IPO or Initial Public Offering that a private company needs to undertake for going public. A company may go public for number of reasons. Usually the purpose of going public is for raising capital from investors or may be simply diluting the stake of founders and promoters. Many times, companies go public only for improving their visibility.
IPO is a very important milestone in the timeline of a company. After IPO the company can get listed on stock exchanges and investors can buy or sell its shares. IPO can be a great opportunity for investors too for buying the shares of a company.
Today we will take a look at some of the major companies which recently got listed on Bursa Malaysia after their IPO and also take a glance at their opening performance.
Table of Content
Listed compaines IPO in Malaysia 2021
CEKD Berhad
Sharp Die Cutting Mould (Sharp DCM), Hotstar (M), and Focuswin Die Cutting Mould (CEKD Berhad) are three completely owned subsidiaries of CEKD Berhad (Focuswin). Since 1989, the brand has been a die-cutting solutions supplier, manufacturing die-cutting moulds and trading related consumables, tools, and accessories.
The CEKD Group has evolved enormously over the years, and we now have a varied customer base from a variety of industries, including paper printing and packaging, electrical and electronics, automotive, plastic packaging, and textile and leather.
| CODE |
SYMBOL |
LISTING PRICE |
OPENING PERFORMANCE |
| 238 |
CEKD |
0.48 |
25% |
Haily Group Berhad IPO
Haily Group Berhad was established as a private limited company on February 21, 2020, under the name Haily Group Sdn Bhd. through a reorganization of the company's internal structure.
Haily Construction Sdn Bhd specializes in the construction of both residential and non-residential structures. Non-residential buildings include commercial, purpose-built, and industrial structures, whereas residential buildings include single and multi-family dwellings.
| CODE |
SYMBOL |
LISTING PRICE |
OPENING PERFORMANCE |
| 237 |
HAILY |
0.68 |
16.18% |
CTOS Digital Berhad
The Company's primary business is investment holding, and its subsidiaries are primarily engaged in credit reporting, digital software related services, software development, outsourcing, and training services. Investment holding and its associates are primarily engaged in credit reporting, information services, and the development of local and global businesses.
Banking and financial institutions, insurance and communications firms, major organizations, SMEs, and consumers all use the company's services for self-checking.
| CODE |
SYMBOL |
LISTING PRICE |
OPENING PERFORMANCE |
| 5301 |
CTOS |
1.1 |
36.36% |
YENHER
YENHER (previously Guan Hoe Farming & Trader) was founded in 1982 as a trader of animal health and nutrition products with a concentration on veterinary pharmaceutical distribution.
All of the company's operations were unified under YENHER in 1993. YENHER has built an enviable name within the business in the region by consistently delivering high-quality animal health and nutrition products and providing excellent service.
| CODE |
SYMBOL |
LISTING PRICE |
OPENING PERFORMANCE |
| 4300 |
YENHAR |
0.95 |
4.74% |
Conclusion
When you apply for an IPO it is very important to study the fundamentals of the company. Fundamental analysis can help you identify those IPO which may yield good returns. A registered investment advisor can help you in identifying fundamentally strong companies. These advisors have a team of experienced research analysts who research the markets using technical charts and provide recommendations based on the same.
Happy Investing!
