it's funny to learn from the comments shows that few don't know what the company do and operate. they don't own any datacenters .... they are contractors for the data centers and not fully contract the whole thing, part of it as M&E which is a small portion.
Revenue 150m is high and with 7m debt obviously they not earning, IPO is just to cash in sustain desperately.
but hope they can perform cross fingers.
sincerely,
insider.

https://disclosure.bursamalaysia.com/FileAccess/apbursaweb/download?id=229833&name=EA_DS_ATTACHMENTS
go to 13.5.27(a)

this company owe million to supplier and contractor how to buy?
sure GG and their boss is a spindrift and cocky.
as per 2023 net profit only less than 15m too low for this business field definitely is ipo to goreng and hit and run.