Wawasan Dengkil Holdings IPO
Construction. Offered at RM0.25 a share, listed on 25 Mar 2025.
Timeline
- Offer opens28 Feb 2025
- Offer closes11 Mar 2025
- BallotingDone
- Listed25 Mar 2025
Public applications for 17.4 times the shares on offer, 8,562 applications.
Opened at the offer price, closed -8% on day one.
About Wawasan Dengkil Holdings
Through its wholly-owned subsidiary WDSB, the group provides earthworks and civil engineering construction services, trades construction materials (sand, stone, earth), and rents out machineries and commercial vehicles such as excavators and tipper trucks.
CISCOM's forecast for Wawasan Dengkil 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.