ListedACE Market· 0182

LKL International IPO

Health Care Equipment & Services. Offered at RM0.20 a share, listed on 16 May 2016.

Offer price

RM0.20

Shares offered

1.13bn

RM226m at offer

Market cap at listing

RM86m

Offer period

26 Apr 2016 to 4 May 2016

Listing date

16 May 2016

Principal adviser

Alliance Investment Bank Berhad

Timeline

Offer opens
26 Apr 2016
Offer closes
4 May 2016
Balloting
Done
Listed
16 May 2016

Oversubscription

92.8×

Public applications for 92.8 times the shares on offer, 12,642 applications.

First day of trading

+75%

Opened above the offer price, closed +40% on day one.

About LKL International

Design and manufacturing of medical/healthcare beds, peripherals and accessories.

First-day forecast

CISCOM's forecast for LKL International 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.