ListedACE Market· 0339· Shariah-compliant

CBH Engineering Holding IPO

Industrial Products & Services, Industrial Services. Offered at RM0.28 a share, listed on 16 Jan 2025.

Offer price

RM0.28

Shares offered

486.1m

RM136m at offer

Market cap at listing

RM527m

Offer period

20 Dec 2024 to 2 Jan 2025

Listing date

16 Jan 2025

Principal adviser

Mercury Securities Sdn Bhd

Timeline

Offer opens
20 Dec 2024
Offer closes
2 Jan 2025
Balloting
Done
Listed
16 Jan 2025

Oversubscription

34.2×

Public applications for 34.2 times the shares on offer, 24,992 applications.

First day of trading

+17.9%

Opened above the offer price, closed +19.6% on day one.

About CBH Engineering Holding

CBH Engineering Holding Berhad is a Malaysian electrical and mechanical (M&E) engineering service provider with 34 years of operating history, specialising in the design, supply, installation, testing, commissioning and maintenance of HV, MV, LV and ELV electrical distribution systems.

First-day forecast

CISCOM's forecast for CBH Engineering Holding 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.