KGW GROUP BERHAD

KLSE (MYR): KGW (0282)

You're accessing 15 mins delay data. Turn on live stream now to enjoy real-time data!

Last Price

0.27

Today's Change

0.00 (0.00%)

Day's Change

0.265 - 0.28

Trading Volume

8,595,300

IPO Info
Offer Period

Opening

2023-06-30

Closing

2023-07-18

Time Table

Allotment Date

2023-07-28

Listing Date

2023-08-01

Price

Issue Price

-

Units

482,798,567

Share Capital

28,823,088.000

No of Shares

Public Issue

-

Offer for Sale

-

Private Placement

-

Issuing House

-

ISIN Code

MYQ0282OO002

Prospectus:

INITIAL PUBLIC OFFERING ("IPO") IN CONJUNCTION WITH THE LISTING OF KGW GROUP BERHAD ("KGW" OR "COMPANY") ON THE ACE MARKET OF BURSA MALAYSIA SECURITIES BERHAD ("BURSA SECURITIES") COMPRISING: (I) PUBLIC ISSUE OF 79,661,800 NEW ORDINARY SHARES IN KGW ("ISSUE SHARES") IN THE FOLLOWING MANNER: - 24,140,000 ISSUE SHARES FOR APPLICATION BY THE MALAYSIAN PUBLIC; - 9,656,000 ISSUE SHARES FOR APPLICATION BY OUR ELIGIBLE DIRECTORS, EMPLOYEES AND PERSONS WHO HAVE CONTRIBUTED TO THE SUCCESS OF KGW AND OUR SUBSIDIARIES; - 7,241,800 ISSUE SHARES BY WAY OF PRIVATE PLACEMENT TO SELECTED INVESTORS; AND 38,624,000 ISSUE SHARES BY WAY OF PRIVATE PLACEMENT TO BUMIPUTERA INVESTORS APPROVED BY THE MINISTRY OF INVESTMENT, TRADE AND INDUSTRY ("MITI"); (II) OFFER FOR SALE OF 43,452,000 EXISTING SHARES ("OFFER SHARES") IN THE FOLLOWING MANNER: - 21,726,000 OFFER SHARES BY WAY OF PRIVATE PLACEMENT TO SELECTED INVESTORS; AND 21,726,000 OFFER SHARES BY WAY OF PRIVATE PLACEMENT TO BUMIPUTERA INVESTORS APPROVED BY THE MITI AT AN ISSUE/ OFFER PRICE OF RM0.21 PER ISSUE SHARE/ OFFER SHARE PAYABLE IN FULL UPON APPLICATION

KGW - Detailed Procedures for E-IPO Share Application and Acceptance.pdf

KGW Group Berhad_IPO Prospectus (Part 1).pdf

KGW Group Berhad_IPO Prospectus (Part 2).pdf

KGW Group Berhad_IPO Prospectus (Part 3).pdf

Discussions
Be the first to like this. Showing 50 of 272 comments

Augustine

that's right. KGW's BIG investors include Chin Hin founder's Datuk Seri Chiau and KIP REITS's chief executive, Ms Ong

2 weeks ago

HosayLiu

With this momentum, very high chance for it to close green today

2 weeks ago

depressedtrader

Easy rebound, pick up more around 0.25

2 weeks ago

tarkus2048

smell another run of new high, BUY KGW

2 weeks ago

BuildBackBossku

Just checking, is the logistics service tax (SST) raising to 8% ?

2 weeks ago

xSna13

monitor first, new high not so soon......

2 weeks ago

SuperTrump69

just queue around 24-25sen, shud be easy rebound up

2 weeks ago

ChandranG

The outlook for logistics remains optimistic according to Knight Frank Malaysia https://theedgemalaysia.com/node/713296

2 weeks ago

ChandranG

Buy and hold for 1 to 2 years. The return on investment will be good

2 weeks ago

CATSKU

just close ur eye and hold, KGW hidden gem among the peers.

2 weeks ago

jomvalueinvest2

Just for a recap, KGW Logistics (M) Sdn Bhd had partnered Universiti Tun Hussein Onn Malaysia (UTHM) to establish an enterprise trade hub to empower students with hands-on learning in logistics and e-commerce

1 week ago

tomxi88

Power lah, Kgw market cap still lower among its peer - 30 sen soon

1 week ago

BuildBackBossku

Opportunity to accumulate it today 😬

1 week ago

depressedtrader

why the long face lol, as long above 0.20 then all good 👍

1 week ago

Augustine

Ya, it is wobbling stably at 23 cents currently. Wait for the next rally to come then

1 week ago

tarkus2048

if break 25c next week then nice lor....

1 week ago

HosayLiu

Logistics wave hasn't ended yet. We will see a strong rebound next week

1 week ago

xSna13

New high coming lah, next quarter another record high profits

1 week ago

kahfui1221

wah, nice. It really starts rebounding 🆙⤴

1 week ago

SuperTrump69

Up up up, KGW strength start showing up!

1 week ago

ChandranG

It will gradually break the 1st resistance of 0.26 cents again 🙂

1 week ago

CATSKU

one of the pure play ocean freight player in market, 30 sen soon

1 week ago

jomvalueinvest2

KGW has a diverse client base that includes industries such as consumer products, construction, retail, communications, electronics, commodities, oil and gas, education and healthcare

1 week ago

jomvalueinvest2

profit of over RM1 million will be achieved in the next quarter. So, stay tuned 😁

1 week ago

tomxi88

1m actually possible since q1 is 900k, still cheap to buy now

1 week ago

Indestructible

i believe in KGW strength

1 week ago

depressedtrader

Tmr rebound coming, pick up tmr morning & wait rebound

1 week ago

tarkus2048

bouncing back off support & ez rebound.. another normal day here

1 week ago

BuildBackBossku

KGW Logistics also provides fast and timely delivery for all your air freight shipments as per needs and requirements of their clients 😉

https://www.freemalaysiatoday.com/category/nation/2024/06/25/govt-to-boost-airport-infrastructure-to-support-chip-sector/

6 days ago

HosayLiu

Today market is sinking into red sea ...dnt get washed out

6 days ago

xSna13

KGW having strong support around 0.24, scare what lol

6 days ago

Augustine

Hold tight because it will deliver impressive results in the second quarter

5 days ago

Ellyn20

PE ratio is 1250.. How much it will improve in the next quarter?

5 days ago

tomxi88

Test 0.25 resistance then rocket up soon, mark my words

5 days ago

CATSKU

Next week break out hehehehe, u guys collect enough?

5 days ago

kahfui1221

Momentum is back for KGW and next week it's gonna break new high

4 days ago

ChandranG

Resistance has been broke. Next stop 30 cents 🤗

4 days ago

BuildBackBossku

Singapore, the world’s second-largest container port, has seen particularly severe congestion in recent weeks. Logistic costs will continue to rise

https://www.marinelink.com/blogs/blog/singapore-congestion-at-port-shows-ripple-effect-of-red-sea-101181#:~:text=The%20congestion%20at%20Singapore's%20container,other%20Asian%20and%20European%20port.

2 days ago

Schwoosh

Momentum up!

2 days ago

depressedtrader

Strong momentum today, close green then price stable

2 days ago

tarkus2048

KGW already bounce back off support and keep going up, lets go!

1 day ago

jomvalueinvest2

I believe the company will be able to deliver stellar performance in Q2

1 day ago

ChandranG

Global port congestion reaches 18-month high, with 60% of ships waiting to berth located in Asia !

1 day ago

xSna13

KGW touching 0.30 this week 🙏 Big breakout coming!

1 day ago

SuperTrump69

not so soon, need more volume for push up

1 day ago

kahfui1221

KGW is riding on the rising freight rates 🚀

21 hours ago

HosayLiu

It has breached the MYR0.255 resistance to form a fresh “higher high” bullish candlestick. TP 1: MYR0.30, followed by TP 2 MYR0.34 for short-term trading

5 hours ago

BuildBackBossku

Follow the technical analysis from RHB to do some trades 😉

5 hours ago

CATSKU

Rhb buycall. Volume is rising in tandem with the share price, suggesting that strong bullish momentum is underway. Based on the momentum, the counter is setting its sights on the next resistance at MYR0.30, followed by MYR0.34. However, a fall below the MYR0.215 support would negate the bullish setup.

52 minutes ago

Post a Comment