ListedMain Market· 5343· Shariah-compliant

Wasco Greenergy IPO

Energy, Renewable Energy. Offered at RM1.00 a share, listed on 11 Dec 2025.

Offer price
RM1.00
Shares offered
150.0m
RM150m at offer
Market cap at listing
RM500m
Offer period
20 Nov 2025 to 28 Nov 2025
Listing date
11 Dec 2025
Principal adviser
CIMB Investment Bank Berhad

Timeline

  1. Offer opens
    20 Nov 2025
  2. Offer closes
    28 Nov 2025
  3. Balloting
    Done
  4. Listed
    11 Dec 2025
Oversubscription
12.1×

Public applications for 12.1 times the shares on offer, 5,871 applications.

First day of trading
-5%

Opened below the offer price, closed -12% on day one.

About Wasco Greenergy

Wasco Greenergy Berhad is a Malaysia-based renewable energy systems provider engaged in EPCC of biomass steam energy systems and auxiliary facilities, supply of steam turbine generator systems, after-sales services, and sale of palm oil milling equipment, operating across Malaysia and Indonesia.

First-day forecast

CISCOM's forecast for Wasco Greenergy 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.

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