Ramssol Group Berhad

Posted by foggyt > 2021-07-02 16:54 | Report Abuse

With the recent “IPO Frenzy” happening around the globe, Malaysia had seen an increase in IPOs throughout 2021 too. With that many choices, it is hard to decide on which company would fit into your investment portfolio. Let's look at Ramssol IPO, its the first Tech company going for Listed and the most interesting part is Tan Sri Lim Wee Chai do hold 5.14% of the shares. Ramssol has achieved 55% and 305% revenue and profit before tax CAGR. Seems like another upside potential IPO has arrived in this 2H21. What is everyone thought on this?

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1 comment(s). Last comment by foggyt 2021-07-03 18:07

foggyt

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Posted by foggyt > 2021-07-03 18:07 | Report Abuse

What an unbelievable oversubscription rate the achieved by Ramssol, astonishing 102.88 times while competing with CTOS. I guess overall everyone is posting a very positive view on Ramssol, the first tech IPO in the year.

Looking at the oversubscription rate, I guess chances of me getting from balloting near to zero :(

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