Reach Ten Holdings IPO
Telecommunications & Media, Telecommunications Service Providers. Offered at RM0.52 a share, listed on 2 May 2025.
Timeline
- Offer opens9 Apr 2025
- Offer closes18 Apr 2025
- BallotingDone
- Listed2 May 2025
Public applications for 1.9 times the shares on offer, 2,706 applications.
Opened at the offer price, closed +3.9% on day one.
About Reach Ten Holdings
Reach Ten Holdings is a Sarawak-based telecommunications services provider with approximately 18 years of operating history, principally engaged in satellite-based communication networks and services (its dominant revenue segment), fibre optic communication networks, and telecommunications infrastructure and managed…
CISCOM's forecast for Reach Ten 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.
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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.