Prospectus exposedACE Market

Million Reenergy IPO

Industrial Products & Services, Industrial Services. Offer price to be announced.

Offer price

TBA

Shares offered

180.0m

Market cap at listing

TBA

Offer period

TBA

Listing date

TBA

Principal adviser

M & A Securities Sdn Bhd

Timeline

Offer opens
To be announced
Offer closes
To be announced
Balloting
To be announced
Listing
To be announced

About Million Reenergy

Million Reenergy repairs, services, and does full overhauls of diesel engines and their parts, operating under the MS Diesel Service brand in Malaysia and Indonesia.

First-day forecast

CISCOM's forecast for Million Reenergy 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.