Feytech Holdings IPO
Industrial Products & Services, Auto Parts. Offered at RM0.80 a share, listed on 21 May 2024.
Timeline
- Offer opens2 May 2024
- Offer closes8 May 2024
- BallotingDone
- Listed21 May 2024
Public applications for 15.6 times the shares on offer, 14,687 applications.
Opened above the offer price, closed +37.5% on day one.
About Feytech Holdings
Feytech Holdings is a Malaysia-based manufacturer of automotive seat covers, interior part covers, and fully-assembled automotive seats.
CISCOM's forecast for Feytech 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.