ITMAX SYSTEM BERHAD

KLSE (MYR): ITMAX (5309)

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Last Price

2.19

Today's Change

+0.02 (0.92%)

Day's Change

2.14 - 2.20

Trading Volume

2,489,400

IPO Info
Offer Period

Opening

2022-11-25

Closing

2022-11-25

Time Table

Allotment Date

2022-12-12

Listing Date

2022-12-13

Price

Issue Price

1.07

Units

1,028,000,000

Share Capital

261,253,866.440

No of Shares

Public Issue

190,553,600

Offer for Sale

129,446,400

Private Placement

-

Issuing House

TIIH - 730

ISIN Code

MYL5309OO009

Prospectus:

INITIAL PUBLIC OFFERING ("IPO") OF UP TO 320,000,000 ORDINARY SHARES IN ITMAX SYSTEM BERHAD ("ITMAX SYSTEM" OR "COMPANY") ("IPO SHARES") IN CONJUNCTION WITH THE LISTING OF AND QUOTATION FOR THE ENTIRE ENLARGED ISSUED ORDINARY SHARES IN ITMAX SYSTEM ("ITMAX SYSTEM SHARES" OR "SHARES") ON THE MAIN MARKET OF BURSA MALAYSIA SECURITIES BERHAD COMPRISING AN OFFER FOR SALE OF UP TO 129,446,400 EXISTING SHARES ("OFFER SHARES") AND A PUBLIC ISSUE OF 190,553,600 NEW SHARES ("ISSUE SHARES") INVOLVING: (I) INSTITUTIONAL OFFERING OF UP TO 289,160,000 IPO SHARES TO INSTITUTIONAL AND SELECTED INVESTORS, INCLUDING BUMIPUTERA INVESTORS APPROVED BY THE MINISTRY OF INTERNATIONAL TRADE AND INDUSTRY AT THE INSTITUTIONAL PRICE TO BE DETERMINED BY WAY OF BOOKBUILDING ("INSTITUTIONAL PRICE"); AND (II) RETAIL OFFERING OF 30,840,000 ISSUE SHARES TO THE DIRECTORS OF ITMAX SYSTEM, ELIGIBLE EMPLOYEES OF ITMAX SYSTEM AND ITS SUBSIDIARY ("GROUP"), PERSONS WHO HAVE CONTRIBUTED TO THE SUCCESS OF THE GROUP AND THE MALAYSIAN PUBLIC AT THE RETAIL PRICE OF RM1.07 PER ISSUE SHARE ("RETAIL PRICE"), PAYABLE IN FULL UPON APPLICATION AND SUBJECT TO REFUND OF THE DIFFERENCE BETWEEN THE RETAIL PRICE AND THE FINAL RETAIL PRICE (AS DEFINED IN THIS PROSPECTUS) IN THE EVENT THAT THE FINAL RETAIL PRICE IS LESS THAN THE RETAIL PRICE, SUBJECT TO THE CLAWBACK AND REALLOCATION PROVISIONS. THE FINAL RETAIL PRICE WILL BE EQUAL TO THE LOWER OF: (A) THE RETAIL PRICE; OR (B) THE INSTITUTIONAL PRICE.

ITMAX - English IPO - Bursa (Part 1).pdf

ITMAX - English IPO - Bursa (Part 2).pdf

ITMAX - English IPO - Bursa (Part 3).pdf

ITMAX - English IPO - Bursa (Part 4).pdf

Detailed Procedures for Application and Acceptance.pdf

Discussions
Be the first to like this. Showing 50 of 282 comments

speakup

Sell on news?

2023-07-12 11:18

KingKKK

Did you miss ITMAX which has surged a lot due to business in Johor? Want some other indirect proxy to UEMS/ Johor story?

SUCCESS is an indirect Johor proxy play. This company produces transformers which is used when Data Centre is built.

More data centre in Johor MEANS higher transformer demand MEANS higher earnings for SUCCESS.
Stock Code: 7207

Why does data center need transformer?
Transformers ensure stable power, distribute it efficiently, and protect data center equipment from electrical issues.

From its latest quarterly result...
"In the transformer products, we are experiencing robust demand from data centres, industrial machinery and the medical industry. The recent need for efficient cloud storage management has further driven growth of transformer demand in the data centre industry."

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3381717

2023-09-21 16:22

s3phiroth

Johor theme play is awesome!

2023-09-23 09:22

speakup

KSeng also Johor but cannot up

2023-09-23 09:58

speakup

Depends on operator nak goreng or not on Johor theme. In Kseng case duorang tak nak

2023-09-23 10:00

Ediee Tan

can go up to RM2? any comment. More project coming?

2023-09-25 20:19

speakup

Aneh, why repost old news? 4 days old news repost as new. Kenapa ni?

2023-09-27 22:34

Joscylyn

ITMAX slows down ... Guess another rally will happen when it presents good Q3 result

2023-10-05 09:49

BursaKakis

ITMAX Strengthens Its Presence In Johor With RM79.6 Million Contract
https://www.businesstoday.com.my/2023/10/10/itmax-strengthens-its-presence-in-johor-with-rm79-6-million-contract/

2023-10-10 20:03

Income

Yes pang72 is correct

2023-10-11 21:52

BursaKakis

State Smart Traffic Deal Can Propel ITMax To Next Level: HLIB
https://www.businesstoday.com.my/2023/10/11/state-smart-traffic-deal-can-propel-itmax-to-next-level-hlib/

2023-10-12 06:59

Income

Long life Itmax

2023-10-13 07:38

Income

如果你不爱我 就把我的心还我

2023-10-16 07:22

Income

如果你还爱我 就什么话都别说
就跟我一路狂奔 就不要想太多

2023-10-16 07:39

BursaKakis

HLIB expects ITMAX to win more jobs in Johor
https://theedgemalaysia.com/node/690841

2023-11-22 10:21

troy88

Very good QR!

2023-11-22 10:22

pinetree88

Got in at closing 1.80. Saw chart was flat at abt 1.7+ for many weeks. Hopefully BB have accumulated enough to start the up trend.

2023-11-22 17:23

Joscylyn

indeed, its Qr is superb. Hold and wait it to break RM2

2023-12-07 14:25

Joscylyn

more projects to come 😉

2023-12-11 10:36

BursaKakis

The company also just secured a contract from Malaysia Airports Holdings Bhd to supply and install aeronautical ground lighting control systems for six airports in the country - HLIB

2023-12-12 10:22

dawchok

Good growth prospect

2024-01-03 12:23

dawchok

Glad to see some upward movement

2024-01-05 10:17

rikki

Deals of 2023: Best Initial Public Offering | Main Market
https://theedgemalaysia.com/node/695240

2024-01-10 08:15

BursaKakis

ITMAX System attempting to stage a bullish breakout, says RHB Retail Research
https://theedgemalaysia.com/node/699044

2 months ago

hhhiii123

This ome so power, nobody interest haha?

2 months ago

James Ng

[转贴] [Video:浅谈ITMAX SYSTEM BERHAD, ITMAX, 5309] - James的股票投资James Share Investing
https://klse.i3investor.com/web/blog/detail/general/2024-02-02-story-h-189346292

2 months ago

BursaKakis

DBKL expands scope of KL street lighting job for ITMAX by RM47.2m
https://theedgemalaysia.com/node/700250

2 months ago

BursaKakis

HLIB raises ITMAX’s target price by 40% to RM2.91 on premium valuation
https://theedgemalaysia.com/node/700503

2 months ago

Kim

RM2.20 for sure.
Next TP RM2.30

2 months ago

Kim

Going above RM2.15 later.

2 months ago

troy88

HLIB TP 2.91 is a fair target price for this underrated gem..

2 months ago

bank2135

when is ITNX Qtr 4 result expected

2 months ago

niktraderinvestor

3.5 gogogo target before raya

2 months ago

BursaKakis

Maybank IB expects ITMAX's turnover to increase by RM23.6m for FY2024-FY2025
https://theedgemalaysia.com/node/700747

2 months ago

troy88

This gem still overlooked by many investors because it's not the fast and furious type of tech stock..

2 months ago

azfar8

Still can buy right? Any price can buy, but what I ask is regarding the current price, it's still worth investing, right?

2 months ago

BursaKakis

These are the stocks analysts favour for 2024
https://theedgemalaysia.com/node/701095

2 months ago

Joscylyn

Q4 result is out and it is exceptional

2 months ago

BursaKakis

ITMAX Records Full Year Growth Of 55.7% On PATAMI Of RM63.3 Million, Dividend 1.2 Sen Declared
https://www.businesstoday.com.my/2024/02/26/itmax-records-full-year-growth-of-55-7-on-patami-of-rm63-3-million-dividend-1-2-sen-declared/

2 months ago

Joscylyn

Congratulation to people who got this IPO and had caught this wave 🤗

1 month ago

Brutus

Solid QR, holding on since IPO day 1.

1 month ago

Joscylyn

You must have more than 60% paper gains, Brutus 😉 Huat Chai

1 month ago

Joscylyn

It really trend higher. https://theedgemalaysia.com/node/703241

1 month ago

troy88

HLIB TP 2.90 still long way to go..

1 month ago

bank2135

why itmax ctr stand still
company sec change

2 weeks ago

sten_still

Good company, just top up more

1 day ago

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