Mi Material Holding Limited has lodged its preliminary prospectus with the Monetary Authority of Singapore (MAS) as it prepares for an initial public offering (IPO) on the Mainboard of the Singapore Exchange Securities Trading Limited (SGX-ST). Oversea-Chinese Banking Corporation Limited (OCBC) is acting as the Issue Manager, with OCBC and CGS International Securities Singapore Pte. Ltd. serving as Joint Global Coordinators, Bookrunners, and Underwriters for the offering.
The preliminary prospectus, available on the MAS website, outlines Mi Material’s plans to offer its ordinary shares, although no agreements can be made based on this document until the final prospectus is registered by MAS. The final prospectus will provide detailed instructions for potential investors interested in subscribing to the shares.
Mi Material, headquartered in Singapore, is a prominent manufacturer in the semiconductor industry, focusing on advanced packaging materials. The company specialises in precision solder spheres and interconnect solutions, catering to semiconductor foundries and device manufacturers worldwide. Its products are integral to markets such as artificial intelligence, high-performance computing, and automotive electronics.
The proposed IPO aims to capitalise on the growing demand for semiconductor solutions, positioning Mi Material to expand its reach in key global markets. The final prospectus, once available, will offer further insights into the company’s financial strategies and future plans.
