EVENTS PRODUCTS

PEOPLElogy BERHAD DEBUTS OTHE ACE MARKET OF BURSA MALAYSIA SECURITIES BERHAD

newpaparazzi 3 June 2025

PEOPLElogy BERHAD DEBUTS ON THE ACE MARKET
OF BURSA MALAYSIA SECURITIES BERHAD

(Left to right) – 1. Ms. Norlida binti Abdul Azmi, Independent Non-Executive Director of PEOPLElogy Berhad 2. Mr. K.Raman a/l G.Kesawannair, Independent Non-Executive Director of PEOPLElogy Berhad 3. Datuk Seri Garry Chua (拿督蔡家胜), Independent Non-Executive Chairman of PEOPLElogy Berhad 4. Mr. Allen Lee (李振明), Non-Independent Executive Director/Managing Director of PEOPLElogy Berhad 5. Ms. Cally Yau (姚可丽), Non-Independent Executive Director/Chief Executive Officer of PEOPLElogy Berhad 6. Dato‘ Lee Teck Hua (拿督李德华), Independent Non-Executive Director of PEOPLElogy Berhad 7. Ms. Joey Lee (李绮琪), Non-Independent Executive Director/Chief Operating Officer of PEOPLElogy Berhad

PEOPLElogy Berhad (“PEOPLElogy” or “Company”) today premiered on the ACE Market of Bursa Malaysia Securities Berhad (“Bursa Securities”). At the opening bell, a total of 1,296,800 Shares were traded, under the stock name of ‘PEOPLE’ and stock code of ‘0356’, opening flat at RM0.24 per share.

Mr. Allen Lee, Non-Independent Executive Director/Managing Director of PEOPLElogy Berhad, expressed his pride in the achievement of the Company’s IPO, “Today marks a significant milestone for PEOPLElogy as we debut on the ACE Market of Bursa Securities. As Malaysia’s premier award-winning integrated people development solutions provider, we are excited to take this step forward to reaffirm our commitment to our mission of impacting 10 million lives through innovative, transformative learning solutions. This listing not only celebrates how far we’ve come — it sets the stage for an even more impactful future.”

Based on PEOPLElogy’s enlarged share capital of 411,716,936 Shares and the IPO price of RM0.25 per share, the Company’s total market capitalisation is approximately RM102.93 million. With a total of RM26.25 million in gross proceeds raised from the IPO, PEOPLElogy will utilise 32.38% of the proceeds to finance the establishment of a Cyber Range computer simulation lab; 15.24% for the expansion through strategic investments, mergers and acquisitions opportunities; 11.43% for software research and development; 11.05% for the expansion of offices and training centres in Indonesia and Philippines; 3.81% for the expansion of offices and training centres in East Malaysia; and 0.38% for setting up regional office in Singapore. The remaining proceeds will be used as working capital and listing expenses.

As an integrated people development solutions provider, PEOPLElogy’s value proposition is to equip individuals, businesses, and the government with digital skills necessary to advance the Country’s digital economy aspirations. The Company is an investment holding company, and through its subsidiaries and associate company, PEOPLElogy specialises across three key business segments which include its proprietary 6D Framework of Discover, Design, Develop, Deploy, Digitise, and Digitalise, designed to deliver measurable impact and tailored results. This end-to-end framework is the foundation of the company’s approach, enabling it to deliver scalable and future-ready solutions that meet the evolving needs of clients.

Kenanga Investment Bank Berhad is the Principal Adviser, Sponsor, Underwriter, and Placement Agent for the IPO.