ListedMain Market· 5286· Shariah-compliant

MI Equipment Holdings IPO

Technology Equipment. Offered at RM1.42 a share, listed on 20 Jun 2018.

Offer price

RM1.42

Shares offered

152.9m

RM217m at offer

Market cap at listing

RM710m

Offer period

TBA

Listing date

20 Jun 2018

Principal adviser

Affin Hwang Investment Bank Berhad

Timeline

Offer opens
To be announced
Offer closes
7 Jun 2018
Balloting
Done
Listed
20 Jun 2018

Oversubscription

0.2×

Public applications for 0.2 times the shares on offer, 1,967 applications.

First day of trading

-2.1%

Opened below the offer price, closed +8.4% on day one.

About MI Equipment Holdings

Design, development, manufacture and sale of WLCSP sorting machines with inspection and testing capabilities for the semiconductor industry.

First-day forecast

CISCOM's forecast for MI Equipment Holdings 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.