Subscribe for the IPO Public Tranche of Mi Material Holding Limited

FSM Global Singapore is pleased to invite our valued investors to subscribe for the IPO public tranche of Mi Material Holding Limited on Mainboard of the Singapore Exchange (SGX).

FSM Global
FSM Global26 Oct 2026 3 Views
Subscribe for the IPO Public Tranche of Mi Material Holding Limited

Company Spotlight: Mi Material

Mi Material is a Singapore-headquartered manufacturer of advanced semiconductor packaging materials, operating under its corporate brand Accurus. Established in Taiwan in 1998, the group has over 28 years of experience specialising in precision solder spheres, which serve as critical electrical connections between semiconductor chips and circuit boards.

According to Yole, Mi Material ranked among the world's top three solder sphere suppliers in 2025, with a 24% share of the global serviceable addressable market (SAM), excluding electroplated bumping and hybrid bonding.

Key Highlights

  • Established market position: One of the world's top three solder sphere suppliers, with a reported 24% global SAM share in 2025.

  • Exposure to AI and advanced semiconductors: Its products support high-performance computing (HPC), AI, high-bandwidth memory (HBM), smartphones, wearables and automotive electronics.

  • Advanced manufacturing capabilities: Produces precision solder spheres ranging from 0.030mm to 0.889mm in diameter, serving increasingly sophisticated semiconductor packaging technologies, including 2.5D and 3D chip architectures.

  • Proprietary technology and R&D: Holds patents covering specialised solder alloys and manufacturing processes, while developing much of its production machinery in-house.

  • Significant production capacity: Operates manufacturing facilities in Taiwan and China, with a combined annual production capacity of approximately 6.6 trillion to 8.9 trillion solder spheres.

  • Proposed spin-off and listing: Previously operating as the Semiconductor Materials Business Unit of Bursa Malaysia-listed Mi Technovation Berhad, Mi Material received shareholder approval for its proposed spin-off and listing on 17 September 2026.


ISSUE DETAILS

Listing: Mainboard of SGX-ST, in SGD

Indication Of Interest: Demand to be reflected in SGD only

INDICATIVE TIMETABLE FOR LISTING

·         Registration of Final Prospectus: 19th October 2026

Exchange

SGX

Subscription Price

S$ 1.80

Minimum Indication Of Interest

500 shares and in multiples of 100 shares

Deadline For Subscription Using SGD Cash Account

26th October 2026, Monday at 1100am

Deadline For Subscription Using Auto-sweep (SGD/USD)

26th October 2026, Monday at 930am

Indicative Allotment Date

27th October 2026, Tuesday

Indicative Listing Date

28th October 2026, Wednesday 2pm

A copy of the Final Offer Document lodged with MAS can be found in the link below.

https://eservices.mas.gov.sg/opera/Public/SD/ViewOfferDoc.aspx?shrID=8b7bc5c7b6434baf98b9f8f6eb24581b

Why Subscribe via FSM Global Singapore?

FSM Global does not impose any IPO administrative or processing fees

If I’m successful in balloting, where will my shares be held?

The shares will be held in your CDP account instead of your FSM Global Account. If you choose to sell your holdings after the IPO, you can sell them through FSM Global via the Sell- CDP option.

Eligibility and Subscription Details

Minimum subscription: 500 shares and in multiples of 100 shares

To participate in this IPO Public Tranche exercise, please note the steps below:

1.         Fund your FSM Global SGD Cash Account with the intended subscription amount, by 1100am on 26th October 2026, (Monday). Refer to user guide on deposit into my Cash Account. To subscribe using funds in the Auto-Sweep Account (SGD/USD), orders must be placed before 930am on 26th October 2026.

2.         Please login to FSM Global and proceed to subscribe online: [Quick Steps]

·      Under the Stocks tab > Subscribe for IPOs

·      Select the IPO that you’re interested in and click on the green ‘Subscribe Now’ button

·      Indicate your CDP number and the intended subscription

·      Read and acknowledge the declaration

·      Key in password and click submit 

3.         Upon the completion of your subscription, you will receive an acknowledgment email regarding your subscription.

4.         Upon the completion of the public tranche allocation, we will notify you of the final allocation results.

Other important notes:

·         Please note that once submitted, your subscription is irrevocable and cannot be cancelled.

·         Please note the cut-off date and time to be 26th October 2026, Monday at 1100am for Cash, and 26th October 2026, Monday at 930am for Auto-sweep Account.

·         All monies from unsuccessful allotment will be credited back into the client’s respective Cash Account/ Auto-sweep Account after the allocation has been completed.

·         The IPO Public tranche is subject to allocation.

FSM Global reserves the right to amend any Terms and Conditions regarding this subscription exercise without prior notification.

If you have any questions, please contact our client service hotline at +65 6557 2853 or email us at clienthelp@fsmglobal.sg.

Thank you and have a great week ahead!


Best Regards,

FSM Global Team

Risk Disclosure

·      The content herein should not be construed as an offer, recommendation or the solicitation of securities to the public.

·      Certain information presented in relation to the specific products are obtained or derived from sources that iFAST Financial Pte Ltd (“iFAST”) believes to be reliable, which iFAST makes no representation as to their accuracy or completeness and iFAST accepts no liability for loss arising from the use of the material.

·      The contents of this document have not been reviewed by any regulatory authority in Singapore. You are advised to exercise caution in relation to the offer. If you are in any doubt about any of the contents of this document, you should obtain independent professional advice.

·      Investment involves risks. The price of securities may go down or up, and under certain circumstances an investor may sustain a total or substantial loss of investment. Past performance is not necessarily indicative of the future or likely perform

All materials and contents found in this site are strictly for general circulation and informational purposes only and should not be considered as an offer, or solicitation, to deal in any of the funds or products found/identified in this site. While iFAST Financial Pte Ltd ("IFPL") has tried to provide accurate and timely information, there may be inadvertent delays, omissions, technical or factual inaccuracies and typographical errors. Any opinion or estimate contained in this report is made on a general basis and neither IFPL nor any of its servants or agents have given any consideration to nor have they or any of them made any investigation of the investment objective, financial situation or particular need of any user or reader, any specific person or group of persons. You should consider carefully if the products you are going to purchase are suitable for your investment objective, investment experience, risk tolerance and other personal circumstances. If you are uncertain about the suitability of the investment product, please seek advice from a financial adviser, before making a decision to purchase the investment product. Past performance is not indicative of future performance. The value of the investment products and the income from them may fall as well as rise. Opinions expressed herein are subject to change without notice. In respect of any matters arising from, or in connection with the said research analyses or research reports, recipients of the report are to contact IFPL at 10 Collyer Quay, #26-01 Ocean Financial Centre Building, Singapore 049315, or by telephone at +65 6557 2853. Where the report contains research analyses or research reports from a foreign research house and if the recipient of such research analyses or research reports is not an accredited investor, expert investor, institutional investor or an ex-accredited investor, IFPL accepts legal responsibility for the contents of such analyses or reports to such persons only to the extent as required by law. Please note that only certain security(ies) herein are available to all investors, while the rest are only available for certain persons to invest in, such as Accredited Investors (as defined in the Securities and Futures Act) or one who invests at least S$200,000 (or its equivalent currency) per transaction. To qualify as an Accredited Investor, one needs to submit a declaration form and certain relevant supporting documents, according to iFAST’s prevailing policies and procedures.

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