ListedMain Market· 5307· Shariah-compliant

AME Real Estate Investment Trust IPO

Real Estate Investment Trusts. Offered at RM1.15 a share, listed on 20 Sept 2022.

Offer price

RM1.15

Shares offered

146.3m

RM168m at offer

Market cap at listing

RM598m

Offer period

17 Aug 2022 to 24 Aug 2022

Listing date

20 Sept 2022

Principal adviser

Hong Leong Investment Bank Berhad

Timeline

Offer opens
17 Aug 2022
Offer closes
24 Aug 2022
Balloting
Done
Listed
20 Sept 2022

Oversubscription

2.5×

Public applications for 2.5 times the shares on offer.

First day of trading

-0.9%

Opened below the offer price, closed +0.9% on day one.

About AME Real Estate Investment Trust

AME REIT is an Islamic real estate investment trust established to invest in a Shariah-compliant portfolio of income-producing industrial and industrial-related properties in Malaysia. 0 million.

First-day forecast

CISCOM's forecast for AME Real Estate Investment Trust is available to Pro members.

Every IPO gets a projected first-day range and a probability of opening above the offer price, built from the most similar past listings on Bursa Malaysia. Across 246 IPOs in the walk-forward back-test, the model called the first-day direction right 74% of the time. Educational estimates, not investment advice.

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Facts on this page come from Bursa Malaysia announcements, the prospectus and issuing-house press releases, and can change. CISCOM is an educational service and does not provide investment advice. Past performance does not guarantee future results. Consult a licensed adviser before investing.