Retail management solutions provider Panda Eco System Bhd is targeting a listing on the ACE-Market of Bursa Malaysia to support its business expansions.

Based on its bourse filing on Tuesday (March 28), the initial public offering (IPO) consists of a public issue of 109.29 million new shares or 16.3% of its enlarged share capital of 671.19 million shares after its IPO.

Panda said that 33.56 million new shares will be made available for the Malaysian public, including 16.78 million shares for public investors and 16.78 million shares for Bumiputera public investors.

Meanwhile, 42.77 million new shares were reserved for eligible directors, employees and persons who have contributed to the success of the group.

The group also said that 32.95 million new shares were allocated for private placement to selected investors, in addition to the offer for sale of 61.81 million existing shares by way of private placement to selected investors.

The issue share price of the shares has yet to be announced.

Panda and its subsidiaries were involved in the development, customisation, implementation and integration of its Retail Management Eco-System.

The group was also involved in the trading of third-party software, trading of IT hardware as well as software customisation, implementation and integration of process control and automation solutions.

https://www.theedgemarkets.com/node/661124

given current market sentiment, definitely a BBB IPO. NBDRE

oversubscription gonna be 9 9

IT & technology related

BBB mode on 😁🤪

another SNS, they just sell PC?

Different 🤦‍♀️ Retail POS ERP provider

The group was also involved in the trading of third-party software, trading of IT hardware as well as software customisation, implementation and integration of process control and automation solutions.

“Our group’s Retail Management Eco-system is a suite of retail management solutions which support the management of retail operational processes such as POS (point of sale) management, CRM (Customer Relationship Management), ecommerce platform management, supply chain management, management of information on store operations, inventory and warehouse management as well as financial and accounting management,” it said.

For its financial period ended 2022 (FPE2022),
the group posted its profit after tax (PAT) of RM5.52 million on a revenue of RM14.94 million.

For its financial year ended 2021 (FY2021),
its PAT was RM7.90 million on the back of its revenue of RM20 million.

For FY2020,
the group reported a PAT of RM6.88 million and revenue of RM16.40 million.



This post has been edited by ronnie: Nov 8 2023, 03:48 PM

pls share fair value if you got...

TQ

Panda Eco System launched its prospectus today, ahead of its anticipated listing on the ACE Market of Bursa Malaysia Securities Berhad later this month. The retail management solutions provider said it aims to raise RM17.5 million from the exercise.

For the financial year ended 31 December 2022, the Group recorded revenue of RM21.0 million and profit after tax of RM7.0 million.

Through the upcoming IPO, the Group will raise proceeds of approximately RM17.5 million, which it said will serve as a powerful catalyst for expanding its business, enhancing internal capabilities, and driving growth. From the IPO proceeds raised, RM2.7 million will be allocated for the development of new solutions, RM4.5 million is earmarked for domestic and regional business expansion, while RM1.7 million will be dedicated for the recruitment of additional engineers for its Customer Technical Service department and RM3.0 million is designated for the expansion of its new HQ. The remaining RM5.6 million will be used for working capital purposes and listing expenses.

cheap cheap only 16 cent.

What's the target price for this stock? Anyone trying out for this counter?

wanted to know anyone going for it too

Business sliding year 2022 .... hmmmm

i will pump to this ipo..

Fv isaham is 26 sen..

ini panda bear hor leow
Hong 😺 sure boleh tangkap 🐀

This post has been edited by pileepalah: Nov 11 2023, 03:43 PM

Try sikit sikit. 2023 never kena one IPO before.
Subscribed thru MBB.

Any FV for this IPO from others ?

This post has been edited by ronnie: Nov 14 2023, 07:25 AM

Just received TA fv is 18.5 sen only

Isaham fv is 26 sen

This post has been edited by tomjason: Nov 14 2023, 10:41 AM

wasting time on this kaput over value ipo
only chicken feed 2.5 sen.. ,

Fv TA = 18.8 sen
FV CGS CIMB = 25 sen
Fv isaham= 26 sen

your reply seem to be different on this IPO.. what makes you change ?

betul tak, you not go for it, if i tell you this will highly oversub, you believe.

Yikes, tomorrow last day

Pls share reference number.tq

Want to know how many subscribe already.tq

tomorrow when i apply for it.

No di Maybank dah capai 66370

Maaf bukan 66370 tapi 6370

TQ, tommorrow i apply, from the number,seem a lot applied senyap2, tommorrow i think the number increase.

IPO Reference Number : 0007924
at 8:11AM

Done ref no 8429

hot IPO

Sudah ~8700 , can shoot up to 10k..

the hotter, the better, the higher, the opening price on 27 Nov 2023

This post has been edited by ronnie: Nov 15 2023, 10:33 AM

Applied some. Wish all applicants here best of luck

https://www.bursamarketplace.com/t/bdr_down...rhad-229&a=view

Done applied

applied. good luck to all

fuyoh reference 10000 soon

Applied...

Good luck to everyone 👍

Applied too, good luck !!!

Applied 3, Let's Goooooooooooo !!!

IPO Reference Number : 0012198
at 03:22:40pm

Applied. Good luck

I think oversub for about 145x.

Last minute became hot ipo

This post has been edited by tomjason: Nov 15 2023, 03:52 PM

200x oversubscribe coming soon

16sen apa lu mau lagi

15k?

if like that those 1-2 million also got chance tarak dapat

PANDA ECO
IPO Price: RM0.16

Fair value:
TA : RM0.185 (15.63%)
CGS : RM0.250 (56.25%)
RHB: RM0.195 (21.8%)
PBB : RM0.20 (25%)


Isaham no fv?

iSaham says 26 sen

Highly possible

Because of the IPO pricing 🔥

JF Apex fv 0.23

All the best in today's balloting !!!
May we all earn handsomely from Panda

Should be looking at least 100x oversubscribed rate 🔥

Super hot 🔥🔥🔥
Those who kena will be lucky

Definitely 😁

Buy Buy Buy mode all the way 🔥🤑💰

still no ballot result?

too many ballots to count ke ?

Coming Soon

Press Release: https://www.tiih.com.my/content/press_relea...ressRelease.pdf

Allotment Table: https://www.tiih.com.my/content/press_relea...isAllotment.pdf

too much until computer rosak

if ppl count dunno need wait until next year d

just wait and see if it hits highest Over-subscription

Overall oversubscription rate of 153.47 times

For the Bumiputera portion, a total of 11,444 applications for 2,413,834,900 Issue Shares were received, which represents an oversubscription rate of 142.85
times.

For the public portion, a total of 8,577 applications for 2,769,993,400 Issue Shares were received, which represents an oversubscription rate of 164.08 times.



This post has been edited by ronnie: Nov 17 2023, 05:35 PM

This ipo will fly on listing day..congrats

TQ for info.

so big competition to get 5k.

lately , the TP @ FV given by TA is the MOST realiable
which is 18.5 sen - merely peanut 2.5 sen above the IPO price .

Not worth but since peoples mostly scared ( even don't know ) punting in the open market - that's why this old fashioned IPO got over subscribed around 150 X even though the TP@fair value merely chicken feed MEKDI@KEPCI 2.5 sen .. .

This post has been edited by IPO ADDICT: Nov 17 2023, 08:25 PM

0.025 x 50k shares = RM1250 (loads of Kepci, Mekdi)

ECO 101 / Economics 101
Know this Opportunity Cost ?...the interest gone of FD /Unit Trust - ASM-ASB & what not
To get this 50K unit must apply 10 Millions Unit >> RM 1.6 Million

hmmm..yesss...it's really Mekdi / Kepci after all...

Not Worth

PANDA IPO

Was hoping can see the results in MBB yesterday after 7pm, but nothing yet. Have to wait till Mon.

Result out monday evening at maybank..difficult to get since subscription is very high

Maybank still pending
So means you tak dapat

MBB still pending

tonight the cash will be refunded and you didnt win

CIMB result out

Got lucky ?

Applied 0.51m but get nothing.

. Pity Kodiang Boy
peoples are so HUNGRY on this HOT ACE IPO
but surely NOT on the coming PRICEY MAIN BOARD IPO CPE RM 1.07

hmmm....got to revise the TP on this PANDA IPO accordingly

This post has been edited by IPO ADDICT: Nov 20 2023, 03:37 PM

IPO is all about luck
Even if you subscribe to the 10 millions or more also not 100%

Me also waiting list. Meaning got or not? If got then first time got via ipo ballot

MBB1- Unsuccessful
MBB2- Pending

as of 20:02.

This post has been edited by brutus: Nov 20 2023, 08:03 PM

no luck sad

MBB fully refunded
Tak kena

No luck this time...

No luck also, even i put kaw kaw...maybe thinking buy listing day.

Focus on CPE Tech IPO now.

This post has been edited by tomjason: Nov 21 2023, 09:04 AM

no such luck for me. congrates to those who successfully snag some

As of 09:50 today, still pending. Hopefully this mean good news to me.

kaw-kaw 10mil pun tak kena ?

My kaw kaw small only 2 mil..haha

I get 15k unit😊😊

First time get ipo allocation in this year

yes agreed.

As of 07:00pm today, changed status from PENDING to WAITING LIST in MBB.

Forgot that this Panda IPO got NO MITI. ....Damn GOOD
Normally if NO MITI - sure HOT IPO one

hmmm.....very potential one
to be cornered by hungry syn
can't rule out LIMIT UP 80 sen this MONDAY listing

This post has been edited by IPO ADDICT: Nov 25 2023, 09:05 AM

Looking forward to it. Hopefully this makes up for missing out on Oppostar.

Yes 80 cents is really good and it is not impossible

GRABBBBB $$$$$

Good luck to everyone... TOP now is 30 sen

This post has been edited by ronnie: Nov 27 2023, 08:58 AM

Good ..really fly ..now 0.295 ...or 84 % profit margin...congrats

29sen , can eat texasciken

81.25% profit.... so easy