IPO in conjunction with UIB’s listing on the ACE Market comprising:

Public issue of 281,250,000 new ordinary shares in UIB (“Shares”) in the following manner:

70,312,500 new Shares available for application by the Malaysian public;

70,312,500 new Shares available for application by eligible directors and employees as well as persons who have contributed to the success of the Group;

105,468,750 new Shares by way of private placement to Bumiputera investors approved by the Ministry of International Trade and Industry (“MITI”); and

35,156,250 new Shares by way of private placement to selected investors

Offer for sale of 112,500,000 existing Shares in the following manner:

70,312,500 existing Shares by way of private placement to Bumiputera investors approved by MITI; and

42,187,500 existing Shares by way of private placement to selected investors

UIB is an investment holding company. Through its subsidiaries , UIB is principally involved in the business of wholesale and distribution of building materials, manufacturing and sale of pre insulated pipes, and rental of temporary structural support equipment.

This post has been edited by nexona88: Jun 15 2022, 10:52 AM

Wow this company revenue is in the billion one.. Listing in ACE.. This I think I will hentam..

Beware look at cashflow because revenue billions doesn’t mean anything if they cannot collect from their customers

This post has been edited by Pinvader: May 17 2022, 04:02 PM

closed at 30/5?

Unlikely Closed on 30 May

Syariah or not

Why nobody buying into this?

Why open so long one? 30 may baru closing

Listing June 14 😁

Chill first...
Longggg wayyyyy to go before closing 😊

got belum hoot saja mah
sikalang pegi holiday dulu
nanti lepas 2 minggu kira ada berapa wang left
baru hoot sama dia

mali.... sama sama, mali
hamtam Unitrade
Sama sama, untung kaw kaw
ok lah, mau raya dulu
many kueh to eat

If not mistaken syariah by third party. Have to recheck.

Maybe due to long holiday / raya mood?

So if follow norm...
It's fall near / during Raya holiday 😁
No staff to process application

Ok what, enough time for cnergenz to refund and apply this

Any recommendation on this IPO

Construction macam kaput oreli, tat why ini ipo closing end of the month, kasi lu fikir baik2

Got time to buy
Chill first.. no worries 😁

Some one comment that this company hutang banyak sangat. Highly leverage.
maybe boleh lah naik... 0.030 ... to 0.350 at the open.

sos?

Hutang bank banyak banyak? (very normal practice, ntg to shout off)
or
Hutang creditors banyak banyak (don't learn Serba can d)

nvm

This post has been edited by nyunyu: May 16 2022, 02:14 PM

-9.4% (-RM0.01) by TA

Huh?
First time like this by IBs? 🤔

Not sure but I might skip this one.

Normally..
IBs give glowing review & TP/FV
But this one really weird....

Now have doubt on this IPO 🧐

Yes plus it weird the close date is very long.

Maybe because of non shariah status..
🤔🤔🤔

Its syariah

Over priced by 10%

RHB FV RM0.33 vs TA FV RM0.29

Should go in or not? Too many IPO at one time.

I will pass this one.

Thanks! I’ll pass on this one.

so, this is a over priced ipo?

seems like it...

needed more TPs to see how

Potential Trap
Another. SENHENG

tak boleh guna one lah, sure rugi, kenot goreng lah, no hope lah...... ha ha ha..... but but but but but
nanti 10 times oversubscribed

Today is last day, I will applied some. See can dapat or not

Haven't dapat a single sen this year

Sure you get this IPO
Yes - Good to Be Contrarian
The Boss may want to prove the TP of 29 sen by TA below ipo price 32 sen is dead wrong

Possible TP 40 - 50 sen making many to be mad n regretted

This post has been edited by IPO ADDICT: May 30 2022, 02:31 PM

The TP given make many worry including yours truly 🤨

But No apply zero chance...
Apply got some chance...

After get, open below IPO.
Another headache....

Decision Decision Decision....

Public invest gave TP of 0.34

Will fly on listing day

Will see on the 7th.

No result?

Under subscribe - meaning got all what we applied for

Chearsss ??

Any news on this?

Ipo oversubscribed by 2.35 x

Probably because there are many IPO now..

Gud luck

looks like whom ever applying is getting allocation.

Will be an interesting opening day

Tak sabar nak tengok game on listing day.

below 100k no table? 100% allocated?

14June bro.

7th is to see he dapat or not.. but looks like anything below 1 mil is 100% allocated.

This is very stressful for all who got .

Why this counter can like that.???

Guarantee allocation 😁

All eyes on listing day now....

All still pending..maybe Tuesday becoz monday is public holiday

Guarantee get allocation...

Unless....
Duplicate application or Wrong information...

Hoping the best

This post has been edited by nikazwa: Jun 4 2022, 11:39 AM

More worries about the listing day...
Standby 😁

Why the result still pending after so long

Ya really unusual this IPO...

What result? Already allocated. 100% success rate.

no refund yet on balance from public bank..anyone in same situation?

CIMB - not refund yet

which category? most is 100% allocation except 1 mil above

100% allocation ?

Whatever we applied if below 100k units will get all...next monday will show the result in our bank

Congratulation.. One shot make big money tomorrow.. Mari Mari.. Angpow besar..

i am so sorry and sad to say this..but if can breakeven is already a BIG BIG BLESSIng!!!!

yalorr.. today market plunge kaw2 ...

Anyone got their allotment updates in CDS account today? Or we can only see it tomorrow?

Can't rule out to be another Senheng - start trading almost 20 % below the ipo price . Further more with almost all ipo applicants got their ipo share...and nearly every one want to sell@runnn for their live...
And the market sentiment local n global in very bad shape due to Global recession . Dow jone keep falling minus 700 , minus 900....and here Bursa's KLCI collapsed 30 points with more than 1,000 counters down...

#GoodLuck

This post has been edited by IPO ADDICT: Jun 13 2022, 08:19 PM

I hope it will not open below 0.300. Otherwise it can be bad. Today's market close is not helping. I think 0.300 and above can let go first. Can buy back on the drop later or just forget about yhis counter. I had decided not to apply the last few IPOs so luckily or unluckily I don't have any but still intresread to daytrade.

those who got this IPO.. hv to be mentally strong for tomorrow...

As of now Dow Jone collapsed more than 800 points...

What a " lucky " unitrade ipo

Hmmm...looks like NO Way to Run ?

Dow jone further plunged 876 after 900 , 700 days b4
Nasdaq collapsed 530
Global recession
Yesterday Bursa market collapsed 30 points...today ?

Seems The End of IPO

#GoodLuck$$$

This post has been edited by IPO ADDICT: Jun 14 2022, 07:31 AM

Wipe out 16 % to open /TO

what is TOP now?

Aighhhh..

27sen TO

la use the right word la.. just went down abit then it's collapsed in yr book.. apa la. steady sikits.

going down under fast

As much as 27 % loss at low 23.5 sen
Worst than senheng
Infact the bursa worst ipo in 20 years

the scary part is.. not only 27%
its the 100% allocation!!!!

Open at 0.265 and did recover to 0.290 after a low of 0.235 (just a few lot done here) and rebounce to the high 0f 0.295(just a few lot done at this level). For IPO I think this is very bad. They just got the timming very wrong.

If I still have the stocks now .
I will sel at 0.280/0.285 now and buy back at 0.260 later

100% ALLOCATION- thats the scary part.. all those apply IPO hv no intention to keep

Bad ipo for 2022...just run

Another great discount on listing day. 😁

Wasting time n money apply...IPO
Can get 27 % cheaper below ipo price like today unitrade

Yes
I think should get out today
I don't think it will recover later days

All got burnt by this Killer IPO

Got burnt hard lol...Dont know what else to say

Sorry to those who got badly burnt today. Your losses are others gains 😅.

Spicy lesson to IPO Addicts
" Reward " from a Killer IPO

BTW thanks to TA Securities Warning by giving below IPO TP but advice fell to many deaf ears .

This post has been edited by IPO ADDICT: Jun 14 2022, 01:01 PM

Who is the others other than the "OWNER"

Thanks to Yew Lee, LGMS and SFP, I got no more bullets left to apply Unitrade, thus escaped this slaughterhouse

Others here are obviously people who didn't manage to get the ipo but yet can buy in open market at a steep discount and earn some "duit kopi".

This post has been edited by soniz: Jun 14 2022, 06:36 PM

Today closed at 0.285 down 0.015. I think this is still high and will continue to slide in days to come.
For example today no swing at all just a oneway down.
I think major share holders had start to sell. I tested buying 3 times at different time and I got it from the same broker. an indication that that broker is selling a lot.
Maybe a good time to run before lossing more.