Johor-based CPE Technology Bhd is offering up to 167.83 million shares in an initial public offering (IPO) as it seeks to list on Bursa Malaysia's Main Market.

CPE Technology, through its subsidiaries, is involved in engineering support services, principally in the provision of manufactured precision-machined parts and components, with over three decades of history in Malaysia and Singapore.

The 167.83 million public issue comprises 33.57 million new shares to be made available for the public, 83.92 million shares earmarked for private placements for bumiputera investors approved by the Ministry of International Trade and Industry, and 50.35 million shares made available via private placement for other institutional and selected investors.

The group intends to raise funds for the acquisition of new industrial land and construction of new plants, as well as new machinery and equipment.

A portion of the IPO proceeds will also be used to repay bank borrowings and for working capital purposes.

For the financial year 2021, the group reported net profit of RM18.68 million, up 84% from the previous financial year, while revenue rose 18% to RM93.44 million.

when is the listing..

Saya ada mohon sikit IPO ini. Semoga saya memperolihi

Kawan2 dlam group nii, ada mohon juga kah?

it's not in the KLSE listing:
https://www.bursamalaysia.com/listing/listi...ipo/ipo_summary

Little confused

Not yet open how apply?? 🤔🧐

Maksud saya, saya mohon melalui MITI

MITI sudah buka??

Bari check petang tadi...

Tarak offering pun?? 🤔🧐

CPE Technologi di MITI dah tututp. Harga yang diwarkan RRM1250.00 Saya ada memohon sikit jer.

Sunyi group nii. Dimana perginya nexona 88 dan yang lain?

Ada shj

En/Puan nexona88, CPE Tech. nii ada harapan naik tak, sebab harga MITI pun dah RM1250.00. Saya menyesal pulak mohon IPO nii, sebab harganya mahal.

Mohon pencerahan, kepada sesiapa ada maklumat IPO CPE Tech.

CPE tech company, heard a lot apply in miti oversub multiple times, the price RM1.20 is quite high, do know ok or not, but isaham FV is about RM1.52.

I m waiting to blast when open...


Sample From isaham:

Median Sectors PE: 28.6

Precision Machining (27.6)
Technology (28.6)
Semiconductors (36.3)

FV using PE 28.6: 1.523 (+26.92%)

this for for guideline only...

Pls make your study and analysis...

This post has been edited by tomjason: Oct 11 2023, 01:33 PM

MITI oversubscribed got one risk...

All throw during first few minutes after listings... and it's gonna be huge selling pressure...

your oversubscribed mean apply 10000 got 50000 unit? mean get extra than you apply?
if not oversubscribed should be good as demand more than supply.

Price miti is rm1.07 ...can fly up or go down?

RM 1.07 this number is .....NO ONG has killed many

remember Sen**** 1.07

Ya, sen*** also same price rm1.07...CPE initial price they put rm1.20, later reduce to rm1.07...dont know rm1.07 is too high

Nexona 88, ada apa2 berita tentang IPO CPE Teknologi