UMS Integration raises $110M in landmark SGX-Bursa dual-listing placement

What's the deal? UMS IntegrationDealroom has a profile for this one. Try Dealroom → has raised US$107.6M (roughly $110 million) through a private placement, with CGS International Securities MalaysiaDealroom has a profile for this one. Try Dealroom → and AmInvestment Bank BerhadDealroom has a profile for this one. Try Dealroom → acting as placement agents. Law firm Christopher & Lee OngDealroom has a profile for this one. Try Dealroom →, a member of Rajah & Tann AsiaDealroom has a profile for this one. Try Dealroom →, advised the agents on the deal.

Why now? The placement was announced in October 2026 and coincides with UMS becoming the first Singapore Exchange (SGX)Dealroom has a profile for this one. Try Dealroom →-listed company to secure a secondary listing on Bursa MalaysiaDealroom has a profile for this one. Try Dealroom →.

What's the endgame? The raise is tied to UMS's cross-border listing, extending the company's reach into Malaysia's capital markets while retaining its primary SGX presence.

The signal: Christopher & Lee Ong called the transaction "an important development in Malaysia's equity capital markets," pointing to "the growing opportunities for cross-border capital raising." As the first SGX-to-Bursa secondary listing, the deal sets a precedent other dual-market issuers may follow.

Read more: legaleraonline.com

Image credit: UMS Integration