Synergy House Bhd has inked an underwriting agreement with Kenanga Investment Bank Bhd (Kenanga IB) for the group’s upcoming initial public offering (IPO) on the ACE Market of Bursa Malaysia Securities Bhd.

Synergy House’s IPO exercise will comprise a total of 130.0 million shares, including a public issue of 80.0 million new shares representing 16.0% of the enlarged issued share capital.

The IPO shares from the public issue will be allocated in the following manner:

25.0 million shares representing 5.0% of the enlarged issued share capital to be allocated via balloting to the Malaysian public;

12.5 million shares representing 2.5% of the enlarged issued share capital to be allocated to eligible directors, employees and persons who have contributed to the group (eligible persons);

30.0 million shares representing 6.0% of the enlarged issued shares to be allocated to selected investors by way of private placement; and

12.5 million shares representing 2.5% of the enlarged issued shares capital to be allocated to Bumiputera investors approved by the Ministry of International Trade and Industry (Miti).

The IPO exercise also includes an offer for sale of 50.0 million existing shares representing 10.0% of the enlarged issued share capital, which will be made available by way of private placement to Bumiputera investors approved by Miti.

https://www.theedgemarkets.com/node/663596

This post has been edited by nexona88: Jul 10 2023, 04:03 PM

MITI results out

Can check it out

U work in MITI ka ? Macam know everything about MITI

When is it going to be listed ? May or June ?

Saw in MITI website 😁

wah...snergy furniture is peng leng cheng
can buy online shoes rack less than rm60

i will skip for this IPO..

Wow~ Next week many IPO to play

Maybe is a next Ecomate

May I know what's the reason?

🧐🤔

Budget for Edelteq&Cloudpoint...i focus only tech company.

Good strategy 👏

I focus at all ,all beli sikit sikit😅

Spread out the $$$ 😁

Bank no approve my loan to IPO🤣

wah lau all my bullet sangkut oreli
tinggal rm5000 to hoot sama dia
sai lang bersih bersih
next week hari hari saya pegi makan Rahmah lunch rm5 saja

wat to do, semua pon mau hoot

Someone wallet is gonna be extra thick this coming June, congratulation bro

Already open in maybank

Close 18.5.23 Thursday

Hi..

Any TP ? Pls update

No TP as of right now.

anybody managed to get pp for this?
was offered pp for this but last minute my allocation from my remisier was allocated to an institutional investor supposedly.

I did....

omg, did you get all pp for this week bro

I did, running out of cash since everything is out at once

at least run out of cash all secured under pp
im running out of cash just to put everything in ballot only...

I totally understand the pain as I ballot on individual level too

wait what, so how does that work?
the pp you got was via MITI or via any offering from remisiers/etc.?

Both sometimes, spread over personal and other entities

Mobilia Ipo ( furniture co)

Upon listed profit by almost 90 %

No guarantee will repeat

anybody got fv info..very quiet la IB wanna review this ipo

my tp is 0.63 cts

Not 68 cents 😂

Some say this is a SUN SET BUSINESS
Cupboard - closet things
Pergghhh

still able to get PP for synergy now?

My contacts, all taken for but you can try your luck with your financial house, maybe got luck?

sure thing! Are you getting SkyWorld IPO? Heard PER 9x vs Radium 18x. I'm getting their pp.

Yeps, on paper, they're in much better pasture than Radium

Sales :

2022 rm194 million

2021 rm 184 million

2020 rm 122 million

Need TP ...any tp so far?

Now sun set when doing export business 🤦‍♀️ Malaysian made furniture are well sought after overseas

Tai lor ahhhhh, I used special formula
special micro economic software
to calculate, to get tis figure

0.63 cts is my tp, ok
dun buy nanti u will regret

TA fv rm0.45 ,😅 ..

This post has been edited by rappid: May 17 2023, 09:05 AM

Synergy FV/TP

TA RM0.45

This is tough, but I still going to try some. Same as Edelteq, lowball valuation. Cheap enough for the risk involved. Lighter and cheaper than DXN or Radium.

wau lau , only 2 cent.....

At least still has profit

Very risky on this sunset biz synergy.....
Further more in the red dangerous quadrant of the risk / reward ichipo blogspot

Hmmmm. Another killer senheng ipo

This post has been edited by IPO ADDICT: May 17 2023, 02:33 PM

Should compare with mobilia ipo...also doing furniture business same like synergy hse...listed well in 2021 with good profit

There is indeed profit to be made on Mobilia IPO (0.23 IPO Price) opening chart for reference, DYOR tho!

Open: 0.37
High: 0.435
Low: 0.0305
Close: 0.315

Happy balloting and GL to those who applied!

This post has been edited by Jinx: May 17 2023, 09:13 PM

Apex fv rm0.50. hopefully open can up 20% ... Gonna try some..

This post has been edited by rappid: May 18 2023, 08:48 AM

That is good

TA 0.43

Apex 0.50

At least some profit

Anymore TP ?

This post has been edited by nikazwa: May 18 2023, 09:35 AM

Last day to apply before 5pm.

Company do B2B & B2C business model, US sales increasing through Amazon. Go take a look at the prospectus.

Sales in USD $$$.

Both owner Business savvy US grads, .

See Ecomate as reference.

All the best.

Malaysia IKEA must be 0.68 cts

apply liao. hope for good opening like mobilla.

apply small2 only...

very limited funds in hand

Done apply synergy Hse Ipo...gud luck

Any link ?

HURRYYYYY. UPPPPPP
2 more minutes...
Pergghhhh

good luck everyone

wait for Balloting on 22 May

This post has been edited by nexona88: May 18 2023, 05:01 PM

All in

After Dxn phenomenon..all wil be cautious..did not apply..all capital goes to cloudpoint and edelteq

But edelteq also got some issues

Head to the topic for more discussion 😄

BALLOT DAY...

good luck

So few people here ,no people appy this ipo?

If kena ok lah...last kopek money ,😅 ...

Wait for ballots

Then shall knows 😀

All silently applied one 🤑

table out?

nope not yet...

if released, for sure someone will post it here alreayd..

Table where?.. drama sinetron lagi?

A total of 12,347 applications for 375,416,300 IPO Shares with a value of
RM161,429,009 were received from the Malaysian Public for 25,000,000 IPO Shares
made available for application by the Malaysian Public, which represents an overall
oversubscription rate of 14.02 times.

Of this, a total of 7,277 applications for 164,159,100 IPO Shares were received for the Bumiputera portion,
representing an oversubscription rate of 12.13 times. For the remaining Malaysian public portion, a
total of 5,070 applications for 211,257,200 IPO Shares were received, representing
an oversubscription rate of 15.90 times.


























This post has been edited by yazoo: May 22 2023, 06:56 PM


Attached File(s)
 Synergy___Subscription_Rate__22.05.2023_.pdf ( 64.01k ) Number of downloads: 78

Not bad. At least this is better than Radium

All the best

tomorro can know the results.. refunded or partial..

Oversubscribed rate less than I expected....

But higher than the previous 2 IPO 😄

Synergy ipo will fly...same like previous mobilia ipo...very good profit upon listed..hopefully can get some

Anyway

All the Best

🙏

Potential another Mobillia....
'Can't rule out hitting RM 1.00 ++

Huatt. Chaii $$$$$

This post has been edited by IPO ADDICT: May 22 2023, 10:27 PM

Any results yet ? Roger bank octopus bank ?

Sandwiched between 2 delicious ipo, for sure less subscription rate.

Plus got 2 fat ipo as well.

No more fund to korek huhu 😂🤑🤑🤑

Itrade out

CIMB result out.

Dapat tak?

🤔🧐

harimao not out yet

harimau only cari makan at night, day time tido

after 7pm

harimau still sleeping leh....

night time only active

No new tp ? Pls share

Dapat lah sikit😁

Apply 2, 1 got, 1 fail. Hope for good opening.

First time managed to get IPO in 2 months. Although partial but stil ok..hope it will go high

Partial kena 🤪

Unsuccessful maybank.. Maybe grab fr open market.. And then kena trap n keep long long..

Unsuccessful also MBB

Dapat lah sikit 🤑💰

Hope for the best 🙏

Synergy mbb tak dapat
Cloud mbb tak dapat

Hopefully can get Edelteq sikit. 🤞😂

Congrats to the chosen one.

Congrats for those who obtained

apply sikit sikit ham pa lang tak ada dapat

no go all out.....abuthen sure kena

My mbb apply many ipo unsuccessful ,change pbe direct success 🤣

This post has been edited by boundden: May 24 2023, 10:10 AM

Something wrong with mbb like tat.. Maybe they allocate according to banks.. Mbb of course the most applicant.. Only r 1 fees.. Better I try other bank la..