SQ Advanced Interconnect IPO is Coming in Malaysia Early 2027

SQ Advanced Interconnect (SQAI) IPO: Key Reasons to Invest in Malaysia's Semiconductor Industry

The semiconductor sector on Bursa Malaysia’s Main Market is gaining strong momentum, and the SQ Advanced Interconnect (SQAI) IPO stands out as a high-potential opportunity for local investors. Formerly known as Qdos Holdings, SQAI brings a 33-year track record as a premier Malaysian specialist in Flexible Printed Circuits (FPC) and IC Substrates—the critical "connectors and foundations" powering modern microchips, smartphones, and medical electronics.

Investors are closely tracking SQAI due to its resilient financial trajectory. The company has expanded its gross profit margin to 32.63% for three consecutive years, delivering an adjusted net profit of RM80.17 million in FY2025. Beyond operational profitability, SQAI offers a post-listing 30% dividend payout policy, delivering steady yield potential. As SQAI expands its Penang facilities to capture high-value System-in-Package (SiP) technology within the global AI supply chain, this IPO offers a compelling mix of stable cash flow and advanced packaging expansion.

Subscribing to the SQAI IPO is fast and effortless with Moomoo Malaysia, offering RM0 subscription fees and up to 4x IPO Financing with 0 interest if unallotted. Coupled with instant online allotment notifications and real-time market insights, Moomoo provides the ultimate one-stop investing experience.

Who is SQ Advanced Interconnect Berhad (SQAI)?

SQ Advanced Interconnect Berhad (SQAI) is a Penang-based semiconductor and electronics manufacturer specializing in Flexible Printed Circuits (FPC) and IC Substrates. Formerly known as Qdos Holdings, the company serves as a critical interconnect specialist, producing the ultra-thin, flexible circuit boards and chip foundations that physically connect and support microchips in smartphones, automotive systems, and medical equipment.

The group operates through two primary divisions:

Flexible Printed Circuits (FPC): High-density, flexible circuit boards acting as signal pathways inside medical devices, communication tech, and automotive electronics.

IC Substrates: High-precision substrate bases serving as the structural and electrical foundation for semiconductor packaging.

Backing its operations with a 33-year track record in FPC and 13 years in IC substrates, SQAI serves approximately 380 global clients across three facilities in Penang and Xiamen, China. Malaysian investors eyeing SQAI’s Bursa Malaysia Main Market listing can track real-time company insights, view detailed prospectus breakdowns, and complete their online IPO application seamlessly using Moomoo Malaysia.

Key Benefits of Investing in the SQ Advanced Interconnect (SQAI) IPO

Subscribing to the SQ Advanced Interconnect Berhad (SQAI) IPO offers Malaysian investors a compelling blend of strong fundamentals, reliable yield, and high-tech growth:

Expanding High-Margin Profitability: SQAI has expanded its gross profit margins for three consecutive years, reaching 32.63% in FY2025 with RM80.17 million in adjusted net profit—demonstrating superior pricing power in high-precision FPC and IC substrates.

Attractive 30% Target Dividend Policy: The group’s commitment to distribute at least 30% of its post-listing net profit provides investors with a dependable passive income stream backed by strong operational cash flow.

Direct Exposure to AI & Advanced Packaging: IPO capital will directly fund SQAI’s expansion into System-in-Package (SiP) technology at its Batu Kawan facility, positioning the company to capture lucrative opportunities in global AI and automotive supply chains.

33-Year Proven Operational Track Record: With over three decades in FPC, 13 years in IC substrates, and a diverse client base of 380 global brands, SQAI delivers stability that is rare among technology listings.

Malaysian investors looking to capitalize on this Penang semiconductor player can conveniently submit their e-IPO application through Moomoo Malaysia, enjoying a streamlined, paperless subscription process with real-time status updates right inside the app.

Why Early Account Registration and Deposit are Critical for the SQAI IPO

Bursa Malaysia Main Market IPO subscription windows are notoriously brief, often remaining open for only a few business days. Registering an account and depositing capital well before the SQ Advanced Interconnect (SQAI) IPO launch is critical to prevent missing the deadline due to administrative delays.

Preparing setup early is essential for several time-sensitive reasons:

CDS Verification Lead Time: Opening and verifying a direct CDS account requires mandatory processing time, making last-minute account creations risky.

Settled Capital Readiness: Bank deposit clearances can be delayed during high-volume periods; pre-funded accounts ensure immediate application submission.

Avoiding System Congestion: Traffic spikes on final subscription-closing dates can cause network slowdowns or payment-processing timeouts.

Completing registration and funding early ensures full operational readiness the moment the SQAI IPO opens on Moomoo Malaysia, eliminating any risk of losing an allocation opportunity to processing bottlenecks.

How SQAI Plans to Utilize Its IPO Proceeds: Expanding into AI Advanced Packaging

SQ Advanced Interconnect Berhad (SQAI) intends to allocate its IPO proceeds to strategically scale manufacturing capacity, upgrade production technologies, and expand into high-margin semiconductor segments.

Batu Kawan Facility Expansion for SiP Technology

A significant portion of capital expenditure is earmarked for the expansion of the Batu Kawan plant in Penang. This expansion enables SQAI to vertically integrate into System-in-Package (SiP) advanced packaging, directly embedding the group into global AI chip and high-performance computing (HPC) supply chains.

Aggressive Capacity Scaling by 2029

To capture growing global market demand, SQAI aims to increase its annual IC substrate production capacity by 40% (from 600 million to 840 million units) and boost its Flexible Printed Circuit (FPC) capacity by 50% (scaling from approximately 112 million to 168 million units) by 2029.

R&D and Smart Manufacturing Upgrades

Proceeds will fund ongoing research and development into ultra-fine line-width substrate processes. Additionally, SQAI plans to integrate AI-driven manufacturing and enterprise resource planning (ERP) systems to streamline operations from design and prototyping to commercial mass production.

Working Capital and Listing Expenses

The remaining capital will support general working capital needs—ensuring liquidity for increased raw material procurement—and settle mandatory advisory and administrative fees for its Bursa Malaysia Main Market listing.

This strategic deployment of funds reinforces SQAI’s positioning as a high-precision interconnect specialist. Investors can view complete prospectus breakdowns and track listing milestones on Moomoo Malaysia.

SQ Advanced Interconnect Berhad Financial Performance: Steady Margins & Profit Growth

SQ Advanced Interconnect Berhad (SQAI) has demonstrated strong financial performance leading to its Bursa Malaysia Main Market listing, highlighted by a 32.63% gross profit margin in FY2025 and an adjusted net profit of RM80.17 million.

Key financial highlights from recent fiscal years demonstrate the group’s operational strength:

Expanding Gross Margins: Gross profit margins expanded over three consecutive financial years, reaching 32.63% in FY2025, driven by production efficiencies and pricing power in high-precision FPC and IC substrates.

Consistent Profit Trajectory: Profit After Tax (PAT) grew steadily from RM68.6 million in FY2023 to RM74.8 million in FY2024, achieving an adjusted net profit of RM80.17 million in FY2025.

30% Dividend Policy Commitment: Backed by healthy cash flow generation, SQAI maintains a post-listing policy of distributing at least 30% of its net profit as dividends, providing earnings visibility for long-term investors.

This resilient track record of margin expansion and steady cash flows establishes SQAI as a robust candidate for a semiconductor listing. Investors can analyze complete financial breakdowns, historical statements, and key valuation metrics directly on Moomoo Malaysia.

Why Apply for the SQAI IPO with Moomoo Malaysia?

Moomoo Malaysia is a premier investment platform for applying for the SQ Advanced Interconnect (SQAI) IPO, offering a 100% digital subscription process with RM0 handling fees, up to 4x leverage financing, and instant allotment notifications.

Maximize Your SQAI IPO Allocation with RM0 Subscription and CDS Fees

Capital efficiency is essential when subscribing to the SQ Advanced Interconnect (SQAI) IPO on Moomoo Malaysia. The platform delivers a completely transparent application experience by waiving both e-IPO subscription fees and CDS account maintenance charges. This zero-fee structure guarantees that every Ringgit committed by Malaysian investors goes directly toward acquiring shares in Penang’s premier interconnect specialist, with no hidden processing costs.

For Malaysian retail investors, eliminating transaction overhead translates directly into improved long-term portfolio returns, especially when securing stakes in high-margin semiconductor listings. By removing friction and fee barriers, Moomoo Malaysia offers a cost-effective, seamless pathway to gain equity exposure to SQ Advanced Interconnect as the group expands its footprint across global AI supply chains.

Amplify Subscription Power with Strategic IPO Leverage Financing

Moomoo Malaysia provides a tactical edge for the SQ Advanced Interconnect (SQAI) IPO through its flexible IPO financing facility. This feature allows Malaysian investors to extend their subscription power beyond immediate cash balances, scaling up the total volume of shares applied for. Submitting larger application tiers remains one of the most effective ways to boost allotment odds in competitive Main Market debuts.

In high-demand semiconductor listings like the SQAI IPO, heavy retail oversubscription often leaves cash-only applicants with minimal share allocations. Moomoo’s leverage solution directly solves this challenge, enabling investors to apply more competitively for SQ Advanced Interconnect shares without being forced to liquidate existing portfolio holdings. This capital flexibility empowers local investors to maximize their allocation potential while keeping their long-term investment strategies intact.

Activating leverage to expand subscription power for the SQ Advanced Interconnect (SQAI) IPO is a fast, fully digital process. Investors can enable financing within the Moomoo Malaysia app to maximize allotment potential before the deadline through these simple steps:

0% Interest on Unallotted SQAI IPO Shares

Moomoo Malaysia eliminates the financial risk traditionally linked to leverage through its 0% interest on unallotted shares policy. This feature allows Malaysian investors to apply for the SQAI IPO with maximum leverage without incurring interest expenses on unallocated portions.

If an application receives zero shares during the public balloting process, no interest charges are incurred. This downside protection enables local investors to submit larger, more competitive bids for SQ Advanced Interconnect, maximizing allocation odds in a high-demand semiconductor listing while fully safeguarding their capital.

All-In-One Digital Solution for the SQAI IPO

Moomoo Malaysia consolidates the entire subscription workflow for the SQAI IPO into a single digital interface. From reviewing detailed prospectus data and executing e-IPO submissions to receiving real-time balloting notifications, every stage of the Bursa Malaysia listing process is handled seamlessly within the platform.

This end-to-end digital ecosystem eliminates physical paperwork and manual bank processing, ensuring Malaysian investors never miss strict submission windows. By modernizing capital market participation, Moomoo delivers a fast, transparent, and efficient pathway to secure equity in SQ Advanced Interconnect as the group expands its high-precision semiconductor operations.

24/7 Tech Intelligence and Analytics for the SQAI IPO

Evaluating high-precision semiconductor listings requires granular, real-time data. Moomoo Malaysia provides 24/7 market intelligence on advanced packaging and IC substrate sectors, enabling local investors to track AI infrastructure growth and SQAI's SiP expansion at Batu Kawan.

Moomoo’s analytical tools simplify prospectus analysis by benchmarking SQ Advanced Interconnect against Bursa Malaysia technology peers on Bursa Malaysia. The app delivers visual breakdowns of SQAI’s 32.63% gross margin, profit trajectory, and 2029 capacity scaling targets. Live news feeds and financial visualizations convert raw semiconductor data into actionable insights ahead of the SQAI IPO.

Conclusion

SQ Advanced Interconnect Berhad stands out as a high-precision semiconductor play as Bursa Malaysia’s Main Market prepares for its listing. Supported by a 32.63% gross profit margin, a 30% dividend policy commitment, and targeted capacity expansion into System-in-Package (SiP) advanced packaging at Batu Kawan, SQAI is strategically aligned with rising global demand for AI and high-performance computing.

Moomoo Malaysia offers an optimal gateway for participating in the SQAI IPO, combining zero-fee subscriptions with flexible leverage financing and 0% interest on unallotted shares. Completing account registration and capital deposits early ensures investors bypass processing bottlenecks and lock in execution readiness before the short subscription window closes.

Download Moomoo Malaysia, verify your CDS account, and prepare to apply for SQ Advanced Interconnect.