3Ren

3REN Joins Penang Silicon Design @5km+ Through MOU with InvestPenang

3REN Bhd’s subsidiary Sophic Automation secures a RM7.14 million deal to supply an intelligent automated material management system to a major customer. The contract highlights Sophic Automation’s role in providing advanced automation solutions for industrial material handling. The company’s growth in this sector reflects increasing demand for automated systems in manufacturing and logistics.

May 2025The Malaysian ReserveNews article

3REN Berhad partners with Invest-In-Penang Berhad to advance the **Penang Silicon Design @5km+** initiative, aiming to boost the semiconductor and integrated circuit design industries in Penang. The collaboration focuses on fostering growth in local chip design capabilities through joint efforts. The memorandum of understanding outlines a framework for cooperation between the private sector and state-backed entity.

Dec 2024Business Today MalaysiaNews article

3REN Bhd debuts on Bursa Malaysia’s ACE Market with a 41% price surge, closing at 39.5 sen after its initial public offering (IPO) price of 28 sen. The stock outperforms expectations on its first trading day, marking a gain of 11.5 sen. The company’s market entry reflects investor interest in its offerings ahead of further trading activity.

Nov 2024The Edge MalaysiaNews article

3REN Bhd, an automation solutions and engineering services provider, plans to raise **RM30.8 million** through an **ACE Market IPO** by issuing **110 million new shares** at **28 sen per share**. The company’s IPO prospectus was launched today, outlining the fundraising effort. The proceeds will support its operations in automation and engineering services.

Oct 2024The StarNews article