KUALA LUMPUR, 12 JANUARY 2026 – MN Holdings Berhad (“MN Holdings” or the “Group”), a leading infrastructure utilities construction and engineering solutions specialist in Malaysia, has proposed a transfer of its listing from the ACE Market to the Main Market of Bursa Malaysia Securities Berhad (“Bursa Securities”), alongside proposed amendments to its Constitution to facilitate the implementation of the transfer.
Dato’ Clement Toh, Managing Director of MN Holdings
The proposed transfer reflects MN Holdings’ strong financial track record, growing scale of operations, and consistent profitability. For the financial year ended 30 June (“FYE”) 2025, the Group recorded an audited consolidated profit after tax attributable to shareholders of approximately RM47.75 million, while achieving, in aggregate, an audited profit after tax of approximately RM74.16 million over the past three financial years, from FYE2023 to FYE2025. This performance underscores the Group’s steady growth trajectory and reflects the progress made in strengthening its operational capabilities and project execution capacity over the period.
The proposed transfer, if approved by the relevant authorities, represents a significant milestone following the Group’s listing on the ACE Market in April 2022. It is expected to enhance MN Holdings’ corporate profile, strengthen investor confidence, and improve access to a broader base of institutional investors.
Dato’ Clement Toh, the Managing Director of MN Holdings said, “The proposed transfer to the Main Market reflects the progress MN Holdings has made over the past few years, underpinned by consistent earnings growth, a strong balance sheet, and an expanding project portfolio. This milestone represents a natural progression that aligns with the Group’s current scale and level of maturity.”
He added, “We believe the Main Market platform will further enhance our visibility and credibility among clients, business partners, and investors, while supporting our long-term growth objectives as we continue to participate in the infrastructure and energy development of Malaysia.”
Barring any unforeseen circumstances and subject to all requisite approvals being obtained, the proposals are expected to be completed by the second quarter of 2026.
