ListedMain Market· 5277· Shariah-compliant

Foundpac Group IPO

Industrial Products & Services, Industrial Materials, Components & Equipment. Offered at RM0.54 a share, listed on 29 Dec 2016.

Offer price

RM0.54

Shares offered

132.0m

RM71m at offer

Market cap at listing

TBA

Offer period

13 Dec 2016 to 19 Dec 2016

Listing date

29 Dec 2016

Principal adviser

See prospectus

Timeline

Offer opens
13 Dec 2016
Offer closes
19 Dec 2016
Balloting
Done
Listed
29 Dec 2016

Oversubscription

14.2×

Public applications for 14.2 times the shares on offer.

First day of trading

+13.0%

Opened above the offer price, closed +22.2% on day one.

First-day forecast

CISCOM's forecast for Foundpac Group 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.