L&P Global IPO
Industrial Products & Services, Industrial Services. Offered at RM0.30 a share, listed on 3 Jan 2023.
Timeline
- Offer opens13 Dec 2022
- Offer closes19 Dec 2022
- BallotingDone
- Listed3 Jan 2023
Public applications for 36.1 times the shares on offer, 11,740 applications.
Opened above the offer price, closed +81.7% on day one.
About L&P Global
L&P Global is an integrated industrial packaging solutions provider with 38 years of experience, designing and manufacturing wooden industrial packaging products (boxes, crates, pallets) and providing packing services, circular supply services (repairing and remanufacturing used pallets), and trading as a…
CISCOM's forecast for L&P Global 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.