{"id":2305,"date":"2026-01-20T17:44:25","date_gmt":"2026-01-20T17:44:25","guid":{"rendered":"https:\/\/malaysian-business.com\/wptest\/2026\/01\/20\/securemetric-makes-its-debut-on-the-ace-market\/"},"modified":"2026-01-23T18:20:59","modified_gmt":"2026-01-23T18:20:59","slug":"securemetric-makes-its-debut-on-the-ace-market","status":"publish","type":"post","link":"https:\/\/malaysian-business.com\/portal\/2026\/01\/20\/securemetric-makes-its-debut-on-the-ace-market\/","title":{"rendered":"Securemetric makes its Debut on the ACE Market"},"content":{"rendered":"

Securemetric Berhad, a regional player offering digital security products and solutions across South East Asia made its debut on the ACE Market of Bursa Malaysia Securities Berhad. <\/span><\/p>\n

The Company began trading under the stock name SMETRIC and stock code 0203, \u00a0Securemetric\u2019s Initial Public Offering (IPO) price was RM0.25 per share, with listing market capitalisation of RM60.9 million. <\/span><\/p>\n

The response to Securemetric\u2019s IPO was overwhelming, with the retail offering to the Malaysian public oversubscribed by 20.26 times. Securemetric Berhad raised RM17 million via the listing exercise.<\/span><\/p>\n

Of the total proceeds, RM5.70 million will be utilized for development of new digital security solutions, RM5.16 million for working capital purposes and RM1.70 million for business expansion while the remaining proceeds of RM4.44 million will be used for repayment of borrowings and defrayment of IPO expenses.<\/span><\/p>\n

\u201cDigitalisation is moving at a rampant pace across South East Asia and we are well poised to seize this momentum. <\/span><\/p>\n

\u201cCyber threats are needs to be addressed and our focus is to provide best-in-class solutions to our clients which span across government organisations, financial institutions, public certification authorities, software development companies and IT service providers. <\/span><\/p>\n

\u201cWe are pleased that our company has achieved yet another major milestone with the successful listing,\u201d said Securemetric chief executive officer, Edward Law Seeh Key.<\/span><\/p>\n

\u201cOur IPO marks the beginning of a new phase in Securemetric\u2019s corporate development and with our presence now spread across key markets in South East Asia, we believe that the listing will serve as a platform for us to further expand our operations locally and regionally.<\/span><\/p>\n

\u201cGoing forward, we will continue to enhance our Research & Development (R&D) capabilities and develop new digital security solutions to meet evolving market needs,\u201d added Edward.<\/span><\/p>\n

Securemetric and its subsidiaries offer digital security products and solutions mainly across South East Asia (SEA) countries, with local presence in Malaysia, Vietnam, Philippines, Indonesia, and Singapore. <\/span><\/p>\n

The Group\u2019s expertise lies in software licensing protection, two-factor authentication (2FA), Public Key Infrastructure (PKI) and centralised authentication management system. <\/span><\/p>\n

The group\u2019s ability to localise digital security solutions to meet requirements of clients in different countries has enabled the group to continuously grow its regional client base and secure projects across its key markets. <\/span><\/p>\n

For financial year ended 31 December 2017, more than 85 per cent of the Group\u2019s revenue was derived from overseas. <\/span><\/p>\n

\u201cIncreasing technology adoption in commerce, government services and our daily activities has led to growing awareness of the importance of digital security. <\/span><\/p>\n

\u201cThe major forces driving the cybersecurity market growth are strict data protection directives and rising cyber terrorism while industry studies have estimated that cybercrimes could cost the world a staggering USD6 trillion by 2021, doubling from USD3 trillion in 2015.<\/span><\/p>\n

\u201cSuch devastating impact should be a wake-up call for governments and organisations in the region to bolster their defences in digital security,\u201d said Edward.<\/span><\/p>\n

TA Securities Holdings Berhad is the Principal Adviser, Sponsor, Underwriter and Placement Agent for Securemetric\u2019s IPO.<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"

Securemetric Berhad, a regional player offering digital security products and solutions across South East Asia made its debut on the ACE Market of Bursa Malaysia Securities Berhad. The Company began trading under the stock name SMETRIC and stock code 0203, \u00a0Securemetric\u2019s Initial Public Offering (IPO) price was RM0.25 per share, with listing market capitalisation of […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[33],"tags":[],"class_list":["post-2305","post","type-post","status-publish","format-standard","hentry","category-markets"],"_links":{"self":[{"href":"https:\/\/malaysian-business.com\/portal\/wp-json\/wp\/v2\/posts\/2305","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/malaysian-business.com\/portal\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/malaysian-business.com\/portal\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/malaysian-business.com\/portal\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/malaysian-business.com\/portal\/wp-json\/wp\/v2\/comments?post=2305"}],"version-history":[{"count":1,"href":"https:\/\/malaysian-business.com\/portal\/wp-json\/wp\/v2\/posts\/2305\/revisions"}],"predecessor-version":[{"id":6443,"href":"https:\/\/malaysian-business.com\/portal\/wp-json\/wp\/v2\/posts\/2305\/revisions\/6443"}],"wp:attachment":[{"href":"https:\/\/malaysian-business.com\/portal\/wp-json\/wp\/v2\/media?parent=2305"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/malaysian-business.com\/portal\/wp-json\/wp\/v2\/categories?post=2305"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/malaysian-business.com\/portal\/wp-json\/wp\/v2\/tags?post=2305"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}