ListedACE Market· 0186· Shariah-compliant

Perak Transit IPO

Consumer Products & Services, Travel, Leisure & Hospitality. Offered at RM0.15 a share, listed on 6 Oct 2016.

Offer price

RM0.15

Shares offered

245.0m

RM37m at offer

Market cap at listing

RM171m

Offer period

15 Sept 2016 to 23 Sept 2016

Listing date

6 Oct 2016

Principal adviser

See prospectus

Timeline

Offer opens
15 Sept 2016
Offer closes
23 Sept 2016
Balloting
Done
Listed
6 Oct 2016

Oversubscription

19.8×

Public applications for 19.8 times the shares on offer.

First day of trading

+20%

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

About Perak Transit

Perak Transit Berhad is a public transport and transit services company based in Ipoh, Perak, Malaysia. my and is incorporated under the Companies Act, 1965.

First-day forecast

CISCOM's forecast for Perak Transit 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.