Capital markets executive summary | Thu 20 Jul 2023 Critical Holdings plans ACE Market listing The engineering company submitted its draft prospectus to Bursa Malaysia on 13 Jul. The initial public offering (IPO) entails the issuance of 74.35m new shares, with 18.59m for the Malaysian public. 3.72m shares are for directors and employees. 46.47m shares…
Capital markets executive summary | Tue 18 Jul 2023 Plytec approved for ACE Market listing The company will issue 106.06m new shares or 17.5% of its enlarged shares. 30.30m shares are for the Malaysian public and 75.76m shares are for private placement to bumiputra investors approved by the Ministry of Investment, Trade and Industry. Its…
Capital markets executive summary | Mon 17 Jul 2023 Daythree IPO oversubscribed 129 times Daythree Digital Berhad will be listed on the ACE Market on 26 Jul. It received 24,053 applications for 3.12b shares for the 24m new shares offered to the public. The listing entails the issuance of 110.4m new shares at 30 sen…
Capital markets executive summary | Fri 14 Jul 2023 MyMBN oversubscribed 30.77 times The Melaka-based company which processes and sells bird’s nest will be listed on 25 Jul. It is offering 19.3m shares to the public at 21 sen. A total of 7,712 applications for 613.14m shares were received, according to Malaysian Issuing House Sdn…
Capital markets executive summary | Thu 13 Jul 2023 Lemon Sky Studios plans IPO The Malaysian art and animation studio was founded in 2006 and had contributed to videogames including Capcom’s Street Fighter 6, Square Enix’ Final Fantasy XVI, Marvel’s Spider-Man, Naughty Dog’s The Last of Us Part I and Part II, and Blizzard Entertainment’s…
Capital markets executive summary | Wed 12 Jul 2023 MST Golf attracts 5 times oversubscription The company’s 228m initial public offering (IPO) shares to raise RM184.68m received applications worth RM924m. MST is offering a total of 228m shares comprising 160m new shares and 68m existing shares. The portion for institutions of 178.6m received 6.39 times…
Capital markets executive summary | Tue 11 Jul 2023 SkyWorld falls 7.5% from IPO price on listing The counter was the most actively traded on the Main Market with 110.51m shares changing hands. It debuted at the initial public offering (IPO) price of 80 sen, hit an intraday high of 81 sen and an intraday…
Capital markets executive summary | Mon 10 Jul 2023 Master Tec plans to list on the ACE Market The company manufactures power cables, and control and instrumentation cables. It also trades power cables and fibre optic cables. The initial public offering (IPO) entails a public issue of 158.1m new shares and offer for sale of…
Capital markets executive summary | Fri 7 Jul 2023 Leader Energy to list on Main Market The company will offer 1b shares or 28.2% of its enlarged shares. 923.5m shares will be offered to institutions and 76.5m for retail investors. The institutional offering involves the placement of 673.5m shares to institutional and selected investors via…
Capital markets executive summary | Thu 6 Jul 2023 Public Investment Bank values DC Healthcare at 37 sen The company will be listed on the ACE Market on 17 Jul. The valuation is at a price-earnings (PE) multiple of 16 times the company’s projected earnings per share of 2.3 sen in FY2024. It is also…