Full prospectus analysis of the GTA Holdings Berhad (GTA, 0469) IPO, the only authorised MRO centre in Malaysia for Safran and EPI branded engines. IPO price RM0.35 (PE 11.18 times), market capitalisation RM451.97 million, ACE Market listing on 8 September 2026. Applications close 26 August 2026. FYE2025 revenue of RM331.78 million at a 37.0% CAGR, but 95.41% of revenue comes from a single customer and the contract driving it ends in the first quarter of FYE2027. Shariah-compliant.