Edelteq Holdings IPO
Technology Equipment. Offered at RM0.24 a share, listed on 7 Jun 2023.
Timeline
- Offer opens9 May 2023
- Offer closes17 May 2023
- BallotingDone
- Listed7 Jun 2023
Public applications for 152.0 times the shares on offer, 35,292 applications.
Opened above the offer price, closed +204.2% on day one.
About Edelteq Holdings
Edelteq provides engineering support for IC assembly and test processes in the semiconductor industry, through design and assembly of IC burn-in boards and PCBs, supply and refurbishment of IC assembly and test consumables, and design/development of automated test equipment (ATE) and factory automation.
CISCOM's forecast for Edelteq 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.