Innature IPO
Consumer Products & Services, Personal Goods. Offered at RM0.68 a share, listed on 20 Feb 2020.
Timeline
- Offer opens29 Jan 2020
- Offer closes6 Feb 2020
- BallotingDone
- Listed20 Feb 2020
Public applications for 13.4 times the shares on offer, 6,014 applications.
Opened above the offer price, closed -3.7% on day one.
About Innature
Investment holding company principally involved in the retailing and distribution of The Body Shop (TBS) products through its subsidiaries (Rampai-Niaga, TBS Vietnam and Green Cosmetics) holding TBS franchises in West Malaysia, Sabah and Labuan; Vietnam; and Cambodia respectively.
CISCOM's forecast for Innature 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.