ListedACE Market· 0308· Shariah-compliant

KTI Landmark IPO

Property. Offered at RM0.30 a share, listed on 19 Jun 2024.

Offer price

RM0.30

Shares offered

205.0m

RM62m at offer

Market cap at listing

RM240m

Offer period

21 May 2024 to 4 Jun 2024

Listing date

19 Jun 2024

Principal adviser

M & A Securities Sdn Bhd

Timeline

Offer opens
21 May 2024
Offer closes
4 Jun 2024
Balloting
Done
Listed
19 Jun 2024

Oversubscription

8.1×

Public applications for 8.1 times the shares on offer, 6,912 applications.

First day of trading

Opened at the offer price, closed -5% on day one.

About KTI Landmark

KTI Landmark is a Sabah-based property developer and construction company with 40 years of operating history, principally involved in design and build construction services (primarily for government-linked housing body LPPB) and its own property development projects.

First-day forecast

CISCOM's forecast for KTI Landmark 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.

Create a free account →See Pro pricing

Already a member? Open the full page.

All upcoming Malaysian IPOs IPO results by year How to apply for an IPO

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.