ListedACE Market· 0348· Shariah-compliant

Chemlite Innovation IPO

Industrial Products & Services, Industrial Services. Offered at RM0.25 a share, listed on 26 Mar 2025.

Offer price

RM0.25

Shares offered

180.0m

RM45m at offer

Market cap at listing

RM150m

Offer period

5 Mar 2025 to 12 Mar 2025

Listing date

26 Mar 2025

Principal adviser

UOB Kay Hian Securities (M) Sdn Bhd

Timeline

Offer opens
5 Mar 2025
Offer closes
12 Mar 2025
Balloting
Done
Listed
26 Mar 2025

Oversubscription

28.4×

Public applications for 28.4 times the shares on offer, 9,288 applications.

First day of trading

-8%

Opened below the offer price, closed -8% on day one.

About Chemlite Innovation

Chemlite Innovation provides surface finishing treatment services — metal plating (electroplating and electroless plating) and non-metal plating (anodising) — to intermediate metal products for customers in the semiconductor and E&E industries.

First-day forecast

CISCOM's forecast for Chemlite Innovation 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.