ListedACE Market· 0315

Kucingko IPO

Telecommunications & Media, Media. Offered at RM0.30 a share, listed on 26 Jul 2024.

Offer price
RM0.30
Shares offered
200.0m
RM60m at offer
Market cap at listing
RM150m
Offer period
28 Jun 2024 to 12 Jul 2024
Listing date
26 Jul 2024
Principal adviser
Kenanga Investment Bank Berhad

Timeline

  1. Offer opens
    28 Jun 2024
  2. Offer closes
    12 Jul 2024
  3. Balloting
    Done
  4. Listed
    26 Jul 2024
Oversubscription
99.0×

Public applications for 99.0 times the shares on offer, 21,929 applications.

First day of trading
+168.3%

Opened above the offer price, closed +90% on day one.

About Kucingko

Kucingko Berhad is a Malaysian 2D animation production service provider with over 22 years of operating history, producing outsourced animated series and short films for international content owners and producers.

First-day forecast

CISCOM's forecast for Kucingko 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.

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