ListedACE Market· 0287· Shariah-compliant

SSF Home Group IPO

Consumer Products & Services, Retailers. Offered at RM0.25 a share, listed on 12 Oct 2023.

Offer price

RM0.25

Shares offered

224.0m

RM56m at offer

Market cap at listing

RM200m

Offer period

8 Sept 2023 to 27 Sept 2023

Listing date

12 Oct 2023

Principal adviser

M & A Securities Sdn Bhd

Timeline

Offer opens
8 Sept 2023
Offer closes
27 Sept 2023
Balloting
Done
Listed
12 Oct 2023

Oversubscription

8.3×

Public applications for 8.3 times the shares on offer, 5,348 applications.

First day of trading

Opened at the offer price, closed +6% on day one.

About SSF Home Group

SSF Home Group is a Malaysian retailer of furniture, home décor and home living products, operating 41 retail outlets nationwide (over 1 million sq ft of retail space) alongside an e-commerce channel.

First-day forecast

CISCOM's forecast for SSF Home 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.