Company Name: Critical Holdings Berhad ("Critical Holdings")

Proposal Type and Board:
Initial Public Offering ("IPO") on the ACE Market

Sponsor(s):
MIDF Amanah Investment Bank Berhad

Principal Activity:
Critical Holdings group is a mechanical, electrical and process ("MEP") utilities design and engineering solutions firm and its principal activities comprise design and build, project management, supply, installation, testing and commissioning of MEP systems for newly built critical facilities as well as redevelopment, refurbishment and upgrading of existing critical facilities.

Shares to be issued/offered:
IPO in conjunction with the listing of Critical Holdings on the ACE Market comprising:

(I) Public issue of 74,348,000 new ordinary shares in Critical Holdings ("Shares") in the following manner:

18,587,000 Shares available for application by the Malaysian public;
3,717,400 Shares available for application by eligible directors and employees;
46,467,400 Shares by way of private placement to Bumiputera investors approved by the Ministry of Investment, Trade and Industry; and
5,576,200 Shares by way of private placement to selected investors; and

(II) Offer for sale of 37,173,900 existing Shares by way of private placement to selected investors.

IPO Price: TBA

Does anyone have any insight about this company?

Currently, it is open for Bumiputera on the MITI website. The application period under MITI will be open until October 21, 2023.

seems A CRITICAL IPO

Not as critical as what you think 🤦‍♀️

Might be a good ipo with the right price

Wait for the IPO price then

Gearing ratio not bad
Small volume
Pat oklah

Sadly i sudah kena moratorium sampai Feb 2024 🤣🤣🤣

So wait for public

#tayor

What u did until kena moratorium until Feb next year??

Rejected the MITI allocation ahhh??

Unfortunately yes. Hopefully not much good ipo until then 😈😈😈

Oohhh too bad

Which IPO u rejected 🤔

Ssf.

Good decision then. now the shares go down below IPO price.

After reading through the Prospectus from a financial perspective, the company's profits from sales (gross profit) are somewhat modest, usually ranging from 10% to 18%. However, they still manage to keep a decent profit after taxes, typically between 4% to 8%.

What's promising is that even with these lower profit margins, the company appears to be in good financial shape. They have a healthy current ratio of 1.4, which means they have enough resources to cover their short-term bills, and a low debt level (gearing ratio of 0.2), which is a good sign for financial stability.

Moreover, the company has a dividend policy in place. They intend to pay out dividends equal to up to 25% of their annual profits. This could be attractive to investors looking for income from their investment in this company.

In conclusion, despite not having the highest profit margins, the company's strong financial position and dividend policy might make it an appealing option for investors. Keep in mind that this is my 20-cent review and doesn't take into account the broader industry context.

Remember DYOR~

CRITICAL....

CRITICAL

can try or not? i checked their prospectus, the PAT is quite low

This critical or jati holding
Can get a&w 1 set?

I will focus on Critical holding and skip Jati holding due to it higher FV.isaham FV for Critical is 50 sen.

Invest after your own research.tq

This post has been edited by tomjason: Dec 2 2023, 02:47 PM

ok running number had reach 1600 by 2nite
good lah 2morrow sure reach 6000
closing date hit 10000 again

mana itu destroyer ipo addict, nid his expert skill
to frighten all new birds

what is the current no?