Posted by DreamKaiser > 2 weeks ago | Report Abuse

I am the kaiser, so I should be the first dude to start the ball rolling ha ha ha

Posted by DreamKaiser > 2 weeks ago | Report Abuse

well, actually, I was thinking that it is an already listed stock

oh well, maybe it is a good omen, huh

Posted by sweetylemon > 2 weeks ago | Report Abuse

Anyone managed to get any shares from the balloting yesterday?

Posted by mf > 2 weeks ago | Report Abuse

BWYS GROUP BERHAD
(Registration No: 202301000310 (1494229-W))
(Incorporated in Malaysia under the Companies Act 2016)
INITIAL PUBLIC OFFERING (“IPO”) IN CONJUNCTION WITH THE LISTING OF BWYS GROUP BERHAD (“BWYS” OR
“COMPANY”) ON THE ACE MARKET OF BURSA MALAYSIA SECURITIES BERHAD (“BURSA SECURITIES”)
COMPRISING PUBLIC ISSUE OF 256,303,000 NEW ORDINARY SHARES IN BWYS (“SHARES”) (“ISSUE SHARES”)
AND OFFER FOR SALE OF 100,000,000 EXISTING SHARES (“OFFER SHARES”) AT AN IPO PRICE OF RM0.22 PER
ISSUE SHARE / OFFER SHARE, PAYABLE IN FULL UPON APPLICATION
……………………………………………………………….................……………………………………………………………………………………………………………

The IPO involves the following:

(I) Public issue of 256,303,000 Issue Shares in the following manner:

• 51,260,800 Issue Shares made available for application by the Malaysian public;

• 61,512,800 Issue Shares made available for application by the eligible Directors, employees and persons
who have contributed to the Group’s success;

• 128,151,700 Issue Shares by way of private placement to Bumiputera investors approved by the Ministry
of Investment, Trade and Industry (“MITI”); and

• 15,377,700 Issue Shares by way of private placement to selected investors; and


(II) Offer for sale of 100,000,000 Offer Shares by way of private placement to selected investors.

Tricor Investor & Issuing House Services Sdn Bhd (“TIIH”) wishes to announce that the 51,260,800 Issue Shares made
available for application by the Malaysian public have been oversubscribed.

A total of 23,223 applications for 2,537,940,700 Issue Shares with a value of RM558,346,954.00 were received from the
Malaysian public, which represents an overall oversubscription rate of 48.51 times. For the Bumiputera portion, a total of
13,205 applications for 1,222,838,600 Issue Shares were received, which represents an oversubscription rate of 46.71
times. For the public portion, a total of 10,018 applications for 1,315,102,100 Issue Shares were received, which represents
an oversubscription rate of 50.31 times.

Meanwhile, 61,512,800 Issue Shares made available for application by the eligible Directors, employees and persons who
have contributed to the Group’s success has also been fully subscribed.

Further, the Placement Agent has confirmed that the 128,151,700 Issue Shares by way of private placement to Bumiputera
investors approved by the MITI have been fully placed out, as well as 15,377,700 Issue Shares and 100,000,000 Offer
Shares by way of private placement to selected investors have been fully placed out.

The notices of allotment will be posted to all successful applicants on 18 July 2024.

M & A Securities Sdn Bhd is the Principal Adviser, Sponsor, Underwriter and Placement Agent for this IPO.

Posted by Keqing Tan > 2 weeks ago | Report Abuse

Oversub 48.51X

Posted by younglean > 1 week ago | Report Abuse

Kucingko Bhd Target Price: RM0.585 with 95% Upside – Malacca Securities

For the fiscal years 2024 and 2025, KB’s topline is projected to grow to RM33.0 million and RM39.0 million, respectively. This growth is supported by an increase in personnel, enabling KB to take on more projects. Consequently, the core net profit is expected to rise by 31.2% YoY to RM11.0 million in FY24 and by 27.1% YoY to RM13.9 million in FY25, with improved margins due to the management’s strategy of taking on more complex and higher-margin jobs.

The fair value of KB is ascribed at RM0.585, derived by pegging a forward P/E of 21.0x to the FY25 EPS of 2.79 sen. This forward P/E is justified as it aligns with the average current P/E of selected international peers in the 2D animation production industry. Given the current share price of RM0.30, this represents a capital upside of 95.0% and a total return of 97.9% including the dividend return.

Posted by BE_GREEEEEDY > 1 week ago | Report Abuse

TP 60 - 80 sen is no sweat ,..$$$$$
IPO mania is ON

Posted by paktua73 > 1 week ago | Report Abuse

paktua qill swing here if in paktua range Price..


tut tut
see on born day.

Posted by paktua73 > 3 days ago | Report Abuse

morning..
today bwys will born..
let see how


tut tut
if to high paktua will ignore

Posted by mf > 3 days ago | Report Abuse

Dow Jones

Dow Jones Industrial Average

40,287.53

-377.49

0.92%

Nasdaq

NASDAQ Composite

17,726.94

-144.28

0.80%

Posted by chopstick > 3 days ago | Report Abuse

good morning

Posted by bullrun168 > 3 days ago | Report Abuse

Wow, Amazing !
Now BWYS was traded at @0.365 (+0.145) (+65.9 %)
Heng ah, Ong ah, Huat ah !

Posted by TG13688 > 3 days ago | Report Abuse

gogo chiong a.. 0.50!!

Posted by BE_GREEEEEDY > 3 days ago | Report Abuse

ATTAACCKKKKKKKK $$$$$

Posted by OKU_2020 > 3 days ago | Report Abuse

hmmm...VVRROOOOOOOOOM ? b4 it's too late

Posted by Tripaka > 3 days ago | Report Abuse

Ladder and snake

Posted by sweetylemon > 3 days ago | Report Abuse

Will go up one. This year, anything to do with construction will go up. Plus some more they are doing metal sheets, scaffolding etc. Metal price increased this year.

Posted by Apple2353 > 3 days ago | Report Abuse

Don't worry.. hari ini baru lahir.. belum warm up lagi.. petang akan naik..

Posted by sweetylemon > 3 days ago | Report Abuse

Rocky Mass, first time trader? IPO value and first day public listing all like that. That's why IPO price only selected people can get.

Posted by DreamKaiser > 3 days ago | Report Abuse

bwys surges 65% on market debut

https://www.thestar.com.my/business/business-news/2024/07/22/bwys-shares-soar-65-in-market-debut#openShareModal

Posted by DreamKaiser > 3 days ago | Report Abuse

walao weyh

Posted by Goldberg > 3 days ago | Report Abuse

Scaffolding business is strong - construction business esp data centres need a lot of scaffolding. ha.ha.

Posted by Goldberg > 3 days ago | Report Abuse

Rakuten TP 40 sen -so low.

Posted by dxbman > 3 days ago | Report Abuse

SUPER STRONG BUY

Posted by nasgee > 3 days ago | Report Abuse

060 target today fasterrr...tmmrw rm1
..vrooommm

Posted by Apple2353 > 3 days ago | Report Abuse

hari ini tak jadi 0.60..

Posted by nasgee > 3 days ago | Report Abuse

ohh ya kaa...jadi...oooo...pkl 4 atas nanti LU,,

Posted by iCashBooster > 3 days ago | Report Abuse

strong buy tomorrow gap up?

Posted by PryorBuyer > 3 days ago | Report Abuse

Hot hot hot

Posted by rr88 > 3 days ago | Report Abuse

Operator bought, operator could not push, operator selling back. That is all that there is to it.

Metal works on ace market => below ipo price lar..
Cut loss now.

Posted by Domocius > 3 days ago | Report Abuse

Don't kena burn guys, careful

Posted by sweetylemon > 3 days ago | Report Abuse

Opened at 0.32 and close at 0.365. The price has been stabilizing the whole day at 0.36 and 0.365. I see this as a good sign. Strong foundation.

Posted by Bob3336 > 2 days ago | Report Abuse

Today might hit a new target.

Posted by Goldberg > 2 days ago | Report Abuse

BWYS GROUP FUELS EXPANSION AS CONSTRUCTION SECTOR REBOUNDS

STARPICKS

Tuesday, 23 Jul 2024

https://www.thestar.com.my/business/business-news/2024/07/23/bwys-group-fuels-expansion-as-construction-sector-rebounds

Posted by Bob3336 > 2 days ago | Report Abuse

Counter has reached stable price

Posted by Willtolive > 2 days ago | Report Abuse

listed at start of construction boom, will do well

Posted by nasgee > 1 day ago | Report Abuse

kompommmm uppp...keep more untunggg ooo...vroommm

Posted by mf > 1 day ago | Report Abuse

Dow Jones

Dow Jones Industrial Average

40,358.09

-57.35

0.14%

Nasdaq

NASDAQ Composite

17,997.35

-10.21

0.05%

Posted by paktua73 > 1 day ago | Report Abuse

nosh agak besar 1 billion lebih..
ini agak slow utk up more..
mybe after 1 year baru bagus


tut tut
let see after 23 trading days

Posted by Willtolive > 1 day ago | Report Abuse

Steel counters are up today

Posted by Willtolive > 14 hours ago | Report Abuse

Up