Malaysian Semiconductor Supplier SQAI Plans $73 Million IPO in Early 2027

Malaysian chip component maker SQ Advanced Interconnect Berhad (SQAI) is preparing to raise approximately $73 million (RM 300 million) through a public listing on Bursa Malaysia's main market in the first quarter of 2027. The offering would value the company at up to $355 million (RM 1.5 billion) and mark a significant milestone for a manufacturer that has quietly built a substantial presence in the semiconductor substrate and flexible circuit manufacturing sector.