DS Sigma Holdings IPO
Industrial Products & Services, Packaging Materials. Offered at RM0.55 a share, listed on 6 Jan 2023.
Timeline
- Offer opens13 Dec 2022
- Offer closes21 Dec 2022
- BallotingDone
- Listed6 Jan 2023
Public applications for 25.8 times the shares on offer, 13,031 applications.
Opened above the offer price, closed +12.7% on day one.
About DS Sigma Holdings
DS Sigma is an investment holding company principally engaged in the manufacture of corrugated paper packaging products (cartons, protective packaging, paper pallets) and supply of non-paper protective packaging (plastic, foam, rubber) through its three wholly-owned subsidiaries.
CISCOM's forecast for DS Sigma 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.
Already a member? Open the full page.
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.