ListedMain Market· 5272· Shariah-compliant

Ranhill Holdings IPO

Utilities, Gas, Water & Multi-Utilities. Offered at RM1.20 a share, listed on 16 Mar 2016.

Offer price

RM1.20

Shares offered

4.75bn

RM5.70bn at offer

Market cap at listing

RM1.60bn

Offer period

31 Dec 2015 to 25 Feb 2016

Listing date

16 Mar 2016

Principal adviser

CIMB Investment Bank Berhad (18417-M)

Timeline

Offer opens
31 Dec 2015
Offer closes
25 Feb 2016
Balloting
Done
Listed
16 Mar 2016

Oversubscription

Undersubscribed

Public applications fell short of the shares on offer; the underwriters took up the balance.

First day of trading

-7.9%

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

About Ranhill Holdings

Ranhill Holdings Berhad is listed on the Main Market of Bursa Malaysia.

First-day forecast

CISCOM's forecast for Ranhill Holdings 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.

Create a free account →See Pro pricing

Already a member? Open the full page.

All upcoming Malaysian IPOs IPO results by year How to apply for an IPO

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.