Butterfield FB IPO Closes for Applications 2 September

Butterfield FB, the Penang company behind the Butterfield coffee and tea extract powder brand, wants to list on the ACE Market. It prices its IPO at 48 sen a share. Retail applications close tomorrow, Wednesday 2 September, at 5pm — the shares list 15 September.

A profitable coffee and tea powder maker

• Manufacturing made up 78.1% of FY2026 revenue — coffee and tea extract powder blends sold across Malaysia, Thailand and beyond.
• M&A Securities is sole adviser, sponsor, underwriter and placement agent for the listing.
• Founders Yeap Kim Siew and Yeap Chin Loon keep roughly 55% combined after listing.

How the new shares are split

• Apply through your broker’s IPO platform before the 5pm deadline tomorrow — no extension has been announced.
• No trading history exists yet — ACE Market debuts often swing hard on listing day, in either direction.

For another ACE Market IPO closing this same window, see Pioneer Heat Holdings’ 25 sen listing or compare brokers for your next application.

What to watch

• 2 Sep 2026, 5pmRetail application window closes.
• 15 Sep 2026Butterfield FB debuts on the ACE Market — the first-day close is the number that matters, not the open.

Sources & further reading

• The Edge Malaysia — Butterfield FB launches ACE Market IPO at 48 sen a piece, raising RM72 mil
• The Star — Butterfield FB to raise RM72mil from ACE Market IPO for business expansion
• Bursa Malaysia — Butterfield FB Berhad prospectus exposure
• Rates.my — Pioneer Heat Holdings IPO: 25 sen ACE Market listing, applications close 3 September