New Retail Bhd (KL:SENHENG), Pensonic Holdings Bhd (KL:PENSONI), Panasonic Manufacturing Malaysia Bhd (KL:PANAMY) and Cuckoo International (MAL) Bhd (KL:CKI) as households increasingly replace older appliances with more energy-efficient models