ListedACE Market· 0202· Shariah-compliant

Radiant Globaltech IPO

Technology, Digital Services. Offered at RM0.23 a share, listed on 24 Jul 2018.

Offer price

RM0.23

Shares offered

140.1m

RM32m at offer

Market cap at listing

RM121m

Offer period

28 Jun 2018 to 10 Jul 2018

Listing date

24 Jul 2018

Principal adviser

Alliance Investment Bank Berhad (AIBB)

Timeline

Offer opens
28 Jun 2018
Offer closes
10 Jul 2018
Balloting
Done
Listed
24 Jul 2018

Oversubscription

6.7×

Public applications for 6.7 times the shares on offer, 2,193 applications.

First day of trading

+117.4%

Opened above the offer price, closed +130.4% on day one.

About Radiant Globaltech

Provision of retail technology solutions including hardware for the retail industry, software for the retail industry, and maintenance and technical support services for retail hardware and software.

First-day forecast

CISCOM's forecast for Radiant Globaltech 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.