SBH Holdings is principally involved in the processing and sale of frozen seafood products, merchant trading of frozen processed seafood products, aquaculture shrimp farming, and distribution and trading of aquaculture related products such as shrimp feed, post larvae, probiotics and test kits.

IPO in conjunction with the listing of SBH Holdings on the ACE Market comprising:

(i) Public issue of 180,000,000 new ordinary shares in SBH Holdings (“Shares”) in the following manner:

• 45,000,000 new Shares made available for application by the Malaysian Public;
• 36,000,000 new Shares made available for application by eligible directors, employees and other persons who have contributed to the success of SBH Holdings;
• 61,000,000 new Shares made available by way of private placement to Bumiputera investors approved by the Ministry of Investment, Trade and Industry ("MITI"); and
• 38,000,000 new Shares made available by way of private placement to selected investors, and

(ii) Offer for sale of 50,000,000 existing Shares by way of private placement to Bumiputera investors approved by MITI.

https://www.bursamalaysia.com/regulation/pr...ad-sbh-holdings





This post has been edited by ronnie: Jun 29 2024, 11:24 PM

What about its financial achievements over the years? Anyone can share

KUALA LUMPUR (March 18): Frozen seafood firm SBH Marine Holdings Bhd, en route to list on Bursa Malaysia’s ACE Market, is setting its sights on capturing a larger share of the premium seafood market in China.

Exports to China only accounted for about 3% of the company’s RM135.32 million total revenue from the international market, according to its prospectus launched on Monday. South Korea is currently SBH’s biggest market.

“They have consistently approached us to actually increase the [premium seafood products]” already available in China, SBH executive director Saw Leng Hean said at a press conference after the company’s prospectus launch on Monday.

SBH is also seeking to strengthen its existing international presence amid heightened demand. “All our existing customers have been actually asking us to produce and deliver to them more,” Saw said.

The company processes and sells frozen shrimp, squid, octopus and cuttlefish, and farms black tiger prawns and whiteleg shrimp in Perak. The company’s existing processing plant in Kuala Kurau has an annual capacity of 4,800 tonnes.
“There are a lot of seafood producers in Malaysia. However, we place our product in the premium market and target the premium market,” Saw said. “Basically, we are actually going away from the commodities market.”
Further, premium seafood products will allow the company to command a “much better” profit margin, he said.

SBH is targeting to transfer its listing to the Main Market over the next three years, as its latest net profit figure has already exceeded the minimum requirement to be listed on the main board, Saw said.
“We want to ensure that we go step by step in whatever we do,” he said, stressing that the company intends to “learn from the process to improve ourselves first”.

SBH recorded a net profit of RM8.4 million for the cumulative nine months ended Sept 30, 2023 (9MFY2023), on the back of RM144.21 million in revenue.

All in

#tayor

ICHIPO BLOGSPOT

Overall is a high risk as PAT % is not high, and revenue not grow much over past 3 years

>> In the dangerous red quadrant

This post has been edited by IPO ADDICT: Mar 19 2024, 12:29 PM

all in lah, u ada dengar bor

That is why they go for ipo

Expansion to grow revenue and PAT 💰💰💰

Export business
Frozen seafood business-> PTRB
RM0.22 only
MITI over subscribed

#tayor

Does MITI allocation means poor first day performance ???

Not really, good stock is a good stock. Nobody can time the market.

#tayor

....

Any Tp..pls share

mbb running no. 1216

FV
M+ RM0.255

#tayor

[quote=IPO ADDICT,Mar 21 2024, 06:48 PM] 


Waiting another tp

This post has been edited by nikazwa: Mar 21 2024, 09:05 PM

Good profit

Still very early...

Wait for last few hours before closing...

That's where the real deal 😔

TA FV is 24 sen

https://theedgemalaysia.com/node/705551

i will skip this ipo

This post has been edited by tomjason: Mar 22 2024, 09:20 AM

OMG 24 sen FV

Hopefully many IB will come out with TP...now only 2 TP that we have got

Can see how PTRB performs before this. SBH nearest peer. But for sure can buy.

So cheap IPO.... no harm to get some shrimp-size profits

needed few more TPs to decide

monday more buyer, salary baru in haha

Not really appealing isn't it ?
Pe 15
How much room to up on first day ?
Traditional business of selling seafood
Kind of overvalued to me

Tomorrow will apply and update the number. 0.22 sen for ipo too cheap and nothing gonna go wrong unlike alpha ivf. Plus all the ipo funds will be used for business expansion instead of bank repayment.

if wait for salary... then only apply...

then IPO game really not your play...

because IPO is risky game... ups & down... can profit or lose all your $$$ too...

agree 100 % -lately buying an IPO is a RISKY TRADING / BIZ

Haiya, why so bitter.

Salary time please ask all to buy 🦐 ipo 😆

Start small, dont wait 💪🏻

IPO is a good place to make easy money, no matter how big or small player you are. Hard to get though.

#tayor

aiyah jes hoot lah
my ticket is 2500
i thk by 2morrow sure reach 7000
which mean oversubscribbed by 80 to 100 times

Pe15 wo
Selling sotong prawn need 15 years to get back the cost wo

try only. nothing can go wrong with 22 sen. haha

Nowadays people don't look at price per se
People see much deeper , the value
Pe 15 is not cheap
Ptrb same field, only trading at pe 6

24-Mar-2024
11:56 AM: #2500
1:27 PM: #2562

25-Mar-2024

ok lah by now should be more than 3000
2morrow baru above 5000

Mind to share which IPO that lose all your money?

Im not talking about how i “play” the game.. im talking about the whole situation.. salary just came in for most of people so there’s high prob the tix # will start running on Monday..

PE is overrated, if you look at market today then you know that the market doesn’t make sense 🤣🤣🤣

Its cheap enough for everyone to chip in.

IPO purposes = expansion.

888 total share, year of the 🐉 ong
Listing date also 8/4/2024
TO 88 cent 🤣🤣🤣

#tayor

How do you get this IPO reference number if you apply through M2U?

it's on the PDF receipt

9.45am ref no : 37xx

10am 38xx, move up fast, 100 no for 15min

Public Invest FV 0.25

wah lau ehhhhhh
now wan to earn 5 cts pon susah
lagi ada risk...many new ipo rugi lagi
hope tis one better than alpha IVF

This post has been edited by IPO ADDICT: Mar 25 2024, 10:45 AM

24-Mar-2024
11:56 AM: #2500
1:27 PM: #2562

25-Mar-2024
9.45AM : 37xx
10:00 AM : 38xx

I dont think got harm to share actual reference number lo

4484 now

24-Mar-2024
11:56 AM: #2500
1:27 PM: #2562

25-Mar-2024
9.45AM : #37xx
10:00 AM : #38xx
11:50AM : #4484

Looks like another 50-100X oversubscribe....

6k to 7k application in hand sure one 😁🧐

5088 now

dupllicate

This post has been edited by coolguy99: Mar 25 2024, 01:30 PM

this time got to agree with you , Baby...

seems NO NEED to apply the IPO , wasting time , WHY ?

many IPO lately open or debut or start trading flat
meaning open at the IPO offer price
NO need to waste time key in , transfer money , rushing to ATM machine & what not

you can buy as many as you wish when IPO start trading

this IPO is a VERY BIG IPO flooded with shares >> 230 millions

hmmm...some more with big portion of MITI

(i) Public issue of 180,000,000 new ordinary shares in SBH Holdings (“Shares”) in the following manner:

45,000,000 new Shares made available for application by the Malaysian Public;
36,000,000 new Shares made available for application by eligible directors, employees and other persons who have contributed to the success of SBH Holdings;
61,000,000 new Shares made available by way of private placement to Bumiputera investors approved by the Ministry of Investment, Trade and Industry ("MITI"); and
38,000,000 new Shares made available by way of private placement to selected investors, and

(ii) Offer for sale of 50,000,000 existing Shares by way of private placement to Bumiputera investors approved by MITI.

>> 180 million + 50 million MITI = 230 millions shares

BTW >> Zantat NO MITI

This post has been edited by IPO ADDICT: Mar 25 2024, 01:48 PM

24-Mar-2024
11:56 AM: #2500
1:27 PM: #2562

25-Mar-2024
9.45AM : #37xx
10:00 AM : #38xx
11:50AM : #4484
1:30PM: #5088

3:30PM #5914

24-Mar-2024
11:56 AM: #2500
1:27 PM: #2562

25-Mar-2024
9.45AM : #37xx
10:00 AM : #38xx
11:50AM : #4484
1:30PM: #5088
3:30PM: #5914

This post has been edited by ronnie: Mar 25 2024, 03:47 PM

maybank.. hit 6K already..

24-Mar-2024
11:56 AM: #2500
1:27 PM: #2562

25-Mar-2024
9.45AM : #37xx
10:00 AM : #38xx
11:50AM : #4484
1:30PM: #5088
3:30PM: #5914
4:05PM: #6175



This post has been edited by ronnie: Mar 25 2024, 04:07 PM

6336 now

24-Mar-2024
11:56 AM: #2500
1:27 PM: #2562

25-Mar-2024
9.45AM : #37xx
10:00 AM : #38xx
11:50AM : #4484
1:30PM: #5088
3:30PM: #5914
4:05PM: #6175
4:21PM: #6336

HURRYYY UPPPPPPPPPP
1 more minute

This post has been edited by Halibut: Mar 25 2024, 05:02 PM

will wait for the result on Wednesday....

OVER SUBSCRIBED....XX times

This post has been edited by IPO ADDICT: Mar 27 2024, 02:54 PM

Let's hope to see some successful allocation...

No press release yet ?

27.66X

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

Ok la as long oversubscribed. Plus 22 sen only. Hopefully duit raya for me.

let's hope we net some SBH shares for Raya "pow"

Single digits successful rates....

Good luck 😄 to me 😊

Result maybank still pending

Today holiday, maybe tomorrow after 5pm

Same same....
usually pending = low chance to get allocated

that's based on my experience... if kena same day evening dah tau

Everyone is pending. Rimau like this la, if ballot result late + public holiday/weekend then the next working day after 7pm.

#tayor

Everyone is pending. Rimau like this la, if ballot result late + public holiday/weekend then the next working day after 7pm.

#tayor

i wonder who holds the funds.... TIIH or Banks ?

Investment bank. If TIIH, you won't get refund so fast.

Nowadays result slow and refund also slow. I remember many years ago, ballot Friday, even weekend Saturday, result will be out in the morning.

Chill boss...

I know you need the $$$ fast for rolling over purposes

Don't need to double post 😁

Got public holiday.... What can we do.... Gazetted one....
So it's delayed....

Nowadays with better technology in placed...

The process of refunds getting even slower...

Some parties loved to hold our $$$... For don't know what reasons....

As for Saturday...

Now it's strictly 5 working day policy.... So Saturday won't process anything....

the reason is OPR 3% lo... billions of RM

Got related to OPR?? 🤔

1 day hold can get billions

Each day RM283,684,522.00 x 3% p.a. earns RM23,316

CIMB result out

Hold our money to make more money. Calculate daily interest should know how much they make.

In the past, CIMB will publish result on Saturday morning for Friday ballot counter. I can confirm this.

successful ?

Not bad for "free" money they hold 😁

morally illegal money

they not hold the money, all run by system, cause yesterday public holiday

hmmm another PTRB 2.0

frozen sea food PTRB so damn hot today ....hit 50.5 sen

SBH IPO 50 sen no sweat ?...

This post has been edited by IPO ADDICT: Mar 29 2024, 03:21 PM

No. Don't know happy or not

there's other IPO to "punt" later