ListedACE Market· 0261

Cosmos Technology International IPO

Industrial Products & Services, Industrial Services. Offered at RM0.35 a share, listed on 6 Oct 2022.

Offer price
RM0.35
Shares offered
64.1m
RM22m at offer
Market cap at listing
RM90m
Offer period
14 Sept 2022 to 22 Sept 2022
Listing date
6 Oct 2022
Principal adviser
Mercury Securities Sdn Bhd

Timeline

  1. Offer opens
    14 Sept 2022
  2. Offer closes
    22 Sept 2022
  3. Balloting
    Done
  4. Listed
    6 Oct 2022
Oversubscription
58.0×

Public applications for 58.0 times the shares on offer, 8,328 applications.

First day of trading
+42.9%

Opened above the offer price, closed +60% on day one.

About Cosmos Technology International

Cosmos Technology International Berhad is an integrated water technology solutions provider operating through two segments: distribution and instrumentation services of fluid control products (electronic flowmeters, telemetry/dataloggers) for the water and wastewater industries, and manufacturing of fabricated metal…

First-day forecast

CISCOM's forecast for Cosmos Technology International 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.

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