ListedACE Market· 0200· Shariah-compliant

Revenue Group IPO

Technology, Digital Services. Offered at RM0.37 a share, listed on 18 Jul 2018.

Offer price

RM0.37

Shares offered

72.4m

RM27m at offer

Market cap at listing

RM82m

Offer period

11 Jun 2018 to 6 Jul 2018

Listing date

18 Jul 2018

Principal adviser

M&A Securities Sdn Bhd

Timeline

Offer opens
11 Jun 2018
Offer closes
6 Jul 2018
Balloting
Done
Listed
18 Jul 2018

Oversubscription

11.2×

Public applications for 11.2 times the shares on offer.

First day of trading

+48.6%

Opened above the offer price, closed +68.9% on day one.

About Revenue Group

A cashless payment solutions provider in Malaysia offering technology-led multi-channel payment solutions.

First-day forecast

CISCOM's forecast for Revenue Group 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.