Open for applicationACE Market· 0478· Shariah-compliant

NWE Resources Group IPO

Consumer Products & Services, Personal Goods. Offered at RM0.20 a share, listing on 21 Oct 2026.

Offer price
RM0.20
Shares offered
143.1m
RM29m at offer
Market cap at listing
RM108m
Offer period
29 Sept 2026 to 9 Oct 2026
Listing date
21 Oct 2026
Principal adviser
KAF Investment Bank Berhad

Timeline

  1. Offer opens
    29 Sept 2026
  2. Offer closes
    9 Oct 2026
  3. Balloting
    To be announced
  4. Listing
    21 Oct 2026

About NWE Resources Group

NWE Resources Group does three things: it supplies hotel amenities such as shampoos, towels and coffee sachets to hospitality businesses, sells health foods and personal care products through its own MLM network called M-Plan (with about 7,300 active distributors), and formulates health food products for brand…

First-day forecast

CISCOM's forecast for NWE Resources Group 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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