Which one is worth to subscribe? Maybe will go for Kucingko???
****************************************************************************
July 2024 was a bustling month for Initial Public Offerings (IPOs) in Malaysia, with four companies making their debut on the stock market. This article provides a brief overview of these IPOs and their fair values.
EPB Group Berhad
EPB Group Berhad, a company listed on the ACE Market, had its offer period from June 27 to July 31, 2024. The issue price was RM0.56 per ordinary share, with a total of 71,570,000 shares. The company was listed on August 23, 2024. The fair value of EPB Group Berhad was estimated to be RM0.56.
Kucingko Berhad
Kucingko Berhad, another company listed on the ACE Market, had its offer period from June 28 to July 12, 2024. The issue price was RM0.30 per ordinary share, with a total of 100,000,000 shares. The company was listed on July 26, 2024. The fair value of Kucingko Berhad was estimated to be between RM0.27 and RM0.34.
Well Chip Group Berhad
Well Chip Group Berhad, a company listed on the Main Market, had its offer period from June 26 to July 10, 2024. The issue price was RM1.15 per ordinary share, with a total of 150,000,000 shares. The company was listed on July 23, 2024. The fair value of Well Chip Group Berhad was estimated to be RM1.15.
BWYS Group Berhad
BWYS Group Berhad, also listed on the ACE Market, had its offer period from June 18 to July 5, 2024. The issue price was RM0.22 per ordinary share, with a total of 256,303,000 shares. The company was listed on July 22, 2024. The fair value of BWYS Group Berhad was estimated to be RM0.27.
Conclusion
Investing in IPOs can be an exciting opportunity, but it’s important to do your own research and consider your own financial situation before making any investment decisions. Always remember that investing in the stock market carries risk, and it’s possible to lose your investment. If you’re unsure, it’s best to seek advice from a financial advisor.