The year 2021 has been a bumper year for IPOs. The Malaysian market is all set to witness as many as 30 IPOs in the second half of 2021. IPOs prove out to be the best bet for companies when it comes to raising capital from public for operations.
There are two aspects of IPO one is that the company has done well enough to pitch themselves to the public to participate in their future growth. Second thing is that the public is now ready again to invest.
There are a lot of uncertainties prevailing in the market after the outbreak of the Covid-19 pandemic, still the SC (Securities Commission of Malaysia) is expecting these companies to debut on the exchange. Let’s take a look at some of these companies and find out whether you should invest in their IPO or not.
1) CARZO HOLDINGS BERHAD:
Listing date: 9 September
Listing price: 0.285 RM
The Carzo Group was established in 2012 and is one of the leading distributors, wholesalers and importers of fruits in Malaysia. The company has a huge clientage including some of the leading hypermarkets and supermarkets. Driven by meticulous attention to quality and freshness, steadfast passion and extensive knowledge of the Malaysian fruits industry is instrumental in building the Carzo Group into a trusted brand today which is now poised for fruitful possibilities in the future.
2) CEKD BERHAD:
Listing date: 29 September 2021
Listing price: 0.480 RM
The company has multiple wholly owned subsidiaries including Hotstar (M), Sharp Die Cutting Mould (Sharp DCM) and Focuswin Die Cutting Mould (Focuswin). CEKD Berhad is mainly an investment holding company. The company is a die-cutting solutions provider and has been involved in the manufacturing of die-cutting moulds and trading of related consumables, tools and accessories since 1989.The CEKD Group has grown tremendously over the years, and now has a diverse base of customers from various industries such as paper printing and packaging industry, electrical and electronics industry, automotive, plastic packaging as well as textile and leather industries.
3) IGB COMMERCIAL REAL ESTATE INVESTMENT TRUST:
Listing date: 20 September 2021
Listing price: 1.00 RM
The company was earlier known as Goldis Bhd. IGB Bhd is an investment company which has equity investments in China and Malaysia. The company was incorporated on 1st June 2000. The Company is organized into five segments namely Property investment and management, Property development, Hotel, Construction and Investment holding.
Top performing recent IPO'S:
LSH: 153.85% 30 JULY 2021
DYNAFNT: 33.33% 23 JULY 2021
CTOS: 70.91% 19 JULY 2021
RAMSOL: 81.11% 13 JULY 2021
NP: 83.33% 1 JULY 2021
Click: Know more about upcoming IPOs in Malaysia
Disclaimer – Neither CapitalVia nor its analysts hold a position in any of the stocks mentioned above.
Happy Investing!
