ListedACE Market· 0372· Shariah-compliant

Cheeding Holdings IPO

Construction. Offered at RM0.36 a share, listed on 7 Oct 2025.

Offer price

RM0.36

Shares offered

208.0m

RM75m at offer

Market cap at listing

RM287m

Offer period

12 Sept 2025 to 23 Sept 2025

Listing date

7 Oct 2025

Principal adviser

TA Securities Holdings Berhad

Timeline

Offer opens
12 Sept 2025
Offer closes
23 Sept 2025
Balloting
Done
Listed
7 Oct 2025

Oversubscription

40.9×

Public applications for 40.9 times the shares on offer, 14,263 applications.

First day of trading

+94.4%

Opened above the offer price, closed +104.2% on day one.

About Cheeding Holdings

Cheeding Holdings Berhad, through its subsidiary Pembinaan Bukit Cheeding, provides infrastructure utilities engineering solutions in Malaysia — primarily EPCC (Engineering, Procurement, Construction and Commissioning) and maintenance of overhead and underground power transmission infrastructure.

First-day forecast

CISCOM's forecast for Cheeding 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.