ListedMain Market· 5276· Shariah-compliant

Dancomech Holdings IPO

Industrial Products & Services, Industrial Materials, Components & Equipment. Offered at RM0.75 a share, listed on 21 Jul 2016.

Offer price

RM0.75

Shares offered

40.0m

RM30m at offer

Market cap at listing

TBA

Offer period

23 Jun 2016 to 12 Jul 2016

Listing date

21 Jul 2016

Principal adviser

See prospectus

Timeline

Offer opens
23 Jun 2016
Offer closes
12 Jul 2016
Balloting
Done
Listed
21 Jul 2016

Oversubscription

26.8×

Public applications for 26.8 times the shares on offer, 8,603 applications.

First day of trading

+6.7%

Opened above the offer price, closed +6.7% on day one.

First-day forecast

CISCOM's forecast for Dancomech 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.