INITIAL PUBLIC OFFERING ("IPO") IN CONJUNCTION WITH THE LISTING OF DS SIGMA HOLDINGS BERHAD ("DS SIGMA" OR "COMPANY") ON THE ACE MARKET OF BURSA MALAYSIA SECURITIES BERHAD COMPRISING: (I) PUBLIC ISSUE OF 91,180,000 NEW ORDINARY SHARES IN DS SIGMA ("SHARES") IN THE FOLLOWING MANNER: (A) 24,000,000 NEW SHARES MADE AVAILABLE FOR APPLICATION BY THE MALAYSIAN PUBLIC; (B) 9,800,000 NEW SHARES MADE AVAILABLE FOR APPLICATION BY OUR ELIGIBLE DIRECTORS, EMPLOYEES AND PERSON(S) WHO HAVE CONTRIBUTED TO THE SUCCESS OF DS SIGMA AND ITS SUBSIDIARIES; © 35,800,000 NEW SHARES MADE AVAILABLE BY WAY OF PRIVATE PLACEMENT TO SELECTED INVESTORS; AND (D) 21,580,000 NEW SHARES MADE AVAILABLE BY WAY OF PRIVATE PLACEMENT TO SELECTED BUMIPUTERA INVESTORS APPROVED BY THE MINISTRY OF INTERNATIONAL TRADE AND INDUSTRY, MALAYSIA ("MITI"); AND (II) OFFER FOR SALE OF 38,420,000 EXISTING SHARES BY WAY OF PRIVATE PLACEMENT TO SELECTED BUMIPUTERA INVESTORS APPROVED BY MITI, AT AN ISSUE / OFFER PRICE OF RM0.55 PER SHARE, PAYABLE IN FULL UPON APPLICATION.

DS Sigma Holdings Bhd, a packaging product provider

DS Sigma is an investment holding company. Through its subsidiaries, DS Sigma is principally involved in the manufacturing of corrugated paper packaging products including cartons, protective packaging and paper pallets as well as a supply of non-paper based protective packaging products such as plastic, foam and rubber products.

Market: ACE
Principal Adviser: Public Investment Bank Berhad
Issuing House: Tricor Investor & Issuing House (TIIH)
Shariah Status: SC (Yes)
PE Ratio: 12.56
Listing Price: 0.55
Closing Date: 21-Dec-2022
Balloting Date: 27-Dec-2022
Listing Date: 06-Jan-2023


This post has been edited by tnang: Dec 13 2022, 02:06 PM

PAT% and revenue increasing
All in!!!

So it's BBB mode 🎉🥳

Any FV or TP?

ok lah tp maybe can go to 60cts
not very very fantastic can untung few cent
makan kacang putih only

Which one is better..DS Sigma or L&P global.One is more expensive than the other
But both on packaging.How to decide with min bullets.

Hamtam sikit2
lama lama jadi bukit

apa pasal tis counter damn very very quiet
nobody interested
mali let do a vote of confidence on tis counter
sapa confidence ini DS boleh untung atau tidak

This post has been edited by pileepalah: Dec 19 2022, 05:30 PM

Just to know,what is BBB mode? Mind to explain.TQ

It's just some term we use in property talks...

Buy Buy Buy @ BBB 😄 until sold out within hours 😜

This post has been edited by nexona88: Dec 18 2022, 05:46 PM

Dont worry,I support this counter.More investors will be coming soon to
invest with stable gomen.Be positive

Any IB tp?

KL trader investment research giving a target price of 66sen base on FY23F and EPS of5.1sen and of P.E of 13X
in line with the product sector FY 23F PE.

today last day.

anyone going for it?

Target price 11sen upside from issue price 55 sen.Dont they think is very
dangerous to swallow.The gap is too small.Chances are more likely negative.
Still waiting for more info on fair price from IB.Got a few hours to wait.

Ichipo said low risk..high return..Will try

Overall is a good IPO. Just worries part is IPO PE offer is above the average of the same industry competitors. In other meaning is good IPO with no discount offer compare to competitors. I quoted from Ichipo blog (amended)

So,I decided to forget this IPO and decided not to apply

I'm in on this ipo. let's worry only if i actually manage to get some allocation

M+ Online give TP 80 sen..Will see

Not bad 40% TP upside