ListedMain Market· 5275

Bison Consolidated IPO

Consumer Products & Services, Retailers. Offered at RM1.10 a share, listed on 29 Mar 2016.

Offer price

RM1.10

Shares offered

80.6m

RM89m at offer

Market cap at listing

RM341m

Offer period

4 Mar 2016 to 14 Mar 2016

Listing date

29 Mar 2016

Principal adviser

CIMB Investment Bank Berhad

Timeline

Offer opens
4 Mar 2016
Offer closes
14 Mar 2016
Balloting
Done
Listed
29 Mar 2016

Oversubscription

6.9×

Public applications for 6.9 times the shares on offer, 6,754 applications.

First day of trading

-0.9%

Opened below the offer price, closed +6.4% on day one.

About Bison Consolidated

com' trade name, operating a chain of 223 outlets across Malaysia focused on urbanised high foot traffic areas, plus 8 outlets under 'WHSmith' brand within Malaysian international airports via an equal joint venture with WH Smith Travel.

First-day forecast

CISCOM's forecast for Bison Consolidated 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.

Create a free account →See Pro pricing

Already a member? Open the full page.

All upcoming Malaysian IPOs IPO results by year How to apply for an IPO

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.