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Adnex Group has signed an underwriting agreement with Public Investment Bank in conjunction with its upcoming listing on the ACE Market of Bursa! For those unfamiliar with the company, Adnex has built a solid track record in interior fit-out works, mainly for corporate offices, F&B outlets, and sales galleries
Even with a high PE, Foodie still keeps climbing. Guess we’ll just wait and see how the next IPOs like Adnex Group and SkyeChip turn out once they’re listed
Bank stocks have been moving pretty well lately. On that note, UOB has appointed Adnex Group as its interior designer. Makes you wonder whether CIMB might also bring Adnex on board if they expand their branches or offices
Demand for office space appears to be picking up. That could be a nice tailwind for interior design players like Adnex Group, which are well-prepared to ride this wave
Johor’s property market was remained flat in 3Q2025, with about 25,243 transactions recorded, based on data from Olive Tree Property Consultants. However, total transaction value actually jumped 19.5% YoY, from RM20.4 billion to RM24.4billion. Looks like higher-value properties and even interior design services are showing some pricing power. Might be worth keeping an eye on Adnex Group
KLK getting into industrial property looks like a good move for more stable earnings. Curious whether they’ll bring in Adnex Group for the industrial interior design side
With interest rates likely to ease in 2026, the outlook for Malaysia’s property sector looks more positive. That should also spill over to related players, interior design firms like Adnex Group could be among the beneficiaries
