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Elridge Energy Holdings

Elridge Energy Holdings Bhd (Ticker: ELRIDGE MK) is a Malaysia-based company that operates in the electric generation industry, primarily focusing on the manufacturing and trading of biomass fuel products such as palm kernel shells and wood pellets.

The company will list on August 22, 2024, on the Bursa Malaysia ACE Market. Elridge is offering 700 million shares at MYR 0.29 per share, with an expected market capitalization of MYR 580 million (USD 129.63 million). The total offer size is MYR 203 million (USD 45.37 million). KAF Investment Bank Bhd is managing the offering.

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