ListedACE Market· 0398· Shariah-compliant

Golden Destinations Group IPO

Consumer Products & Services, Travel, Leisure & Hospitality. Offered at RM0.45 a share, listed on 16 Apr 2026.

Offer price

RM0.45

Shares offered

300.0m

RM135m at offer

Market cap at listing

RM450m

Offer period

26 Mar 2026 to 4 Apr 2026

Listing date

16 Apr 2026

Principal adviser

UOB Kay Hian (M) Sdn Bhd

Timeline

Offer opens
26 Mar 2026
Offer closes
4 Apr 2026
Balloting
Done
Listed
16 Apr 2026

Oversubscription

2.1×

Public applications for 2.1 times the shares on offer, 3,444 applications.

First day of trading

+8.9%

Opened above the offer price, closed -11.1% on day one.

About Golden Destinations Group

Golden Destinations Group designs and sells outbound holiday packages, cruise trips, and air ticketing under its Golden Destinations (GD) brand, covering 84 countries across all continents.

First-day forecast

CISCOM's forecast for Golden Destinations 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.