ListedMain Market· 5303· Shariah-compliant

Swift Haulage IPO

Transportation & Logistics Services. Offered at RM1.03 a share, listed on 21 Dec 2021.

Offer price

RM1.03

Shares offered

314.1m

RM324m at offer

Market cap at listing

RM917m

Offer period

30 Nov 2021 to 7 Dec 2021

Listing date

21 Dec 2021

Principal adviser

MIDF Amanah Investment Bank Berhad

Timeline

Offer opens
30 Nov 2021
Offer closes
7 Dec 2021
Balloting
Done
Listed
21 Dec 2021

Oversubscription

18.9×

Public applications for 18.9 times the shares on offer.

First day of trading

+4.8%

Opened above the offer price, closed -6.8% on day one.

About Swift Haulage

Swift Haulage is an integrated logistics service provider in Malaysia offering container haulage, land transportation, warehousing and container depot, and freight forwarding services. 5% market share of total TEU in Malaysia for FYE 2020.

First-day forecast

CISCOM's forecast for Swift Haulage 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.