IPO of 104,296,800 new ordinary shares in SDS (“SDS Shares”) to be allocated in the following manner:

~ 20,291,200 SDS Shares made available to the Malaysian public;

~ 23,132,000 SDS Shares made available to the eligible directors and employees and business associates/persons who have contributed to the success of the SDS Group; and

~ 60,873,600 SDS Shares by way of private placement to selected investors

https://www.sc.com.my/prospectus-exposure-sds-group-berhad/

This post has been edited by nexona88: Jul 25 2020, 06:45 PM

kuat ni, one time boom 3 IPO

heheheh
give chance others open topic..
No response..

SO I open 3 Potential IPO topic

Parking n come back after price released

KUALA LUMPUR (Aug 23): Family-run SDS Group Bhd is aiming to list on Bursa Malaysia's ACE Market on Oct 7.
The Johor-based bakery products manufacturer and distributor said it would be raising RM23.99 million from its initial public offering (IPO)

Whatt. ? ... " BREAD IPO "

This post has been edited by SURE ANGPOW: Aug 24 2019, 05:48 PM

Endless Possibilities 👌

so who going for this one?

I am more interested in this one compared to MTAG.

Their food, bread, cafes are pretty good.

u r johorean?can snap some pics of their business premise?

Some RM6 million or 25% of the IPO proceeds will be used to expand its business presence for both its wholesale and retail channels within the northern and central regions of Peninsular Malaysia, RM7.79 million or 32.5% will be used for working capital requirements, RM7 million or 29.2% to repay bank borrowings and RM3.2 million or 13.3% to defray listing expenses associated with the IPO.

Source: https://www.theedgemarkets.com/article/sds-...listing-october

the prospectus link is broken

Already expired 😑
Limited time only available

I am johorean, but never heard of this company or any of their products or café.

The downside of their prospectus is 1/3 to repay bank borrowings which is alot of money and also on working capital requirements. It seems to me they are trying to pare down debts/borrowings. But in another way, they want to be in a low/net-debt position?

You serious? It's pretty well-known in Johor Bahru. Since Johor is pretty huge, which part of Johor you're in? Maybe thats why.

SDS focus more on bigger cities/town.

when i first heard it

I thought it was the SCS Dairy group (SCS Butter etc)

then realize this is SDS Bakery hahaha

Another BOBBY TRAP IPO ?

This post has been edited by SURE ANGPOW: Aug 30 2019, 09:07 PM

i am from batu pahat, if this company only focus on johor bahru, u can imagine how small is this company and how small is their market. i am curious how this small company can list on ace market , instead of leap market. beautified accounting and profit record ?
will try apply abit, dun care abt it , as long as the stock price increase, it is a good stock.

"It seems to me they are trying to pare down debts/borrowings. But in another way, they want to be in a low/net-debt position?"
Is that a good thing?So business can go on without worrying about monthly debt payments?

With 23 sen per share,I think is not worth entering.Too expensive at todays market.
So,no buy.

Another Argghhhhhh ?

##Till now , All IB / Brokers Firm are Scared Liao to give any TP / Fair Value

the same thing for Kaput ( ? ) MTAG

This post has been edited by SURE ANGPOW: Sep 9 2019, 12:36 PM