well only time would tell...

needed to see pricing of the IPO too...

Pricing will be quite high judging the amount of shares

Seems like the owner is holding on and divesting very little

Let’s see got ESOS or not

Need to see final pricing first...

For now it's just like 50% complete...
Got few more stage before listings 🙏

Can’t wait for the price. Another nationgate?

Any other IPO for Feb other than Oppstar.Cannot wait IPO like TTvision.

when this new IPO will start launch ?

Tolong jawab Nexona88

Still pending for book valuation 🤦‍♀️

Wait till AFFIN Invesment for announcement

KUALA LUMPUR: ACE Market-bound Oppstar Bhd has inked an underwriting agreement with Affin Hwang Investment Bnk Bhd in conjunction with its initial public offering (IPO).

The integrated circuit design service provider said its IPO involves a public issue of 165.48 million new shares or 26% of its enlarged issued share capital of 636.2 million shars upon listing.

Of the shares, 31.81 million will be made available for application by the Malaysian public.

The company will also make available 22.27 million shares for application by eligible directors, employees and business associates who have contributed to the success of the group.

Via private placement, 31.88 million shares will be allocated to selected investors and 79.53 million shares to indentified Bumiputera investors approved by the Ministry of International Trade and Industry.

"The signing of the underwriting agreement symbolises a significant milestone for Oppstar as it brings us one step closer to being a listed entity.

"The IPO will provide funding for our expansion and enable the public to participate in the Group’s growth. We aim to increase our presence in the IC design industry in the region and create a greater impact on the semiconductor supply chain," said Oppstar executive director and CEO Ng Meng Thai in a statement.

Will be oversubscribed highly and difficult to get

when this ipo gonna be out for public?.. got any dates?

Now waiting for SC approval and then Bursa will anoounce the dates

Books is done so confirm within this quarter

fuyoh something like 45cts satu biji

I believe it will be more than this price.As long as it dose not exceeds
RM 1 is good enough.

From other group, I think gonna out in march 🤔

it seem like hard to get..oversubscription..

Saya penat nunggu keputusan Oppstar Berhad dari MITI.

Maybe sedang allocate kepada "yang memerlukan pertolongan" seperti croni 😁

Ada Baki lebih, baru bagi kat public 😜

This post has been edited by nexona88: Feb 10 2023, 10:17 AM

Makasih Nexona88 di atas pencerahan IPO Oppstar