ListedACE Market· 0238· Shariah-compliant

Cekd IPO

Industrial Products & Services, Industrial Materials, Components & Equipment. Offered at RM0.48 a share, listed on 29 Sept 2021.

Offer price

RM0.48

Shares offered

50.6m

RM24m at offer

Market cap at listing

RM93m

Offer period

6 Sept 2021 to 17 Sept 2021

Listing date

29 Sept 2021

Principal adviser

M&A Securities Sdn Bhd

Timeline

Offer opens
6 Sept 2021
Offer closes
17 Sept 2021
Balloting
Done
Listed
29 Sept 2021

Oversubscription

131.6×

Public applications for 131.6 times the shares on offer.

First day of trading

+25%

Opened above the offer price, closed +13.5% on day one.

About Cekd

CEKD Berhad, formerly known as Print and Pack Solution Group Berhad, is a printing and packaging company based in Kuala Lumpur that operates through its subsidiaries Sharp DCM Group and Hotstar.

First-day forecast

CISCOM's forecast for Cekd 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.