ListedMain Market· 5331· Shariah-compliant

Pantech Global IPO

Industrial Products & Services, Metals. Offered at RM0.68 a share, listed on 3 Mar 2025.

Offer price

RM0.68

Shares offered

262.2m

RM178m at offer

Market cap at listing

RM578m

Offer period

10 Feb 2025 to 19 Feb 2025

Listing date

3 Mar 2025

Principal adviser

Alliance Islamic Bank Berhad

Timeline

Offer opens
10 Feb 2025
Offer closes
19 Feb 2025
Balloting
Done
Listed
3 Mar 2025

Oversubscription

44.9×

Public applications for 44.9 times the shares on offer, 20,240 applications.

First day of trading

-31.6%

Opened below the offer price, closed -15.4% on day one.

About Pantech Global

Pantech Global makes steel pipe fittings and stainless steel pipes used in industries such as oil and gas, petrochemicals, water treatment, and food and beverage, with manufacturing plants in Klang (Selangor) and Pasir Gudang (Johor).

First-day forecast

CISCOM's forecast for Pantech 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.