ListedACE Market· 0192· Shariah-compliant

Inta Bina Group IPO

Construction. Offered at RM0.25 a share, listed on 25 May 2017.

Offer price

RM0.25

Shares offered

133.8m

RM33m at offer

Market cap at listing

RM134m

Offer period

5 May 2017 to 15 May 2017

Listing date

25 May 2017

Principal adviser

M&A Securities Sdn Bhd

Timeline

Offer opens
5 May 2017
Offer closes
15 May 2017
Balloting
Done
Listed
25 May 2017

Oversubscription

42.7×

Public applications for 42.7 times the shares on offer.

First day of trading

+24%

Opened above the offer price, closed +22% on day one.

About Inta Bina Group

Investment holding company with one subsidiary (Inta Bina Sdn Bhd). Principally involved in securing and carrying out building construction contracts in Malaysia, mainly in Klang Valley and Johor.

First-day forecast

CISCOM's forecast for Inta Bina 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.