IPO Analysis

Upcoming Listing

Supreme Consolidated Resources Bhd SUPREME | Supreme Consolidated Resources Bhd

SUPREME Consolidated Resources Bhd (SUPREME) is specializes in the import, trading, and distribution of a wide range of food products, including Frozen, Chilled, Dairy, and Dry Food items. SUPREME's offerings encompass various categories such as frozen meat (beef, lamb, mutton, poultry, and seafood), frozen seafood products, frozen potato-based products, frozen vegetables and fruits, as well as dairy products and ambient food and beverage items like cream, milk, pasta, and juices. Additionally, SUPREME expanded its portfolio to include Non-Food & Beverage products like cleaning supplies through its subsidiary Supreme Trading. SUPREME was incorporated in 2016 and headquartered in Kuching, Sarawak.

Utilisation of Proceeds:

Purpose Amount (RM'000) %
Expansion Expansion of warehouse facility 11,000 62.86
Working capital Working capital 4,000 22.86
Listing expenses Estimated listing expenses 2,500 14.28
Total 17,500 100
Market: ACE
Principal Adviser: Kenanga Investment Bank Berhad
Issuing House: Malaysian Issuing House (MIH)
Shariah Status: SC (Yes)
Listing Price: 0.25
PE Ratio: 10.0-11.9
    PE (FYE): 11.90
    PE (FPE Annualised): 9.97
    PE (Hybrid): 11.75
    PE (Latest Qtr): 10.7
MITI allocation?: Yes
Closing Date: 15-Nov-2024
Balloting Date: 19-Nov-2024
Listing Date: 29-Nov-2024
MITI Payment Date: 01-Nov-2024
Oversubscription rate: 349.42x
Average Analysts FV*:
Mplus (0.40), Mercury (0.29), TA (0.30), RHB (0.33)
iSaham IPO Score***:
Market Cap: 107.50 M
Number of Shares: 430.00 M
IPO Allocations No. of Shares %
Malaysian Public 8.60 M 2.0%
Bumiputera shareholders approved by MITI 53.75 M 12.5%
Eligible Directors and employees 7.65 M 1.78%
Total Allocations 70.00 M 16.28%

Public Issue of 70.00 M new shares representing 16.28% enlarged shares.

Median Sectors PE:
Median Peers PE:
Cropmate Berhad CRPMATE | Cropmate Berhad

Cropmate Berhad is a company focused on the agricultural sector, specifically in fertiliser production and distribution. The company operates primarily through its subsidiary, Cropmate Fertilizer Sdn Bhd, specializing in formulating, blending, and trading a range of fertilisers. These include conventional fertilisers targeted at large plantations such as oil palm and specialty fertilisers designed for specific crops, like durian orchards. Cropmate’s products, branded under "Cropmate-Dua Daun" and sub-branded as "CM Miracle," support various stages of plant growth, from nursery to maturity. Beyond blending fertilisers, Cropmate also trades in straight fertilisers and other agricultural materials. The company's operates by selling directly to plantation owners and through intermediaries, serving both local and regional markets with exports to countries like Singapore and Cambodia. Cropmate was incorporated in 2023 and headquartered in Kuala Lumpur, Malaysia.

Utilisation of Proceeds:

Purpose Amount (RM'000) %
Expansion To part finance the purchase considerations of Factory Lot 8949 and Factory Lot 8950 16,695 39.8
Working capital Working capital 17,135 40.8
Listing expenses Capital expenditure 3,170 7.5
Listing expenses Estimated listing expenses 5,000 11.9
Total 42,000 100
Market: ACE
Principal Adviser: Hong Leong Investment Bank Berhad
Issuing House: Tricor Investor & Issuing House (TIIH)
Shariah Status: SC (Yes)
Listing Price: 0.20
PE Ratio: 11.0-14.7
    PE (FYE): 14.7
    PE (FPE Annualised): 11.03
    PE (Hybrid): 14.42
MITI allocation?: Yes
Closing Date: 22-Nov-2024
Balloting Date: 27-Nov-2024
Listing Date: 05-Dec-2024
Average Analysts FV*:
Mplus (0.35), TA (0.21)
iSaham IPO Score***:
Market Cap: 147.60 M
Number of Shares: 738.00 M
IPO Allocations No. of Shares %
Malaysian Public 36.90 M 5.0%
Bumiputera shareholders approved by MITI 92.25 M 12.5%
Eligible Directors and employees 14.76 M 2.0%
Private placement to selected investors and others 116.09 M 15.73%
Total Allocations 260.00 M 35.23%

Offer for Sales of 50.00 M existing shares representing 6.78% enlarged shares.

Public Issue of 210.00 M new shares representing 28.46% enlarged shares.

Median Sectors PE:
Median Peers PE:

MITI IPO

Companies that have opened for MITI applications


ES Sunlogy Berhad ES Sunlogy Berhad

ES Sunlogy Berhad focuses on Mechanical and Electrical (M&E) engineering services. The company designs and implements electricity supply distribution systems and mechanical building services. Additionally, ES Sunlogy is involved in generating and selling renewable energy through solar facilities. Its product offerings include trading electrical components such as solar photovoltaic panels and related equipment. Serving a diverse market, the company caters to industrial, commercial, and residential projects, as well as renewable energy clients. ES Sunlogy was incorporated in November 2023 and is headquartered in Bukit Mertajam, Penang, Malaysia.

Utilisation of Proceeds:

Purpose Amount (RM'000) %
Expansion Development and construction of SelarongLSSPV Plant 0 0
Working capital General working capital 0 0
Others Purchase of ERP system 0 0
Listing expenses Estimated listing expenses 0 0
Total 0 100
Market: ACE
Principal Adviser: M&A Securities Sdn Bhd
Issuing House: Tricor Investor & Issuing House (TIIH)
Shariah Status: SC (No)
MITI allocation?: Yes
MITI Application Open Date: 18-Nov-2024
MITI Application Close Date: 22-Nov-2024
Number of Shares: 700.00 M
IPO Allocations No. of Shares %
Malaysian Public 35.00 M 5.0%
Bumiputera shareholders approved by MITI 87.50 M 12.5%
Eligible Directors and employees 17.5 M 2.5%
Private placement to selected investors and others 70.0 M 10.0%
Total Allocations 210.00 M 30.0%

Offer for Sales of 70.00 M existing shares representing 10.0% enlarged shares.

Public Issue of 140.00 M new shares representing 20.0% enlarged shares.

Median Sectors PE:
Median Peers PE:
CBH Engineering Holding Berhad CBH Engineering Holding Berhad

CBH Engineering Holding Berhad is a leading provider of electrical engineering services specializing in electricity supply distribution systems. The company undertakes a comprehensive range of activities including the design, supply, installation, testing, commissioning, and maintenance of high voltage (HV), medium voltage (MV), low voltage (LV), and extra-low voltage (ELV) electrical systems. In addition to its core electrical engineering services, CBH also offers mechanical engineering works for building systems, which encompass air conditioning and mechanical ventilation (ACMV) systems, fire protection systems, plumbing and sanitary systems, and renewable energy systems. The company’s projects often integrate multiple mechanical and electrical (M&E) systems, such as specialized in machinery and equipment tailored for customers need. CBH was incorporated in 2023 and headquartered in Malaysia.

Utilisation of Proceeds:

Purpose Amount (RM'000) %
Expansion Procurement of equipment and components for M&E engineering works 0 0
Expansion Bank guarantees for future projects 0 0
Expansion Payment to subcontractors for future projects 0 0
Expansion Recruitment of engineers and other personnel 0 0
Listing expenses Estimated listing expenses 0 0
Total 0 100
Market: ACE
Principal Adviser: Mercury Securities Sdn Bhd
Issuing House: Tricor Investor & Issuing House (TIIH)
Shariah Status: SC (Yes)
Price: 0.28
Est. PE Ratio: 15.91
    PE (FYE): 15.91
    PE (FPE Annualised): -
    PE (Hybrid): -
MITI allocation?: Yes
MITI Application Open Date: 04-Nov-2024
MITI Application Close Date: 13-Nov-2024
Market Cap: 526.65 M
Number of Shares: 1,880.90 M
IPO Allocations No. of Shares %
Malaysian Public 94.05 M 5.0%
Bumiputera shareholders approved by MITI 235.11 M 12.5%
Eligible Directors and employees 28.415 M 1.51%
Private placement to selected investors and others 128.518 M 6.83%
Total Allocations 486.09 M 25.84%

Offer for Sales of 188.09 M existing shares representing 10.0% enlarged shares.

Public Issue of 298.00 M new shares representing 15.84% enlarged shares.

Median Sectors PE:
Median Peers PE:
TechStore Berhad TechStore Berhad

TechStore Berhad is an enterprise IT solutions provider specializing in IT security and automation services. The company focuses on delivering comprehensive solutions that include design, development, customization, testing, and integration, tailored to the specific needs of its clients across various sectors such as transportation, utilities, and hospitality. TechStore’s products, such as integrated command and control systems, electronic payment and operating systems, and business video intelligence solutions, enhance security and operational efficiency. In addition to these core services, TechStore provides maintenance and support for the IT solutions it delivers, ensuring ongoing operational efficiency and long-term support for its customers. TechStore was incorporated in Malaysia in 2024 and headquartered in Kuala Lumpur, Malaysia.

Utilisation of Proceeds:

Purpose Amount (RM'000) %
Expansion Recruitment of business development personnel 0 0
Expansion Capital expenditure 0 0
Working capital Working capital 0 0
Listing expenses Estimated listing expenses 0 0
Total 0 100
Market: ACE
Principal Adviser: M&A Securities Sdn Bhd
Issuing House: Tricor Investor & Issuing House (TIIH)
Shariah Status: SC (Yes)
Price: 0.20
Est. PE Ratio: 12.99
    PE (FYE): 12.99
    PE (FPE Annualised): -
    PE (Hybrid): -
MITI allocation?: Yes
MITI Application Open Date: 06-Nov-2024
MITI Application Close Date: 10-Nov-2024
Market Cap: 100.00 M
Number of Shares: 500.00 M
IPO Allocations No. of Shares %
Malaysian Public 25.00 M 5.0%
Bumiputera shareholders approved by MITI 62.50 M 12.5%
Eligible Directors and employees 25.0 M 5.0%
Private placement to selected investors and others 37.5 M 7.5%
Total Allocations 150.00 M 30.0%

Offer for Sales of 25.00 M existing shares representing 5.0% enlarged shares.

Public Issue of 125.00 M new shares representing 25.0% enlarged shares.

Median Sectors PE:
Median Peers PE:
Northern Solar Holdings Berhad Northern Solar Holdings Berhad

Northern Solar Holdings Berhad is specializes in renewable energy with a focus on solar power. The company is primarily engaged in the Engineering, Procurement, Construction, and Commissioning (EPCC) of solar photovoltaic (PV) systems, which includes comprehensive services such as engineering design, procurement, construction, installation, testing, and commissioning for various types of buildings—commercial, industrial, and residential. Additionally, Northern Solar generates renewable energy through its rooftop solar PV systems, selling electricity to consumers under the Net Energy Metering (NEM) and Solar Energy License (SELCO) schemes in Peninsular Malaysia. The company also provides Operations and Maintenance (O&M) services for solar PV equipment and systems installed across different sectors. Northern Solar was incorporated in 2024 and headquartered in Malaysia.

Utilisation of Proceeds:

Purpose Amount (RM'000) %
Expansion Business expansion 0 0
Working capital Working capital 0 0
Listing expenses Estimated listing expenses 0 0
Total 0 100
Market: ACE
Principal Adviser: M&A Securities Sdn Bhd
Issuing House: Tricor Investor & Issuing House (TIIH)
Shariah Status: SC (Yes)
Price: 0.63
MITI allocation?: Yes
MITI Application Open Date: 28-Oct-2024
MITI Application Close Date: 01-Nov-2024
Market Cap: 249.23 M
Number of Shares: 395.60 M
IPO Allocations No. of Shares %
Malaysian Public 19.78 M 5.0%
Bumiputera shareholders approved by MITI 49.45 M 12.5%
Eligible Directors and employees 7.912 M 2.0%
Private placement to selected investors and others 25.714 M 6.5%
Total Allocations 102.86 M 26.0%

Offer for Sales of 35.60 M existing shares representing 9.0% enlarged shares.

Public Issue of 67.25 M new shares representing 17.0% enlarged shares.

Median Sectors PE:
Median Peers PE:
Oriental Kopi Holdings Berhad Oriental Kopi Holdings Berhad

Oriental Kopi Holdings Berhad, operates a chain of cafes across Malaysia, having started its cafe operations in December 2020. The company emphasizes food and beverage services that showcase local Malaysian cuisine in a casual setting, targeting the mass market with a diverse menu that includes hot meals, snacks, pastries, desserts, and a variety of drinks such as coffee and tea. Alongside its cafe operations, the company markets its own brands of consumer-branded packaged foods, including coffee, tea, spreads, pastries, and instant noodles under the Oriental and Oriental Kopi brands. It also engages in the distribution and retailing of these packaged foods through supermarkets and online platforms like Shopee and Lazada. Furthermore, Oriental Kopi conducts trading of materials and equipment essential for its operations. The company aims to expand its market presence through innovative product offerings and strategic partnerships while being headquartered in Malaysia. Oriental Kopi was incorporated in 2020 and headquartered in Malaysia.

Utilisation of Proceeds:

Purpose Amount (RM'000) %
Expansion Expansion of cafes in various states within Malaysia 0 0
Expansion Expansion of consumer-branded packaged foods segment 0 0
Expansion Marketing activities in foreign countries 0 0
Working capital Working capital 0 0
Others Set up of new head office, central kitchen and warehouse 0 0
Listing expenses Estimated listing expenses 0 0
Total 0 100
Market: ACE
Principal Adviser: Alliance Islamic Bank Berhad
Issuing House: Tricor Investor & Issuing House (TIIH)
Shariah Status: N/A
Price: 0.42
Est. PE Ratio: 42.0
    PE (FYE): 42.0
    PE (FPE Annualised): -
    PE (Hybrid): -
MITI allocation?: Yes
MITI Application Open Date: 18-Oct-2024
MITI Application Close Date: 27-Oct-2024
Market Cap: 840.00 M
Number of Shares: 2,000.00 M
IPO Allocations No. of Shares %
Malaysian Public 60.00 M 3.0%
Bumiputera shareholders approved by MITI 250.00 M 12.5%
Eligible Directors and employees 20.0 M 1.0%
Private placement to selected investors and others 88.101 M 4.41%
Total Allocations 418.10 M 20.91%

Public Issue of 418.10 M new shares representing 20.91% enlarged shares.

Median Sectors PE:
Median Peers PE:
Carlo Rino Group Berhad Carlo Rino Group Berhad

Carlo Rino Group Berhad is a fashion retail company which principally involved in designing, marketing, and selling women's handbags, footwear, and accessories under its Carlo Rino and C.Rino brands. The company operates through boutiques, department store counters, and online platforms, catering primarily to young, middle-income female professionals. In addition to retail, Carlo Rino engages in investment and property management, generating rental income from its properties. Its diverse product range is designed to appeal to fashion-forward customers seeking youthful and vibrant styles. Carlo Rino was incorporated in 2009 and headquartered in Kuala Lumpur, Malaysia.

Utilisation of Proceeds:

Purpose Amount (RM'000) %
Working capital Purchase of inventory 0 0
Working capital A&P expenses 0 0
Working capital Rental of boutiques 0 0
Others Construction and the fitting out of a new flagship boutique and other facilities 0 0
Others Refurbishment of boutiques and counters at departmental stores 0 0
Others Maintenance of IT infrastructure 0 0
Listing expenses Defrayment of estimated expenses for the Corporate Exercise and our IPO 0 0
Total 0 100
Market: ACE
Principal Adviser: TA Securities Holdings Berhad
Issuing House: Malaysian Issuing House (MIH)
Shariah Status: SC (Yes)
MITI allocation?: Yes
MITI Payment Date: 2-Dec-2024
MITI Application Open Date: 18-Sep-2024
MITI Application Close Date: 24-Sep-2024
MITI Payment Date: 2-Dec-2024
Number of Shares: 977.52 M
IPO Allocations No. of Shares %
Malaysian Public 48.88 M 5.0%
Bumiputera shareholders approved by MITI 122.19 M 12.5%
Eligible Directors and employees 0.8 M 0.08%
Private placement to selected investors and others 87.9843 M 9.0%
Total Allocations 259.85 M 26.58%

Offer for Sales of 87.98 M existing shares representing 9.0% enlarged shares.

Public Issue of 171.87 M new shares representing 17.58% enlarged shares.

Median Sectors PE:
Median Peers PE:
Swift Energy Technology Berhad Swift Energy Technology Berhad

Swift Energy Technology Berhad is primarily engaged in the provision of industrial automation and power systems, focusing on process control, solar photovoltaic (Ex solar PV) solutions, and power distribution. The company primarily serves customers in the oil and gas sector, as well as industries related to grain products, edible oils, and food manufacturing. In addition to these core activities, Swift Energy supplies related products and services, including the distribution of power and industrial electrical products, along with technical services for process control and power distribution systems. Swift Energy was incorporated in 2022 and headquartered in Kuala Lumpur, Malaysia.

Utilisation of Proceeds:

Purpose Amount (RM'000) %
Expansion Expansion of fabrication facility, storage, office and new R&D centre 0 0
Expansion Setting up a dedicated R&D centre 0 0
Expansion Business expansion 0 0
Expansion Purchase of machineries, equipment and software 0 0
Working capital Working capital 0 0
Listing expenses Estimated listing expenses 0 0
Total 0 100
Market: ACE
Principal Adviser: M&A Securities Sdn Bhd
Issuing House: Tricor Investor & Issuing House (TIIH)
Shariah Status: SC (Yes)
Price: 0.28
Est. PE Ratio: 23.53
    PE (FYE): 23.53
    PE (FPE Annualised): -
    PE (Hybrid): -
MITI allocation?: Yes
MITI Application Open Date: 09-Sep-2024
MITI Application Close Date: 14-Sep-2024
Market Cap: 280.22 M
Number of Shares: 1,000.80 M
IPO Allocations No. of Shares %
Malaysian Public 50.04 M 5.0%
Bumiputera shareholders approved by MITI 125.10 M 12.5%
Eligible Directors and employees 50.04 M 5.0%
Private placement to selected investors and others 75.06 M 7.5%
Total Allocations 300.24 M 30.0%

Offer for Sales of 50.04 M existing shares representing 5.0% enlarged shares.

Public Issue of 250.20 M new shares representing 25.0% enlarged shares.

Median Sectors PE:
Median Peers PE:

Future IPO


TUC Holdings Berhad TUC Holdings Berhad

TUC is an investment holding company. Through its subsidiaries, TUC is principally involved in the supply of smart meters, manufacturing and integration of electrical systems, distribution of electrical products and other related activities such as supply of fibre-reinforced polymer cross-arms for power transmission power, provision of consultation services mainly concerning communications protocol for smart meters in Malaysia, and supply and installation of communication devices.

Market: ACE
Principal Adviser: Kenanga Investment Bank Berhad
Issuing House: Malaysian Issuing House (MIH)
Shariah Status: N/A
MITI allocation?: No
Number of Shares: 609.00 M
IPO Allocations No. of Shares %
Malaysian Public 30.45 M 5.0%
Eligible Directors and employees 5.2 M 0.85%
Private placement to selected investors and others 120.506 M 19.79%
Total Allocations 156.16 M 25.64%
Median Sectors PE:
Median Peers PE:
Paragrene Land Berhad Paragrene Land Berhad

Paragrene Land is an investment holding company while its subsidiaries are principally involved in property development, where it develops and sells residential and mixed-use properties.

Market: MAIN
Principal Adviser: MIDF Amanah Investment Bank Berhad
Issuing House: Tricor Investor & Issuing House (TIIH)
Shariah Status: SC (Yes)
MITI allocation?: Yes
Number of Shares: 1,180.00 M
IPO Allocations No. of Shares %
Malaysian Public 26.00 M 2.2%
Bumiputera shareholders approved by MITI 147.50 M 12.5%
Private placement to selected investors and others 42.554 M 3.61%
Total Allocations 216.05 M 18.31%
Median Sectors PE:
Median Peers PE:
Readycare Holdings Berhad Readycare Holdings Berhad

Readycare Holdings is an investment holding company. Its subsidiaries are principally involved in developing, manufacturing and supplying of household care products as well as private labels for retail customers.

Market: ACE
Principal Adviser: MIDF Amanah Investment Bank Berhad
Issuing House: Tricor Investor & Issuing House (TIIH)
Shariah Status: SC (Yes)
MITI allocation?: Yes
Number of Shares: 202.00 M
IPO Allocations No. of Shares %
Malaysian Public 11.00 M 5.45%
Bumiputera shareholders approved by MITI 25.25 M 12.5%
Eligible Directors and employees 4.59 M 2.27%
Private placement to selected investors and others 17.75 M 8.79%
Total Allocations 58.59 M 29.0%
Median Sectors PE:
Wastech Resources Berhad Wastech Resources Berhad

Wastech Group is principally involved in the manufacturing of specialty fertilisers and design, supply and installation of agriculture and landscape irrigation systems.

Market: ACE
Principal Adviser: Malacca Securities Sdn Bhd
Issuing House: Tricor Investor & Issuing House (TIIH)
Shariah Status: N/A
MITI allocation?: Yes
Number of Shares: 480.00 M
IPO Allocations No. of Shares %
Malaysian Public 24.00 M 5.0%
Bumiputera shareholders approved by MITI 60.00 M 12.5%
Eligible Directors and employees 24.0 M 5.0%
Private placement to selected investors and others 36.0 M 7.5%
Total Allocations 144.00 M 30.0%
Median Sectors PE:
ETA World Group Berhad ETA World Group Berhad

ETA World is principally involved in industrial property builders providing turnkey solutions specialising in the design and building of industrial buildings and trading of building materials.

Market: ACE
Principal Adviser: Inter-Pacific Securities Sdn Bhd
Issuing House: Malaysian Issuing House (MIH)
Shariah Status: N/A
MITI allocation?: Yes
Number of Shares: 429.92 M
IPO Allocations No. of Shares %
Malaysian Public 21.50 M 5.0%
Bumiputera shareholders approved by MITI 53.74 M 12.5%
Eligible Directors and employees 1.8 M 0.42%
Private placement to selected investors and others 34.862 M 8.11%
Total Allocations 111.90 M 26.03%
Median Sectors PE:
Median Peers PE:
Hikmat Duta Holdings Berhad Hikmat Duta Holdings Berhad

HDHB Group is principally involved in the provision of water supply and sewerage engineering works and other civil engineering works.

Market: ACE
Principal Adviser: M&A Securities Sdn Bhd
Issuing House: Tricor Investor & Issuing House (TIIH)
Shariah Status: Yes
MITI allocation?: No
Number of Shares: 336.94 M
IPO Allocations No. of Shares %
Malaysian Public 16.85 M 5.0%
Eligible Directors and employees 10.109 M 3.0%
Private placement to selected investors and others 74.127 M 22.0%
Total Allocations 101.08 M 30.0%
Median Sectors PE:
Median Peers PE:
TTL Holdings Berhad TTL Holdings Berhad

TTL and its subsidiaries are principally a machinery and equipment rental services provider with a focus on light machinery and equipment.

Market: ACE
Principal Adviser: M&A Securities Sdn Bhd
Issuing House: Tricor Investor & Issuing House (TIIH)
Shariah Status: Yes
MITI allocation?: Yes
Number of Shares: 1,001.57 M
IPO Allocations No. of Shares %
Malaysian Public 50.08 M 5.0%
Bumiputera shareholders approved by MITI 125.20 M 12.5%
Eligible Directors and employees 20.032 M 2.0%
Private placement to selected investors and others 155.243 M 15.5%
Total Allocations 350.55 M 35.0%
Median Sectors PE:
Leader Energy Holding Berhad Leader Energy Holding Berhad

Leader Energy together with its subsidiaries and jointly controlled entities, is an independent power producer primarily engaged in the development, ownership, operation and maintenance of power assets and projects.

Market: Main
Principal Adviser: Affin Hwang Investment Bank Berhad RHB Investment Bank Berhad
Issuing House: Tricor Investor & Issuing House (TIIH)
Shariah Status: N/A
MITI allocation?: No
Number of Shares: 3,550.00 M
IPO Allocations No. of Shares %
Malaysian Public 71.00 M 2.0%
Eligible Directors and employees 5.5 M 0.15%
Private placement to selected investors and others 250.0 M 7.04%
Total Allocations 326.50 M 9.2%

Offer for Sales of 250.00 M existing shares representing 7.04% enlarged shares.

Public Issue of 750.00 M new shares representing 21.13% enlarged shares.

Median Sectors PE:
Median Peers PE:
CMGI Berhad CMGI Berhad

CMGI is an investment holding company. Through its subsidiaries, CMGI is principally involved in information and communications technology (ICT) managed services for food and beverage (F&B) service management system and healthcare information system (HIS), as well as system development and other services.

Market: ACE
Principal Adviser: MIDF Amanah Investment Bank Berhad
Issuing House: Tricor Investor & Issuing House (TIIH)
Shariah Status: Yes
MITI allocation?: Yes
Number of Shares: 671.00 M
IPO Allocations No. of Shares %
Malaysian Public 33.55 M 5.0%
Bumiputera shareholders approved by MITI 83.88 M 12.5%
Eligible Directors and employees 11.3004 M 1.68%
Private placement to selected investors and others 48.3746 M 7.21%
Total Allocations 177.10 M 26.39%

Offer for Sales of 67.10 M existing shares representing 10.0% enlarged shares.

Public Issue of 110.00 M new shares representing 16.39% enlarged shares.

Median Sectors PE:
Median Peers PE:
Winstar Capital Berhad Winstar Capital Berhad

Winstar and its subsidiaries are principally involved in aluminium extrusion and fabrication as well as trading and distribution of building materials.

Utilisation of Proceeds:

Purpose Amount (RM'000) %
Working capital Working capital requirements 0 0
Others Purchase of new aluminium extrusion press machines and equipment 0 0
Listing expenses Defray fees and expenses relating to our listing 0 0
Total 0 100
Market: ACE
Principal Adviser: TA Securities Holdings Berhad
Issuing House: Malaysian Issuing House (MIH)
Shariah Status: SC (Yes)
MITI allocation?: No
Number of Shares: 290.00 M
IPO Allocations No. of Shares %
Malaysian Public 14.50 M 5.0%
Eligible Directors and employees 15.95 M 5.5%
Private placement to selected investors and others 43.5 M 15.0%
Total Allocations 73.95 M 25.5%

Offer for Sales of 17.40 M existing shares representing 6.0% enlarged shares.

Public Issue of 56.55 M new shares representing 19.5% enlarged shares.

Median Sectors PE:
Median Peers PE:
RichTech Digital Berhad RichTech Digital Berhad

RichTech and its subsidiary ("RichTech Group") is principally involved in the distribution of electronic reloads as well as the provision of bill payment services via RichTech Group's platform.

Utilisation of Proceeds:

Purpose Amount (RM'000) %
Expansion Acquisition of new office 0 0
Working capital General working capital 0 0
Others Marketing and promotional activities 0 0
Listing expenses Estimated listing expenses 0 0
Total 0 100
Market: ACE
Principal Adviser: KAF Investment Bank Berhad
Issuing House: Tricor Investor & Issuing House (TIIH)
Shariah Status: N/A
MITI allocation?: No
Number of Shares: 202.45 M
IPO Allocations No. of Shares %
Malaysian Public 10.12 M 5.0%
Eligible Directors and employees 1.55 M 0.77%
Private placement to selected investors and others 68.297 M 33.73%
Total Allocations 79.97 M 39.5%

Offer for Sales of 25.31 M existing shares representing 12.5% enlarged shares.

Public Issue of 54.66 M new shares representing 27.0% enlarged shares.

Median Sectors PE:
Median Peers PE:
Wawasan Dengkil Holdings Berhad Wawasan Dengkil Holdings Berhad

Wawasan Dengkil Holdings Berhad (WDHB) is focusing on providing comprehensive construction services. The company specializes in earthworks and civil engineering activities, including site clearing, drainage system installation, and roadworks, supporting diverse projects such as residential developments, renewable energy facilities, and commercial infrastructures. WDHB also engages in the trading of essential construction materials, including sand, stone, and earth, alongside offering rental services for a wide range of machinery and commercial vehicles, such as bulldozers, excavators, and tipper trucks. Through these integrated operations, WDHB caters to a broad client base, encompassing property developers, renewable energy enterprises, and government-linked organizations. WDHB was incorporated in 2023 and headquartered in Dengkil, Selangor, Malaysia.

Utilisation of Proceeds:

Purpose Amount (RM'000) %
Expansion Purchase of machineries and commercial vehicles 0 0
Working capital Project working capital 0 0
Working capital General working capital 0 0
Others Office renovations 0 0
Listing expenses Estimated listing expenses 0 0
Total 0 100
Market: ACE
Principal Adviser: M&A Securities Sdn Bhd
Issuing House: Tricor Investor & Issuing House (TIIH)
Shariah Status: SC (Yes)
MITI allocation?: Yes
Number of Shares: 540.13 M
IPO Allocations No. of Shares %
Malaysian Public 27.01 M 5.0%
Bumiputera shareholders approved by MITI 67.52 M 12.5%
Eligible Directors and employees 10.803 M 2.0%
Private placement to selected investors and others 56.711 M 10.5%
Total Allocations 162.04 M 30.0%

Offer for Sales of 54.01 M existing shares representing 10.0% enlarged shares.

Public Issue of 108.03 M new shares representing 20.0% enlarged shares.

Median Sectors PE:
Median Peers PE:
Vanzo Holdings Berhad Vanzo Holdings Berhad

Vanzo and its subsidiary ("Vanzo Group") is principally involved in the design, marketing and sale of air fragrance and fragrance-related products.

Utilisation of Proceeds:

Purpose Amount (RM'000) %
Expansion Business expansion and marketing activities 0 0
Working capital Working Capital 0 0
Listing expenses Estimated listing expenses 0 0
Total 0 100
Market: ACE
Principal Adviser: M&A Securities Sdn Bhd
Issuing House: Tricor Investor & Issuing House (TIIH)
Shariah Status: SC (Yes)
MITI allocation?: No
Number of Shares: 466.75 M
IPO Allocations No. of Shares %
Malaysian Public 23.34 M 5.0%
Eligible Directors and employees 23.338 M 5.0%
Private placement to selected investors and others 93.35 M 20.0%
Total Allocations 140.03 M 30.0%

Offer for Sales of 46.67 M existing shares representing 10.0% enlarged shares.

Public Issue of 93.35 M new shares representing 20.0% enlarged shares.

Median Sectors PE:
Colform Group Berhad Colform Group Berhad

Colform is an investment holding company and through its subsidiaries, the Group is principally involved in manufacturing of downstream steel products and processing of steel coils, trading of other downstream steel products and building materials and provision of supply and installation services and project management services for construction projects.

Utilisation of Proceeds:

Purpose Amount (RM'000) %
Expansion Business expansion to Peninsular Malaysia 0 0
Working capital Working capital 0 0
Others Setting up colour coil coating production line and construction of storage facility 0 0
Listing expenses Estimated listing expenses 0 0
Total 0 100
Market: ACE
Principal Adviser: Mercury Securities Sdn Bhd
Issuing House: Tricor Investor & Issuing House (TIIH)
Shariah Status: SC (Yes)
MITI allocation?: Yes
Number of Shares: 600.00 M
IPO Allocations No. of Shares %
Malaysian Public 30.00 M 5.0%
Bumiputera shareholders approved by MITI 75.00 M 12.5%
Eligible Directors and employees 6.0 M 1.0%
Private placement to selected investors and others 57.424 M 9.57%
Total Allocations 168.42 M 28.07%

Offer for Sales of 54.00 M existing shares representing 9.0% enlarged shares.

Public Issue of 114.42 M new shares representing 19.07% enlarged shares.

Median Sectors PE:
Median Peers PE:
TOPVISION Eye Specialist Berhad TOPVISION Eye Specialist Berhad

TOPVISION Eye Specialist Berhad specializes in providing medical eye care services, focusing on ambulatory care for various eye diseases, including cataracts, vitreoretinal diseases, and glaucoma, through its network of 10 Ambulatory Care Centers (ACCs) across Peninsular Malaysia. Additionally, TOPVISION offers general eye health supplements through its subsidiary, TOPWELLNESS, and engages in community outreach programs such as free cataract surgeries. Its product portfolio includes implantable lenses, surgical consumables, and medications sourced from local suppliers to primarily cater to Malaysian patients. TOPVISION was incorporated in 2018 and is headquartered in Setia Alam, Selangor, Malaysia.

Utilisation of Proceeds:

Purpose Amount (RM'000) %
Expansion Establishment of TOPVISION International 0 0
Expansion Establishment of TOPVISION Kuala Terengganu and Tawau 0 0
Others Purchase of machines 0 0
Listing expenses Estimated expenses for Transfer of Listing 0 0
Total 0 100
Market: ACE
Principal Adviser: Hong Leong Investment Bank Berhad
Issuing House: Tricor Investor & Issuing House (TIIH)
Shariah Status: SC (Yes)
MITI allocation?: No
Number of Shares: 309.82 M
IPO Allocations No. of Shares %
Malaysian Public 15.49 M 5.0%
Eligible Directors and employees 4.8 M 1.55%
Private placement to selected investors and others 33.928 M 10.95%
Total Allocations 54.22 M 17.5%

Public Issue of 54.22 M new shares representing 17.5% enlarged shares.

Median Sectors PE:
Median Peers PE:
TMK Chemical Bhd TMK Chemical Bhd

TMK Chemical and its subsidiaries (collectively, the "Group"), the Group is principally involved in the provision of total chemical management comprising sourcing, processing and distribution of inorganic chemicals, value-added services such as quality control inspection, pre-sales and after-sales support services, as well as the provision of chemical terminal services which encompasses bulk storage services.

Utilisation of Proceeds:

Purpose Amount (RM'000) %
Expansion Expansion of our Banting Plant 1 0 0
Working capital Working capital 0 0
Others Construction costs of a new facility 0 0
Others Acquisitions of the companies 0 0
Listing expenses Defray fees and expenses relating to our IPO and Listing 0 0
Total 0 100
Market: Main
Principal Adviser: Maybank Investment Bank Berhad
Issuing House: Tricor Investor & Issuing House (TIIH)
Shariah Status: N/A
MITI allocation?: No
Number of Shares: 1,000.00 M
IPO Allocations No. of Shares %
Malaysian Public 20.00 M 2.0%
Eligible Directors and employees 10.0 M 1.0%
Private placement to selected investors and others 190.0 M 19.0%
Total Allocations 220.00 M 22.0%

Public Issue of 220.00 M new shares representing 22.0% enlarged shares.

Median Sectors PE:
Median Peers PE:
West River Berhad West River Berhad

West River is an investment holding company and through its subsidiaries, the Group provide mechanical & electrical ("M&E") engineering service and principally involved in the provision of electrical engineering and ACMV (air-conditioning and mechanical ventilation) and provision of green building solutions. The Group also manufacture electrical panels and distribution boards, primarily to support its M&E engineering services projects and sale to third party.

Utilisation of Proceeds:

Purpose Amount (RM'000) %
Expansion Purchase of land and construction of newmanufacturing factory cum warehouse 0 0
Working capital General working capital 0 0
Listing expenses Listing expenses 0 0
Total 0 100
Market: ACE
Principal Adviser: M&A Securities Sdn Bhd
Issuing House: Tricor Investor & Issuing House (TIIH)
Shariah Status: N/A
MITI allocation?: Yes
Number of Shares: 357.70 M
IPO Allocations No. of Shares %
Malaysian Public 17.89 M 5.0%
Bumiputera shareholders approved by MITI 44.71 M 12.5%
Eligible Directors and employees 8.943 M 2.5%
Private placement to selected investors and others 35.77 M 10.0%
Total Allocations 107.31 M 30.0%

Offer for Sales of 35.77 M existing shares representing 10.0% enlarged shares.

Public Issue of 71.54 M new shares representing 20.0% enlarged shares.

Median Sectors PE:
Median Peers PE:
Saliran Group Berhad Saliran Group Berhad

Saliran is an investment holding company and through its subsidiaries, the Group is principally involved in the supply and distribution of pipes, fittings and flanges as well as steel products primarily for the oil and gas industry. The Group is also involved in the manufacturing of fittings and flanges.

Utilisation of Proceeds:

Purpose Amount (RM'000) %
Expansion Establishment of a sales office in Indonesia 0 0
Expansion Purchase of machinery and delivery trucks 0 0
Working capital General working capital 0 0
Listing expenses Estimated listing expenses 0 0
Total 0 100
Market: ACE
Principal Adviser: Malacca Securities Sdn Bhd
Issuing House: Tricor Investor & Issuing House (TIIH)
Shariah Status: SC (No)
MITI allocation?: Yes
Number of Shares: 382.90 M
IPO Allocations No. of Shares %
Malaysian Public 19.14 M 5.0%
Bumiputera shareholders approved by MITI 47.86 M 12.5%
Eligible Directors and employees 7.658 M 2.0%
Private placement to selected investors and others 44.025 M 11.5%
Total Allocations 118.69 M 31.0%

Offer for Sales of 38.29 M existing shares representing 10.0% enlarged shares.

Public Issue of 80.40 M new shares representing 21.0% enlarged shares.

Median Sectors PE:
Median Peers PE:
Sumisaujana Group Berhad Sumisaujana Group Berhad

Sumisaujana is an investment holding company and through its subsidiary, the Group is principally involved in the manufacturing of oil and gas specialty chemicals, trading of oil and gas specialty and industrial chemicals and provision of related support services.

Utilisation of Proceeds:

Purpose Amount (RM'000) %
Expansion Acquisitions of the New Puncak Alam Warehouseand New Puncak Alam Corporate Office 0 0
Expansion Acquisition of the existing Puncak Alam Factory 0 0
Expansion Capital expenditure 0 0
Expansion Expansion of R&D division 0 0
Working capital Working capital requirements 0 0
Listing expenses Estimated listing expenses 0 0
Total 0 100
Market: ACE
Principal Adviser: RHB Investment Bank Berhad
Issuing House: Tricor Investor & Issuing House (TIIH)
Shariah Status: N/A
MITI allocation?: Yes
Number of Shares: 1,443.60 M
IPO Allocations No. of Shares %
Malaysian Public 72.50 M 5.02%
Bumiputera shareholders approved by MITI 180.45 M 12.5%
Eligible Directors and employees 24.4 M 1.69%
Private placement to selected investors and others 122.6498 M 8.5%
Total Allocations 400.00 M 27.71%

Offer for Sales of 90.00 M existing shares representing 6.23% enlarged shares.

Public Issue of 310.00 M new shares representing 21.47% enlarged shares.

Median Sectors PE:
Median Peers PE:
Chemlite Innovation Berhad Chemlite Innovation Berhad

Chemlite and its subsidiary are principally involved in the provision of surface finishing treatment services i.e. metal plating and non-metal plating.

Utilisation of Proceeds:

Purpose Amount (RM'000) %
Expansion Expansion of Group's facility 0 0
Expansion Set-up of cleanrooms 0 0
Expansion Capital expenditure on machineries and equipment 0 0
Expansion Establish a research and development department 0 0
Working capital Working capital 0 0
Listing expenses Estimated listing expenses 0 0
Total 0 100
Market: ACE
Principal Adviser: UOB Kay Hian Securities (M) Sdn Bhd
Issuing House: Tricor Investor & Issuing House (TIIH)
Shariah Status: N/A
MITI allocation?: No
Number of Shares: 600.00 M
IPO Allocations No. of Shares %
Malaysian Public 30.00 M 5.0%
Eligible Directors and employees 21.0 M 3.5%
Private placement to selected investors and others 129.0 M 21.5%
Total Allocations 180.00 M 30.0%

Offer for Sales of 60.00 M existing shares representing 10.0% enlarged shares.

Public Issue of 120.00 M new shares representing 20.0% enlarged shares.

Median Sectors PE:
Pantech Global Berhad Pantech Global Berhad

Pantech Global is principally an investment holding company. Through its proposed subsidiaries (collectively, the "Group''), the Group is principally involved in manufacturing of welded pipes and butt weld pipe fittings, and provision of related products and services.

Utilisation of Proceeds:

Purpose Amount (RM'000) %
Expansion Business expansion 0 0
Expansion Capital expenditure 0 0
Working capital Working capital 0 0
Listing expenses Estimated listing expenses 0 0
Total 0 100
Market: Main
Principal Adviser: Alliance Islamic Bank Berhad
Issuing House: Malaysian Issuing House (MIH)
Shariah Status: SC (Yes)
MITI allocation?: Yes
Number of Shares: 850.00 M
IPO Allocations No. of Shares %
Malaysian Public 21.25 M 2.5%
Bumiputera shareholders approved by MITI 106.25 M 12.5%
Eligible Directors and employees 29.75 M 3.5%
Private placement to selected investors and others 69.978 M 8.23%
Total Allocations 227.23 M 26.73%

Public Issue of 262.23 M new shares representing 30.85% enlarged shares.

Median Sectors PE:
WTEC Group Berhad WTEC Group Berhad

WTEC Group and its subsidiaries (the “Group”) are primarily involved in the manufacturing and trading of foam and non-foam products.

Utilisation of Proceeds:

Purpose Amount (RM'000) %
Expansion Purchase and renovation of New Factory 0 0
Expansion Purchase of new machinery and equipment 0 0
Expansion Sales and marketing expenses 0 0
Working capital Working capital 0 0
Listing expenses Estimated listing expenses 0 0
Total 0 100
Market: ACE
Principal Adviser: Alliance Islamic Bank Berhad
Issuing House: Tricor Investor & Issuing House (TIIH)
Shariah Status: N/A
MITI allocation?: Yes
Number of Shares: 480.00 M
IPO Allocations No. of Shares %
Malaysian Public 24.00 M 5.0%
Bumiputera shareholders approved by MITI 60.00 M 12.5%
Eligible Directors and employees 9.6 M 2.0%
Private placement to selected investors and others 39.768 M 8.29%
Total Allocations 133.37 M 27.79%

Offer for Sales of 43.20 M existing shares representing 9.0% enlarged shares.

Public Issue of 90.17 M new shares representing 18.79% enlarged shares.

Median Sectors PE:
Eplas Global Berhad Eplas Global Berhad

Eplas Global and its subsidiaries are principally involved in the marketing, distribution and sale of houseware products.

Utilisation of Proceeds:

Purpose Amount (RM'000) %
Expansion Capital expenditure for setting up of manufacturing operations 0 0
Working capital Working capital for the manufacturing operations 0 0
Working capital Working capital for current operations 0 0
Listing expenses Estimated listing expenses 0 0
Total 0 100
Market: ACE
Principal Adviser: Malacca Securities Sdn Bhd
Issuing House: Tricor Investor & Issuing House (TIIH)
Shariah Status: N/A
MITI allocation?: Yes
Number of Shares: 450.00 M
IPO Allocations No. of Shares %
Malaysian Public 22.50 M 5.0%
Bumiputera shareholders approved by MITI 56.25 M 12.5%
Eligible Directors and employees 4.5 M 1.0%
Private placement to selected investors and others 42.75 M 9.5%
Total Allocations 126.00 M 28.0%

Offer for Sales of 36.00 M existing shares representing 8.0% enlarged shares.

Public Issue of 90.00 M new shares representing 20.0% enlarged shares.

Median Sectors PE:
Median Peers PE:
PEOPLElogy Berhad PEOPLElogy Berhad

PEOPLElogy and its subsidiaries are principally involved in the provision of integrated people development solutions, which includes organisational talent consultancy and profile assessment services, ICT, soft skills and leadership training services, IR4.0 digital skills and certification services as well as learning and performance management system.

Utilisation of Proceeds:

Purpose Amount (RM'000) %
Expansion Establish a Cyber Range computer simulation lab 0 0
Expansion Expansion through strategic investments, mergers and acquisitions opportunities 0 0
Expansion R&D of software 0 0
Expansion Expansion of offices and training centers in East Malaysia 0 0
Expansion Expansion of offices and training centres in Indonesia and Philippines 0 0
Expansion Setting up regional office in Singapore 0 0
Working capital General working capital 0 0
Listing expenses Estimated listing expenses 0 0
Total 0 100
Market: ACE
Principal Adviser: Kenanga Investment Bank Berhad
Issuing House: Malaysian Issuing House (MIH)
Shariah Status: N/A
MITI allocation?: Yes
Number of Shares: 411.72 M
IPO Allocations No. of Shares %
Malaysian Public 20.59 M 5.0%
Bumiputera shareholders approved by MITI 51.46 M 12.5%
Eligible Directors and employees 12.3515 M 3.0%
Private placement to selected investors and others 20.5978 M 5.0%
Total Allocations 105.00 M 25.5%

Public Issue of 105.00 M new shares representing 25.5% enlarged shares.

Median Sectors PE:
Median Peers PE:
Express Powerr Solutions Express Powerr Solutions

Express Powerr and its subsidiaries are principally involved in the provision of generator rental services and other related services.

Utilisation of Proceeds:

Purpose Amount (RM'000) %
Expansion Purchase of large-sized generators 0 0
Expansion Purchase of medium and high voltage equipment 0 0
Working capital General working capital 0 0
Listing expenses Estimated listing expenses 0 0
Total 0 100
Market: ACE
Principal Adviser: Mercury Securities Sdn Bhd
Issuing House: Malaysian Issuing House (MIH)
Shariah Status: N/A
MITI allocation?: Yes
Number of Shares: 730.68 M
IPO Allocations No. of Shares %
Malaysian Public 36.54 M 5.0%
Bumiputera shareholders approved by MITI 91.34 M 12.5%
Eligible Directors and employees 25.574 M 3.5%
Private placement to selected investors and others 58.449 M 8.0%
Total Allocations 211.90 M 29.0%

Offer for Sales of 40.19 M existing shares representing 5.5% enlarged shares.

Public Issue of 160.75 M new shares representing 22.0% enlarged shares.

Median Sectors PE:
Lim Seong Hai Capital Berhad Lim Seong Hai Capital Berhad

The principal activity of LSH Capital is investment holding, while its subsidiaries are principally involved in construction and engineering works, provision of construction-related services and solutions, supply of building materials, lighting and related M&E products, hardware products and tools, rental of construction machinery and equipment as well as property development activities.

Utilisation of Proceeds:

Purpose Amount (RM'000) %
Working capital Working capital for our Group’s construction projects 0 0
Listing expenses Estimated expenses in relation to our Transfer of Listing 0 0
Total 0 100
Market: ACE
Principal Adviser: AmInvestment Bank Berhad
Issuing House: Malaysian Issuing House (MIH)
Shariah Status: SC (Yes)
MITI allocation?: Yes
Number of Shares: 838.36 M
IPO Allocations No. of Shares %
Malaysian Public 16.77 M 2.0%
Bumiputera shareholders approved by MITI 104.80 M 12.5%
Eligible Directors and employees 12.5754 M 1.5%
Private placement to selected investors and others 56.8624 M 6.78%
Total Allocations 191.00 M 22.78%

Offer for Sales of 59.00 M existing shares representing 7.04% enlarged shares.

Public Issue of 132.00 M new shares representing 15.75% enlarged shares.

Median Sectors PE:
Median Peers PE:
Signature Alliance Group Berhad Signature Alliance Group Berhad

SAG and its subsidiaries ("SAG Group") are principally involved in the provision of interior fitting-out services and building construction works.

Utilisation of Proceeds:

Purpose Amount (RM'000) %
Expansion Setup of corporate office and production facility in Selangor 0 0
Expansion Purchase of machinery and equipment 0 0
Expansion Expansion/ establishment of branch offices in Pulau Pinang and Johor 0 0
Working capital Working capital 0 0
Listing expenses Estimated listing expenses 0 0
Total 0 100
Market: ACE
Principal Adviser: M & A Securities Sdn Bhd
Issuing House: Tricor Investor & Issuing House (TIIH)
Shariah Status: N/A
MITI allocation?: Yes
Number of Shares: 1,000.00 M
IPO Allocations No. of Shares %
Malaysian Public 50.00 M 5.0%
Bumiputera shareholders approved by MITI 125.00 M 12.5%
Eligible Directors and employees 30.0 M 3.0%
Private placement to selected investors and others 35.0 M 3.5%
Total Allocations 240.00 M 24.0%

Public Issue of 260.00 M new shares representing 26.0% enlarged shares.

Median Sectors PE:
Median Peers PE:
Reach Ten Holdings Berhad Reach Ten Holdings Berhad

Reach Ten is an investment holding company and through its subsidiaries (collectively, “Reach Ten Group” or the “Group”), the Group is principally involved in provision of satellite-based communication networks and services, provision of fibre optic communication networks and services, and provision of telecommunications infrastructure services and managed services.

Utilisation of Proceeds:

Purpose Amount (RM'000) %
Expansion Expansion and establishment of fibre optic communication networks infrastructure 0 0
Expansion Construction of telecommunication towers 0 0
Expansion Enhancing our satellite-based communication networks and services capability 0 0
Working capital Working capital 0 0
Listing expenses Listing expenses 0 0
Total 0 100
Market: Main
Principal Adviser: M & A Securities Sdn Bhd
Issuing House: Tricor Investor & Issuing House (TIIH)
Shariah Status: N/A
MITI allocation?: Yes
Number of Shares: 1,000.00 M
IPO Allocations No. of Shares %
Malaysian Public 50.00 M 5.0%
Bumiputera shareholders approved by MITI 125.00 M 12.5%
Eligible Directors and employees 25.0 M 2.5%
Private placement to selected investors and others 100.0 M 10.0%
Total Allocations 300.00 M 30.0%

Offer for Sales of 100.00 M existing shares representing 10.0% enlarged shares.

Public Issue of 200.00 M new shares representing 20.0% enlarged shares.

Median Sectors PE:
Median Peers PE:
SPB Development Berhad SPB Development Berhad

SPB Development is an investment holding company and through its proposed subsidiaries (collectively, "Group''), the Group will be principally involved in property development, property ownership and building contractors.

Utilisation of Proceeds:

Purpose Amount (RM'000) %
Expansion Acquisition of landbank and/or development expenditure 0 0
Expansion Purchase of aluminium formwork 0 0
Working capital Working capital for future development projects 0 0
Listing expenses Estimated listing expenses 0 0
Total 0 100
Market: Main
Principal Adviser: Hong Leong Investment Bank Berhad
Issuing House: Tricor Investor & Issuing House (TIIH)
Shariah Status: N/A
MITI allocation?: Yes
Number of Shares: 928.00 M
IPO Allocations No. of Shares %
Malaysian Public 18.56 M 2.0%
Bumiputera shareholders approved by MITI 116.00 M 12.5%
Eligible Directors and employees 28.4401 M 3.06%
Private placement to selected investors and others 115.3999 M 12.44%
Total Allocations 278.40 M 30.0%

Public Issue of 278.40 M new shares representing 30.0% enlarged shares.

Median Sectors PE:
Median Peers PE:
Fibromat Fibromat

Fibromat and its subsidiary ("Group") are principally involved in the provision of geotechnical solutions for erosion control, ground improvement, as well as sediment control, filtration and containment lining.

Utilisation of Proceeds:

Purpose Amount (RM'000) %
Expansion Purchase of machinery 0 0
Working capital Working capital 0 0
Listing expenses Estimated listing expenses 0 0
Total 0 100
Market: ACE
Principal Adviser: M & A Securities Sdn Bhd
Issuing House: Malaysian Issuing House (MIH)
Shariah Status: Yes
MITI allocation?: Yes
Number of Shares: 248.28 M
IPO Allocations No. of Shares %
Malaysian Public 12.41 M 5.0%
Bumiputera shareholders approved by MITI 31.03 M 12.5%
Eligible Directors and employees 6.207 M 2.5%
Private placement to selected investors and others 7.448 M 3.0%
Total Allocations 57.10 M 23.0%

Offer for Sales of 24.83 M existing shares representing 10.0% enlarged shares.

Public Issue of 32.28 M new shares representing 13.0% enlarged shares.

Median Sectors PE:
Cuckoo International Cuckoo International

Cuckoo International (Mal) Berhad is a dynamic company committed to promote healthy lifestyles through its diverse range of home appliances and household goods. The company primarily focuses on the manufacturing and distribution of innovative products, including water purifiers and air purifiers, while also offering rental and maintenance services for these items. In addition to its core offerings, Cuckoo has expanded into skincare and nutritional food products, along with home care services. The business operates across four segments: CUCKOO-branded products, CUCKOO Co-Created items, and the WonderLab and WonderDewi brands, showcasing a comprehensive portfolio aimed at enhancing consumer well-being. Cuckoo International was incorporated in 2014 and headquartered in Malaysia.

Utilisation of Proceeds:

Purpose Amount (RM'000) %
Expansion Product purchase for expansion of rental business 0 0
Expansion Opening of ‘Brandshops’ 0 0
Expansion Upgrading of IT systems 0 0
Expansion Expansion of Singapore business 0 0
Listing expenses Estimated listing expenses 0 0
Total 0 100
Market: Main
Principal Adviser: RHB Investment Bank Berhad
Issuing House: Malaysian Issuing House (MIH)
Shariah Status: N/A
MITI allocation?: Yes
Number of Shares: 1,432.80 M
IPO Allocations No. of Shares %
Malaysian Public 28.66 M 2.0%
Bumiputera shareholders approved by MITI 179.10 M 12.5%
Eligible Directors and employees 14.328 M 1.0%
Private placement to selected investors and others 143.28 M 10.0%
Total Allocations 365.36 M 25.5%

Offer for Sales of 222.08 M existing shares representing 15.5% enlarged shares.

Public Issue of 143.28 M new shares representing 10.0% enlarged shares.

Median Sectors PE:
Median Peers PE:
ICT Zone Asia Berhad ICT Zone Asia Berhad

The Group is principally involved in the provision of technology financing solutions, trading of information and communication technology (“ICT”) hardware and software, ICT services, and cloud solutions and services.

Utilisation of Proceeds:

Purpose Amount (RM'000) %
Expansion Expansion of the technology financing solutions business 0 0
Expansion Sales and marketing expenditures 0 0
Listing expenses Estimated listing expenses 0 0
Total 0 100
Market: ACE
Principal Adviser: Malacca Securities Sdn Bhd
Issuing House: Malaysian Issuing House (MIH)
Shariah Status: Yes
MITI allocation?: Yes
Number of Shares: 795.45 M
IPO Allocations No. of Shares %
Malaysian Public 39.77 M 5.0%
Bumiputera shareholders approved by MITI 99.43 M 12.5%
Eligible Directors and employees 4.1364 M 0.52%
Private placement to selected investors and others 44.5724 M 5.6%
Total Allocations 187.91 M 23.62%

Offer for Sales of 54.91 M existing shares representing 6.9% enlarged shares.

Public Issue of 133.00 M new shares representing 16.72% enlarged shares.

Median Sectors PE:
Median Peers PE:
Oasis Home Holding Berhad Oasis Home Holding Berhad

Oasis Home Holding Berhad is focusing on marketing and selling a variety of consumer lifestyle products through both online and offline channels. Key products include home and living, beauty and personal care, and wellness items, available under in-house brands and third-party suppliers. The company leverages live commerce, its mobile app, and website as main sales channels, while also utilizing e-commerce platforms like Lazada, Shopee, and TikTok Shop. Within offline, Oasis Home operates through product experience centers, a mobile showroom, and warehouse sales. Products are sourced from both local and international manufacturers, with a particular emphasis on unique international offerings that cater to current market trends and preferences. Oasis Home was incorporated in 2021 and headquartered in Puchong, Selangor, Malaysia.

Utilisation of Proceeds:

Purpose Amount (RM'000) %
Expansion Expansion of live commerce sales channel 0 46.52
Expansion Set-up of own fulfilment centre 0 15.65
Expansion Set-up of New HQ 0 8.7
Working capital Working capital 0 10
Listing expenses Estimated listing expenses 0 19.13
Total 0 100
Market: ACE
Principal Adviser: MIDF Amanah Investment Bank Berhad
Issuing House: Malaysian Issuing House (MIH)
Shariah Status: N/A
MITI allocation?: Yes
Median Sectors PE:
ASM Automation Group Berhad ASM Automation Group Berhad

ASM Automation Group Berhad is specializes in automation machinery solutions, primarily catering to the F&B manufacturing industry. The company designs, develops, fabricates, installs, tests, and commissions machinery that automates both manufacturing (front-of-line, or FOL) and packaging (end-of-line, or EOL) processes. Its FOL solutions are used in producing snacks, confectionery, and cereals, while EOL solutions support the packaging of these and other products, including coffee, flour, currency notes, and poultry. ASM provides end-to-end support, from custom design and programming to module integration and testing. Beyond automation, the company offers complementary technical support services like maintenance, modifications, and spare parts supply, and can create custom-built equipment when needed. The company delivers advanced manufacturing automation to a wide range of industries, serving clients both locally and internationally. ASM was incorporated in 2024 and headquartered in Ipoh, Perak, Malaysia.

Utilisation of Proceeds:

Purpose Amount (RM'000) %
Expansion Acquisition of land and construction of a new factory 0 0
Expansion Purchase of machines, equipment and components for the assembly of demonstration machinerie 0 0
Working capital Working capital 0 0
Others D&D activities 0 0
Listing expenses Estimated listing expenses 0 0
Total 0 100
Market: ACE
Principal Adviser: M & A Securities Sdn Bhd
Issuing House: Malaysian Issuing House (MIH)
Shariah Status: N/A
MITI allocation?: Yes
Number of Shares: 534.76 M
IPO Allocations No. of Shares %
Malaysian Public 26.74 M 5.0%
Bumiputera shareholders approved by MITI 66.85 M 12.5%
Eligible Directors and employees 10.969 M 2.05%
Private placement to selected investors and others 77.539 M 14.5%
Total Allocations 182.09 M 34.05%

Offer for Sales of 53.48 M existing shares representing 10.0% enlarged shares.

Public Issue of 128.34 M new shares representing 24.0% enlarged shares.

Median Sectors PE:
HI Mobility Berhad HI Mobility Berhad

HI Mobility Berhad focusing on comprehensive bus transportation services through its subsidiary, Handal Indah Sdn. Bhd. The company operates a range of scheduled and non-scheduled bus services, including cross-border routes between Johor Bahru and Singapore, as well as intracity services within Johor, Melaka, the Klang Valley, and parts of Singapore. Additionally, it provides intercity services linking various Malaysian cities. HI Mobility also caters to corporate, tourism, and community needs through chartered bus services that allow for customized routes and schedules. Beyond transportation, the company diversifies its operations by offering maintenance and repair services for its fleet and advertising space on its buses, enhancing its revenue streams. HI Mobility was incorporated in 2024 and headquartered in Johor Bahru, Malaysia.

Utilisation of Proceeds:

Purpose Amount (RM'000) %
Expansion Bus fleet expansion and electrification 0 0
Expansion Expansion of EV charging infrastructure 0 0
Expansion Technological enhancement 0 0
Working capital Working capital 0 0
Listing expenses Defraying fees and expenses in relation to our IPO and Listing 0 0
Total 0 100
Market: Main
Principal Adviser: Maybank Investment Bank Berhad
Issuing House: Malaysian Issuing House (MIH)
Shariah Status: SC (Yes)
MITI allocation?: Yes
Number of Shares: 500.00 M
IPO Allocations No. of Shares %
Malaysian Public 10.00 M 2.0%
Bumiputera shareholders approved by MITI 62.50 M 12.5%
Eligible Directors and employees 5.0 M 1.0%
Private placement to selected investors and others 52.5 M 10.5%
Total Allocations 130.00 M 26.0%

Offer for Sales of 35.00 M existing shares representing 7.0% enlarged shares.

Public Issue of 95.00 M new shares representing 19.0% enlarged shares.

Median Sectors PE:
Median Peers PE:
Hartanah Kenyalang Berhad Hartanah Kenyalang Berhad

Hartanah Kenyalang Berhad is principally focuses on building construction services through its subsidiaries, Hartanah Construction, particularly institutional buildings like schools and other public buildings, as well as non-residential buildings. Additionally, it provides infrastructure construction services with a focus on bridges and roads in East Malaysia. As a registered CIDB G7 and SPKK G7 contractor, Hartanah undertakes high-value public sector projects, including collaborations with government-linked companies. Hartanah was incorporated in 2023 and headquarters in Kuching, Sarawak, Malaysia.

Utilisation of Proceeds:

Purpose Amount (RM'000) %
Expansion Purchase of machineries and IT related hardware and software 0 0
Working capital Project working capital 0 0
Listing expenses Defray fees and expenses relating to our Listing 0 0
Total 0 100
Market: ACE
Principal Adviser: TA Securities Holdings Berhad
Issuing House: Malaysian Issuing House (MIH)
Shariah Status:
MITI allocation?: No
Number of Shares: 620.00 M
IPO Allocations No. of Shares %
Malaysian Public 31.00 M 5.0%
Eligible Directors and employees 18.6 M 3.0%
Private placement to selected investors and others 148.8 M 24.0%
Total Allocations 198.40 M 32.0%

Offer for Sales of 77.50 M existing shares representing 12.5% enlarged shares.

Public Issue of 120.90 M new shares representing 19.5% enlarged shares.

Median Sectors PE:
Median Peers PE:

Informations above is based on draft prospectus exposure

IPO Tier Calculator


Name Listing Price IPO Closing Date Issuing House
logo Supreme Consolidated Resources Bhd 0.25 15-Nov-2024 Malaysian Issuing House (MIH)
logo Cropmate Berhad 0.20 22-Nov-2024 Tricor Investor & Issuing House (TIIH)


Recommended amount to subscribe:

Units to apply Tier Cost
100 1 RM 0.00
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2,100 4 RM 0.00
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4,100 6 RM 0.00
6,100 7 RM 0.00
11,100 8 RM 0.00
20,100 9 RM 0.00
50,100 10 RM 0.00
100,100 11 RM 0.00
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500,100 13 RM 0.00
1,000,100 14 RM 0.00
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5,000,100 16 RM 0.00
10,000,100 17 RM 0.00

IPO Sell Calculator

Buy Fees:
Buy Price:
Quantity (x100):
Avg. Sell Price:
Sell Fees:
Net Sell Amount:
Profit/Loss:
Profit/Loss %:
This calculator uses Malacca Securities (M+) cash upfront rate (min RM 8 or 0.08%) for all brokerage fee calculation.
Based on iSaham IPO Score 5 and above.

Average Performance (SO): 73.41% (Accuracy: 91.23%)

Average Performance (SC): 71.95% (Accuracy: 94.74%)

Average Performance (H): 134.88% (Accuracy: 78.95%)

SO - Sell First Day Open

SC - Sell First Day Close

H - Hold Until Now

Select columns required and click "Update" to save your preferences

General:


Listing Performance:


Share Allocations:


Proceeds Utilisation:


Date Price Symbol Listing Date Listing Price* Current Price SO Performance SC Performance H Performance IPO Score Market
2024-11-15 0.250 METRO 15-Nov-2024 0.250 0.225 2.00% 2.00% -10.00% 5 ACE
2024-11-13 0.650 LWSABAH 13-Nov-2024 0.650 0.860 18.46% 44.62% 32.31% 5 MAIN
2024-11-11 0.670 MEGAFB [NS] 11-Nov-2024 0.670 0.585 0.00% -2.24% -12.69% 2 MAIN
2024-11-11 0.780 AZAMJAYA 11-Nov-2024 0.780 1.01 28.21% 39.74% 29.49% 4 MAIN
2024-11-06 0.280 3REN 06-Nov-2024 0.280 0.370 19.64% 41.07% 32.14% 5 ACE
2024-10-29 0.240 OBHB 29-Oct-2024 0.240 0.220 4.17% 4.17% -8.33% 4 ACE
2024-10-28 0.370 SORENTO 28-Oct-2024 0.370 0.420 1.35% 1.35% 13.51% 4 ACE
2024-10-15 0.500 NE 15-Oct-2024 0.500 0.610 6.00% 1.00% 22.00% 5 ACE
2024-10-09 0.350 CREST 09-Oct-2024 0.350 0.270 12.86% 0.00% -22.86% 2 ACE
2024-10-08 0.200 KHB 08-Oct-2024 0.200 0.180 45.00% 7.50% -10.00% 3 ACE
2024-09-19 0.380 SDCG 19-Sep-2024 0.380 0.530 31.58% 32.89% 39.47% 4 ACE
2024-09-09 1.65 99SMART [NS] 09-Sep-2024 1.65 2.39 12.12% 13.94% 44.85% 1 MAIN
2024-09-05 0.150 HAWK 05-Sep-2024 0.150 0.460 100.00% 130.00% 206.67% 4 ACE
2024-08-28 0.250 VTC 28-Aug-2024 0.250 0.485 100.00% 62.00% 94.00% 6 ACE
2024-08-23 0.560 EPB 23-Aug-2024 0.560 0.575 16.07% 10.71% 2.68% 3 ACE
2024-08-22 0.290 ELRIDGE 22-Aug-2024 0.290 0.430 17.24% 37.93% 48.28% 2 ACE
2024-08-13 0.270 SCB 13-Aug-2024 0.270 0.210 85.19% 33.33% -22.22% 4 ACE
2024-07-26 0.300 KUCINGKO [NS] 26-Jul-2024 0.300 0.285 168.33% 90.00% -5.00% 4 ACE
2024-07-23 1.15 WELLCHIP [NS] 23-Jul-2024 1.15 1.20 43.48% 49.57% 4.35% 3 MAIN
2024-07-22 0.220 BWYS 22-Jul-2024 0.220 0.250 45.45% 59.09% 13.64% 2 ACE
2024-07-09 0.840 JPG 09-Jul-2024 0.840 1.32 0.00% 7.14% 57.14% 2 MAIN
2024-07-04 0.280 OFB 04-Jul-2024 0.280 0.415 203.57% 175.00% 48.21% 5 ACE
2024-07-03 0.350 GOHUB 03-Jul-2024 0.350 1.34 128.57% 171.43% 282.86% 6 ACE
2024-07-02 0.240 UUE 02-Jul-2024 0.240 0.750 175.00% 189.58% 212.50% 6 ACE
2024-06-21 0.500 AGRICOR 21-Jun-2024 0.500 0.500 58.00% 75.00% 0.00% 4 ACE
2024-06-19 0.300 KTI [NS] 19-Jun-2024 0.300 0.280 0.00% -5.00% -6.67% 3 ACE
2024-05-29 0.300 KENERGY 29-May-2024 0.300 0.505 50.00% 55.00% 68.33% 3 ACE
2024-05-28 0.400 SMART 28-May-2024 0.400 0.255 25.00% 15.00% -36.25% 4 ACE
2024-05-21 0.800 FEYTECH 21-May-2024 0.800 0.565 37.50% 37.50% -29.38% 3 MAIN
2024-05-15 0.130 SINKUNG 15-May-2024 0.130 0.165 0.00% 7.69% 26.92% 1 ACE
2024-05-14 0.240 FPHB 14-May-2024 0.240 0.545 100.00% 70.83% 127.08% 3 ACE
2024-04-30 0.620 MKHOP 30-Apr-2024 0.620 0.655 1.61% -0.81% 5.65% 3 MAIN
2024-04-23 0.310 TOPMIX 23-Apr-2024 0.310 0.490 32.26% 35.48% 58.06% 3 ACE
2024-04-22 0.900 KEYFIELD 22-Apr-2024 0.900 2.19 88.89% 114.44% 143.33% 4 MAIN
2024-04-08 0.220 SBH 08-Apr-2024 0.220 0.245 15.91% 15.91% 11.36% 4 ACE
2024-03-27 0.250 ZANTAT 27-Mar-2024 0.250 0.335 60.00% 50.00% 34.00% 3 ACE
2024-03-25 0.950 PLINTAS 25-Mar-2024 0.950 0.950 0.00% 2.11% 0.00% 2 MAIN
2024-03-22 0.320 ALPHA [NS] 22-Mar-2024 0.320 0.350 0.00% 0.00% 9.37% 3 ACE
2024-02-07 0.350 AGX 07-Feb-2024 0.350 0.590 17.14% 2.86% 68.57% 3 ACE
2024-02-06 0.260 WENTEL 06-Feb-2024 0.260 0.275 0.00% 7.69% 5.77% 6 ACE
2024-02-02 0.550 TSA 02-Feb-2024 0.550 0.790 5.45% 4.55% 43.64% 4 ACE
2024-01-30 0.280 HEGROUP 30-Jan-2024 0.280 0.535 53.57% 16.07% 91.07% 5 ACE
2024-01-29 0.390 MTEC 29-Jan-2024 0.390 1.19 0.00% -7.69% 205.13% 2 ACE
2024-01-26 0.270 KJTS 26-Jan-2024 0.270 0.740 62.96% 85.19% 174.07% 3 ACE
2023-12-20 0.270 JTGROUP 20-Dec-2023 0.270 0.360 12.96% 14.81% 33.33% 4 ACE
2023-12-18 0.350 CHB 18-Dec-2023 0.350 0.975 42.86% 62.86% 178.57% 5 ACE
2023-12-07 1.07 CPETECH 07-Dec-2023 1.07 0.895 -15.89% -14.49% -16.36% 5 MAIN
2023-11-27 0.160 PANDA 27-Nov-2023 0.160 0.355 81.25% 62.50% 121.87% 6 ACE
2023-11-15 0.350 PLYTEC 15-Nov-2023 0.350 0.375 2.86% -7.14% 7.14% 2 ACE
2023-10-17 0.250 MINOX 17-Oct-2023 0.250 0.290 26.00% 48.00% 16.00% 4 ACE
2023-10-12 0.250 SSF 12-Oct-2023 0.250 0.340 0.00% 6.00% 36.00% 2 ACE
2023-09-26 0.240 EMCC [NS] 26-Sep-2023 0.240 0.325 33.33% 31.25% 35.42% 4 ACE
2023-09-19 0.250 MERSEC [NS] 19-Sep-2023 0.250 0.355 8.00% 20.00% 42.00% 4 ACE
2023-08-15 0.190 GLXT 15-Aug-2023 0.190 0.205 242.11% 34.21% 7.89% 3 ACE
2023-08-01 0.210 KGW 01-Aug-2023 0.210 0.170 9.52% 9.52% -19.05% 3 ACE
2023-07-26 0.300 DAY3 26-Jul-2023 0.300 0.300 116.67% 108.33% 0.00% 4 ACE
2023-07-25 0.210 MBN [NS] 25-Jul-2023 0.210 0.130 33.33% 28.57% -38.10% 5 ACE
2023-07-20 0.810 MSTGOLF 20-Jul-2023 0.810 0.250 -3.09% -3.70% -69.14% 1 MAIN
2023-07-17 0.250 DCHCARE [NS] 17-Jul-2023 0.250 0.165 60.00% 80.00% -34.00% 3 ACE
2023-07-10 0.800 SKYWLD 10-Jul-2023 0.800 0.560 0.00% -7.50% -30.00% 4 MAIN
2023-06-07 0.240 EDELTEQ 07-Jun-2023 0.240 0.255 212.50% 204.17% 6.25% 6 ACE
2023-06-01 0.430 SYNERGY 01-Jun-2023 0.430 1.27 -11.63% -18.60% 195.35% 3 ACE
2023-05-31 0.500 RADIUM 31-May-2023 0.500 0.480 -30.00% -23.00% -4.00% 5 MAIN
2023-05-29 0.380 CLOUDPT 29-May-2023 0.380 0.825 97.37% 35.53% 117.11% 6 ACE
2023-05-19 0.700 DXN 19-May-2023 0.700 0.475 -1.43% -5.00% -32.14% 2 MAIN
2023-05-09 0.330 ADB [NS] 09-May-2023 0.330 0.975 230.30% 127.27% 195.45% 5 ACE
2023-03-15 0.630 OPPSTAR 15-Mar-2023 0.630 0.725 225.40% 285.71% 15.08% 6 ACE
2023-03-10 0.900 CEB [NS] 10-Mar-2023 0.900 0.355 57.78% 66.67% -60.56% 4 MAIN
2023-01-31 0.330 VLB 31-Jan-2023 0.330 0.590 15.15% 18.18% 78.79% 2 ACE
2023-01-18 0.340 TTVHB 18-Jan-2023 0.340 0.700 338.24% 276.47% 105.88% 6 ACE
2023-01-17 0.680 KITACON 17-Jan-2023 0.680 0.720 45.59% 10.29% 5.88% 5 MAIN
2023-01-16 0.230 WELLS 16-Jan-2023 0.230 0.660 43.48% 86.96% 186.96% 4 ACE
2023-01-12 0.380 NATGATE 12-Jan-2023 0.380 2.33 113.16% 163.16% 513.16% 4 ACE
2023-01-06 0.550 DSS 06-Jan-2023 0.550 0.305 47.27% 12.73% -44.55% 3 ACE
2023-01-03 0.300 L&PBHD 03-Jan-2023 0.300 0.285 40.00% 81.67% -5.00% 2 ACE
2022-12-13 1.07 ITMAX 13-Dec-2022 1.07 3.56 42.06% 28.97% 232.71% 5 MAIN
2022-11-30 0.230 LEFORM 30-Nov-2022 0.230 0.150 -15.22% -19.57% -34.78% 2 ACE
2022-11-25 0.400 INFOM 25-Nov-2022 0.400 1.31 50.00% 33.75% 227.50% 5 ACE
2022-11-23 0.170 ECA 23-Nov-2022 0.170 0.200 282.35% 344.12% 17.65% 6 ACE
2022-10-26 0.500 BETA 26-Oct-2022 0.500 0.455 23.00% 42.00% -9.00% 5 ACE
2022-10-17 0.290 SUNVIEW 17-Oct-2022 0.290 0.420 106.90% 58.62% 44.83% 6 ACE
2022-10-06 0.350 COSMOS 06-Oct-2022 0.350 0.360 45.71% 60.00% 2.86% 3 ACE
2022-09-27 0.360 PTRB 27-Sep-2022 0.360 0.495 2.78% 2.78% 37.50% 5 ACE
2022-09-20 1.13 AMEREIT 20-Sep-2022 1.13 1.43 0.00% 2.65% 26.55% 1 MAIN
2022-09-02 0.250 SNS 02-Sep-2022 0.250 0.480 0.00% 6.00% 92.00% 5 ACE
2022-08-18 0.260 AGMO 18-Aug-2022 0.260 0.510 198.08% 201.92% 96.15% 6 ACE
2022-08-05 0.260 UNIQUE 05-Aug-2022 0.260
(0.235) 		0.400 -19.23% -13.46% 70.21% 2 ACE
2022-07-26 0.320 UMC 26-Jul-2022 0.320 0.605 56.25% 37.50% 89.06% 4 ACE
2022-07-18 0.300 EIB 18-Jul-2022 0.300 0.285 -8.33% -13.33% -5.00% 2 ACE
2022-07-13 0.320 INFOTEC 13-Jul-2022 0.320 1.00 3.13% -4.69% 212.50% 6 ACE
2022-07-07 0.750 SENFONG 07-Jul-2022 0.750
(0.565) 		0.995 0.00% -10.00% 76.11% 1 MAIN
2022-07-05 0.310 ORGABIO 05-Jul-2022 0.310 0.365 16.13% 9.68% 17.74% 5 ACE
2022-06-23 0.280 YXPM 23-Jun-2022 0.280 0.255 0.00% -3.57% -8.93% 2 ACE
2022-06-20 0.300 SFPTECH 20-Jun-2022 0.300
(0.100) 		0.660 100.00% 123.33% 560.00% 6 ACE
2022-06-14 0.320 UNITRAD [NS] 14-Jun-2022 0.320 0.210 -17.19% -6.25% -34.38% 2 ACE
2022-06-08 0.500 LGMS 08-Jun-2022 0.500 1.18 20.00% 69.00% 136.00% 6 ACE
2022-06-07 0.280 YEWLEE 07-Jun-2022 0.280
(0.250) 		0.475 1.79% 3.57% 90.00% 5 ACE
2022-05-24 0.580 CNERGEN 24-May-2022 0.580 0.485 4.31% 0.00% -16.38% 4 ACE
2022-04-28 0.210 MNHLDG 28-Apr-2022 0.210 0.960 23.81% 11.90% 357.14% 5 ACE
2022-04-18 0.330 CENGILD 18-Apr-2022 0.330 0.270 50.00% 40.91% -18.18% 4 ACE
2022-04-01 0.300 PPJACK [NS] 01-Apr-2022 0.300 1.06 30.00% 31.67% 253.33% 2 ACE
2022-03-22 1.35 FFB 22-Mar-2022 1.35 1.79 25.93% 27.41% 32.59% 3 MAIN
2022-02-28 0.300 TAGHILL 28-Feb-2022 0.300
(0.275) 		0.115 3.33% 3.33% -58.18% 4 ACE
2022-01-25 1.07 SENHENG 25-Jan-2022 1.07 0.235 -15.89% -20.09% -78.04% 1 MAIN
2022-01-20 0.280 CORAZA 20-Jan-2022 0.280 0.360 150.00% 130.36% 28.57% 6 ACE
2021-12-21 1.03 SWIFT 21-Dec-2021 1.03 0.445 4.85% -6.80% -56.80% 2 MAIN
2021-12-16 1.36 ATECH 16-Dec-2021 1.36 2.90 3.68% 25.00% 113.24% 5 MAIN
2021-11-08 0.330 ECOMATE 08-Nov-2021 0.330 0.920 106.06% 46.97% 178.79% 3 ACE
2021-09-29 0.480 CEKD 29-Sep-2021 0.480 0.465 25.00% 13.54% -3.12% 4 ACE
2021-07-21 0.680 HAILY 21-Jul-2021 0.680
(0.305) 		0.240 16.18% 8.82% -21.31% 4 ACE
2021-07-19 1.10 CTOS 19-Jul-2021 1.10 1.29 36.36% 47.27% 17.27% 3 MAIN
2021-07-15 0.950 YENHER [NS] 15-Jul-2021 0.950 0.910 4.74% -5.26% -4.21% 2 MAIN
2021-07-13 0.450 RAMSSOL 13-Jul-2021 0.450
(0.455) 		0.710 55.56% 13.33% 56.04% 5 ACE
2021-06-29 0.280 NESTCON 29-Jun-2021 0.280 0.385 7.14% 14.29% 37.50% 3 ACE
2021-06-23 0.320 PEKAT 23-Jun-2021 0.320 0.880 165.62% 154.69% 175.00% 6 ACE
2021-05-19 0.700 TJSETIA 19-May-2021 0.700 0.220 12.14% 5.71% -68.57% 4 MAIN
2021-04-06 0.350 VOLCANO 6-Apr-2021 0.350 0.775 100.00% 38.57% 121.43% 2 ACE
2021-03-30 0.200 FLEXI 30-Mar-2021 0.200 0.175 245.00% 115.00% -12.50% 2 ACE
2021-03-16 0.480 TELADAN 16-Mar-2021 0.480
(0.455) 		0.965 25.00% 18.75% 112.09% 5 ACE
2021-02-23 0.230 MOBILIA 23-Feb-2021 0.230
(0.130) 		0.155 182.61% 141.30% 19.23% 4 ACE
2021-01-20 0.360 HPPHB 20-Jan-2021 0.360 0.440 58.33% 97.22% 22.22% 4 ACE
2020-10-27 0.280 EFRAME 27-Oct-2020 0.280
(0.225) 		0.540 23.21% 32.14% 140.00% 2 ACE
2020-10-26 1.60 MRDIY 26-Oct-2020 1.60
(1.07) 		1.85 0.00% 9.37% 72.90% 0 MAIN
2020-10-20 0.330 ANEKA 20-Oct-2020 0.330 0.145 6.06% -12.12% -56.06% 3 ACE
2020-10-16 0.340 SCGBHD 16-Oct-2020 0.340 0.970 -1.47% -2.94% 185.29% 3 ACE
2020-10-15 0.480 SAMAIDEN 15-Oct-2020 0.480
(0.265) 		1.15 108.33% 67.71% 333.96% 5 ACE
2020-08-18 0.300 OPTIMAX 18-Aug-2020 0.300
(0.150) 		0.640 136.67% 126.67% 326.67% 5 ACE
2020-07-23 0.230 TCS 23-Jul-2020 0.230
(0.180) 		0.140 154.35% 95.65% -22.22% 5 ACE
2020-07-22 0.260 OVH 22-Jul-2020 0.260 0.165 65.38% 103.85% -36.54% 3 ACE
2020-07-15 0.410 RL 15-Jul-2020 0.410
(0.395) 		0.325 58.54% 25.61% -17.72% 3 ACE
2020-03-18 0.280 ACO 18-Mar-2020 0.280 0.215 -28.57% -42.86% -23.21% 3 ACE
2020-02-20 0.640 INNATURE 20-Feb-2020 0.640
(0.620) 		0.200 12.50% 2.34% -67.74% 2 MAIN
2020-01-22 0.250 PWRWELL 22-Jan-2020 0.250 0.365 2.00% 14.00% 46.00% 4 ACE
2019-11-26 0.350 SLVEST 26-Nov-2019 0.350
(0.205) 		1.57 71.43% 115.71% 665.85% 5 ACE
2019-11-08 0.250 SPRING 8-Nov-2019 0.250
(0.225) 		0.200 0.00% 0.00% -11.11% 2 ACE
2019-10-14 1.30 AME 14-Oct-2019 1.30
(0.865) 		1.66 -1.54% 19.23% 91.91% 3 MAIN
2019-10-07 0.230 SDS 7-Oct-2019 0.230 1.16 13.04% 10.87% 404.35% 4 ACE
2019-09-25 0.530 MTAG 25-Sep-2019 0.530 0.350 32.08% -16.98% -33.96% 3 ACE
2019-08-01 0.580 TASHIN 1-Aug-2019 0.580 0.325 0.00% -16.38% -43.97% 3 ACE
2019-07-17 0.160 AIMFLEX 17-Jul-2019 0.160 0.175 56.25% 53.12% 9.37% 5 ACE
2019-07-10 0.820 UWC 10-Jul-2019 0.820
(0.275) 		2.72 34.15% 70.73% 889.09% 5 MAIN
2019-07-08 0.430 KHJB 8-Jul-2019 0.430 0.140 -9.30% -18.60% -67.44% 1 ACE
2019-06-18 0.160 MESTRON 18-Jun-2019 0.160
(0.145) 		0.295 25.00% 3.13% 103.45% 3 ACE
2019-06-13 0.610 GREATEC 13-Jun-2019 0.610
(0.155) 		2.05 4.92% 21.31% 1222.58% 5 ACE
2019-06-12 0.560 HPMT 12-Jun-2019 0.560 0.285 3.57% -10.71% -49.11% 3 MAIN
2019-05-16 1.10 LHI [NS] 16-May-2019 1.10 0.650 1.82% 0.00% -40.91% 2 MAIN
2019-01-08 0.300 NADIBHD 8-Jan-2019 0.300 0.300 30.00% 1.67% 0.00% 4 ACE
2019-01-07 0.250 DPIH [NS] 7-Jan-2019 0.250
(0.165) 		0.150 38.00% 8.00% -9.09% 3 ACE

Additional Statistics:

Sell Open (SO) Sell Close (SC) Hold (H)
Average Performance for All
Average Performance for Score>2
Average Performance for Score>4

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Tutorials

  1. Video - Cara Beli IPO Menggunakan Maybank2u (English).
  2. Video - Permohonan IPO Melalui MITI Secara Online.

FAQs & Related Links

  1. IPO Shariah Status @ SC
  2. IPO Prospectus Exposure @ Bursa Malaysia.
  3. IPO Prospectus / Company Announcement @ Bursa Malaysia.
  4. Blog - Cara Beli IPO Menggunakan Maybank2u.
  5. Blog - Permohonan IPO Melalui M+ Global.
  6. Blog - Permohonan IPO Melalui eIPO CGSI.
  7. Blog - Permohonan Saham Melalui MITI secara online.
  8. Blog - Apa Nak Buat Lepas Terima Saham Melalui MITI (Secara Online).
  9. Blog - Macam mana nak cari nombor akaun CDS.
  10. Valid CDS Number Checker.
  11. Basis of Allotment @ Tricor Investor & Issuing House (TIIH).
  12. Basis of Allotment @ Malaysian Issuing House (MIH).

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**Average PE FV is calculated using IPO PE ratio and IPO listing price. The information is for comparison purposes only and should not be made to form an investment decision.

***iSaham IPO Score is using new methodology scoring based on new data analysis - Beta mode. Range of score if no price information

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