ListedMain Market· 5292· Shariah-compliant

UWC IPO

Technology, Semiconductors. Offered at RM0.82 a share, listed on 10 Jul 2019.

Offer price

RM0.82

Shares offered

103.0m

RM84m at offer

Market cap at listing

RM301m

Offer period

17 Jun 2019 to 28 Jun 2019

Listing date

10 Jul 2019

Principal adviser

Hong Leong Investment Bank Berhad

Timeline

Offer opens
17 Jun 2019
Offer closes
28 Jun 2019
Balloting
Done
Listed
10 Jul 2019

Oversubscription

5.0×

Public applications for 5.0 times the shares on offer.

First day of trading

+34.2%

Opened above the offer price, closed +70.7% on day one.

About UWC

UWC is an integrated engineering supporting services provider offering precision sheet metal fabrication, precision machined components, and value-added assembly services including sub-module, electro-mechanical and full assembly.

First-day forecast

CISCOM's forecast for UWC 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.