Cabnet Holdings IPO
Technology Equipment. Offered at RM0.56 a share, listed on 22 May 2017.
Timeline
- Offer opens28 Apr 2017
- Offer closes8 May 2017
- BallotingDone
- Listed22 May 2017
Public applications for 48.3 times the shares on offer.
Opened above the offer price, closed +21.4% on day one.
CISCOM's forecast for Cabnet Holdings 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.