sweetylemon

Anyone managed to get any shares from the balloting yesterday?

2 months ago

mf

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.

2 months ago

Keqing Tan

Oversub 48.51X

2 months ago

younglean

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.

2 months ago

BE_GREEEEEDY

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

2 months ago

paktua73

Post removed.Why?

1 month ago

paktua73

Post removed.Why?

1 month ago

mf

Dow Jones

Dow Jones Industrial Average

40,287.53

-377.49

0.92%

Nasdaq

NASDAQ Composite

17,726.94

-144.28

0.80%

1 month ago

chopstick

good morning

1 month ago

bullrun168

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

1 month ago

TG13688

gogo chiong a.. 0.50!!

1 month ago

BE_GREEEEEDY

ATTAACCKKKKKKKK $$$$$

1 month ago

OKU_2020

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

1 month ago

Tripaka

Ladder and snake

1 month ago

sweetylemon

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.

1 month ago

Apple2353

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

1 month ago

sweetylemon

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.

1 month ago

DreamKaiser

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

1 month ago

DreamKaiser

walao weyh

1 month ago

Goldberg

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

1 month ago

Goldberg

Rakuten TP 40 sen -so low.

1 month ago

dxbman

SUPER STRONG BUY

1 month ago

nasgee

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

1 month ago

Apple2353

hari ini tak jadi 0.60..

1 month ago

nasgee

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

1 month ago

iCashBooster

strong buy tomorrow gap up?

1 month ago

PryorBuyer

Hot hot hot

1 month ago

rr88

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.

1 month ago

Domocius

Don't kena burn guys, careful

1 month ago

sweetylemon

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.

1 month ago

Bob3336

Today might hit a new target.

1 month ago

Goldberg

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

1 month ago

Bob3336

Counter has reached stable price

1 month ago

nasgee

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

1 month ago

mf

Dow Jones

Dow Jones Industrial Average

40,358.09

-57.35

0.14%

Nasdaq

NASDAQ Composite

17,997.35

-10.21

0.05%

1 month ago

paktua73

Post removed.Why?

1 month ago

Bob3336

😅

1 month ago

Domocius

Still can move up

1 month ago

GoBigGoDreeam

What is GC bro?

1 month ago

mf

Dow Jones

Dow Jones Industrial Average

38,814.83

-922.43

2.32%

Nasdaq

NASDAQ Composite

16,313.58

-462.57

2.75%

1 month ago

Domocius

Hard to push up

3 weeks ago

sweetylemon

A lot of investors in this counter are getting anxious because it seems that developers here and there are getting contracts for residentials, housing developments, data centres, malls and many more.... but none of the property booms seem to effect BWYS. How is that possible?

3 weeks ago

azfar8

ASTEEL ada kena mengena ngan BWYS ka?

3 weeks ago

Domocius

loss hope

2 weeks ago

sweetylemon

Today a bit hopeful. Stell market up and BWYS day gain today is +142.7%

2 weeks ago

azfar8

you have sold your holding? luckily i sold, turun lg, seems like it will take a nap, or maybe sleeping if not hibernating...

2 weeks ago

REXTAN

when the qr

2 weeks ago

Willtolive

QR out. 54m revenue. 1.5m nett profit. EPS +0.19 sen. Positive result. NTA up from 0.20 to 0.21. FCF 5.666M.

Depreciation of USD is beneficial to BWYS

1 week ago

Willtolive

Buy and hold for construction boom 2024-2027

1 week ago

Willtolive

Buy BWYS. Appetite for construction theme. Budget 2025

1 day ago