Rhone MA Holdings IPO
Consumer Products & Services, Agricultural Products. Offered at RM0.75 a share, listed on 19 Dec 2016.
Timeline
- Offer opens29 Nov 2016
- Offer closes6 Dec 2016
- BallotingDone
- Listed19 Dec 2016
Public applications for 22.5 times the shares on offer.
Opened above the offer price, closed +14.9% on day one.
CISCOM's forecast for Rhone MA 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.