Evocom IPO
Consumer Products & Services, Consumer Services. Offered at RM0.18 a share, listed on 28 Sept 2026.
Timeline
- Offer opens3 Sept 2026
- Offer closes14 Sept 2026
- BallotingDone
- Listed28 Sept 2026
Public applications for 3.6 times the shares on offer.
Opened below the offer price, closed -27.8% on day one.
About Evocom
Evocom supplies workers to e-commerce logistics companies, mainly Shopee Express (SPX), and also runs delivery-related services such as last-mile delivery, air freight transhipment, and parcel shipment.
CISCOM's forecast for Evocom 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.