UUE Holdings is principally an investment holding company. Through its subsidiaries, UUE Holdings are principally involved in the provision of underground utilities engineering solutions as well as manufacturing and trading of HDPE pipes. UUE Holdings is involved in the electricity and telecommunications industries.

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

(i) Public issue of 124,902,000 new ordinary shares in UUE ("Issue Shares") in the following manner:

• 30,415,000 Issue Shares made available for application by the Malaysian public;
• 40,591,000 Issue Shares made available for application by the eligible directors, employees and persons who have contributed to the success of UUE and its subsidiaries;
• 38,574,000 Issue Shares made available by way of private placement to Bumiputera investors approved by the Ministry of Investment, Trade and Industry of Malaysia ("MITI"); and
• 15,322,000 Issue Shares made available by way of private placement to selected investors; and

(ii) Offer for sale of 37,463,000 existing Shares by way of private placement to identified Bumiputera investors approved by MITI.

https://www.bursamalaysia.com/regulation/pr...ings-berhad-uue

This post has been edited by ronnie: Jun 29 2024, 11:23 PM

quite long the subscription period

UUE is subcon to KOMASI

- KOMASI enter energy/solar project
- Data Centre Hub in South East Asia

24 sen is cheap.

PEERS - HE, JATI, MNH
Could follow KJTS and KAWAN as well.

LU RM1.20

#tayor

think will only consider buying at 17 or 18
too soon to lock the funds up

This one looks to be a good prospect with the expected boom in data centers in Malaysia. Will apply later on, still a lil early now. lol unless got first come first allocated policy hahaha

No such thing as first apply get allocation priority first 😁

Can apply on last few hours before closing

Today was just checking thru Maybank e-ipo and noted on race selection before complete the purchase besides I never succeeded in any IPO no luck or not sure for what.. recently IPO all very good at low price

seems quite tempting now, but still a bit too early, must set alarm to buy

We wait other tp also

There's race because need to split the allocation...

Bumi & Public retail portion...

UUE FV (RM0.24)

APEX RM0.33
MERCURY RM0.46
RHB MYR0.31 (+29%)

With JATI TINGGI going all time high today, this UUE potentially going to the roof.

#tayor

thank you for the info

" for the people "

All in ...

Still has time to think n find capital

Where did all your capital go? Haha. Still in kawan?

I'm all in for this IPO. SAC and Kawan didn't succeed last time

Will attempt this IPO for big PIPE DREAMS

sorry off topic, how do i buy IPO? i search rakuten, i cant find this UUE share

Rakuten nominee account boss, cannot buy IPO.

#tayor

hmm.. i read online but still cannot get it how to buy ipo... haha
i try to be part time trader and play for fun ...
plan to get this IPO and sell after making certain profit

Hi

Is there any other TP?

A quick suggestion, mean no harm.

If you are "trying" to be a part time trader & "play for fun".

I would suggest that you don't do so until you do demo trade / paper trades to confirm that you won't lose a huge amount of money that you are not prepared to lose. Many "traders" say that they are okay to lose money, until the moment when they buy into active stocks and actually lose 5-10% within minutes or hours.

Because based on your comment, you don't even know the difference between nominee account / CDS account. Indicating that you MIGHT be lacking in investing or trading knowledge. In this case, its very likely that you will lose money even in the Bursa.

I would suggest you to keep the hard earned money, and try out the IPO portion which you are currently interested in if you are really keen and die die must trade.

In order for you to apply for IPO, you'll need:

1. CDS account - You can look for accounts like Moomoo / M+ / Bank linked investment platforms.
2. Bank account - CIMB / Maybank will do just fine, you will apply your IPO there.
3. Cash - All IPO is subscribed (or attempted so) with cash, no loans, no margins.

How to: Once you obtain and activate your CDS account (be sure it is visible in Bursanow), then you will apply from your online banking account - select the IPO + the amounts you want, then you will key in your CDS details. Results will usually be out a few days after the closing date. For you to find out whether you succeed or not, easiest way is to see if your money gets refunded.

Good luck.

Whereas for UUE, seems promising, but after I dig through the company / director details, something seems abit unexplainable to me.

What exact relationship between KOMASI and the main director? It seems that many of the directors are ex-KOMASI; and their major customer is also KOMASI.

Not to mention that their dependence on major customer is very big. Almost more than 75% of their total revenue is dependent on 3 or 4 major customers.

But what I do like is how they plan to utilize the proceeds, none goes to paying borrowing, and the details of the purchases are seemingly tally and within market rate of purchase. This allows them to enter the recently or going to be resolved cabotage situation here in Malaysia for land-sea cables.

Of course, this is the discussion for the long run. If you just plan to hoot IPO then sell on listing then these won't matter to you.

Still long before closing date can discuss / think think.

thanks for guidance and advise.

I hv few friend working in finance industries and they do advise me from time to time and what to invest.
In fact Mercury CFO is one of my friend as well.

They introduce me to this UUE IPO since they know i finding IPO for short period trading.
Not much information i hv for now regards to this IPO. Wil check it again once it listing at ACE.

This post has been edited by stevenlee: Jun 13 2024, 11:12 AM

Sorry a bit off topic here..any comments for this new IPO..Johor Plantation Group?
Me new in this IPO thing..
Saw the news at Moomoo MY apps..now can subscribe IPO from trading apps also...so wanna try also
Johor Plantation Group launched yesterday at RM 0.84 with minimum of 100 shares..
from what i gather..most IPO price increase after listing..so if this Johor plantation is good? Since it's easier for me to get it from the apps..

https://www.moomoo.com/news/post/39350336/j...708510568533040

This post has been edited by SitiNorhaliza1970: Jun 13 2024, 08:57 PM

main con (Komasi) + subcon (UUE)

end-customer big taikor TNB

Johor plantation discussion in this thread. Good luck
https://forum.lowyat.net/topic/5449043

This post has been edited by Softenedheart: Jun 13 2024, 11:43 PM

Yeah, that makes me wonder, if many director is ex-KOMASI

Would this be a bane or boon for UUE?

Seems like subcon can be easily replaced if the relationship isn't as good since its considered somewhat down-down stream

Actually if you are that interested, you should research further by reading the prospectus in more details. answer is there.

UUE specialises in horizontal directional drilling (HDD). they can also do the open-cut method (korek, lay the pipe, then close back), but this is not their main focus.

they got exclusive agreement with Komasi+Sutera Alam for HDD works. so these main cons go tender for jobs from TNB, then the HDD portion of the job must subcontract out to UUE

relationship is more symbiotic rather than boss-kuli (main con-sub con) relationship la

UUE vs go hub, which is better, no enough fund

Already did, hence these subjective questions are those couldn't be found from the prospectus.

Even went deeper to check KOMASI history, not relatively updated.

Yes they have exclusive agreement, but these agreements can be terminated.

Not just KOMASI, but with sutera too. With so much at stake, what has been done to protect the relationship? As an prospective investor, you won't be satisfied with "our long relationship with KOMASI will be the best relationship shield". Of course, there is alot of uncertainty and also subjective factors.

Therefore, this is what I believe a forum is meant for discussion.

UUE

hitting RM 1.00 No sweat liao.....

This post has been edited by IPO ADDICT: Jun 14 2024, 04:25 PM

Cgs cimb fv 0.74..Is it true?

Where did you get the info?

just applied

ipo reference number 6050 let's GO

Wahhh...

So fast already 6k+++

Expected closing above 10k 🔥💪

Now 7139

9055

9822

Tomorrow will apply.

10140 as at 6:40am

10249 at 7.21am

BOOMING!!! 🔥🔥🔥🔥

IPO HUNGRY..
IPO MANIAC NOW ON GOING

JUST WALLAP the IPO = $$$$$...
.thanks to IPO MANIA

Seem like very difficult to get some allotment hahaha

9:05am - #10908

Latest 11531@10.05am

10.40am
11876

Lolz..

Not even balloting...

Already thinking difficult to get allocation

Be positive 😁

Where can we see the allocation rate? Or its only available after the allocation? The table where u get to see the success rate based on your application amount

This friday once ballot result out. Can see at tiih website under press release

i set my expectation low.... so if hit will be GREAT feeling

Just keep refreshing this page after FRIDAY ballot
https://www.tiih.com.my/content/press_relea...isAllotment.pdf

Ooh...

You think from that perspective yo...

Understand that 😁

heard the BLACK MARKET price now hitting @ 60 sen ....

IPO SOARINGG Liao $$$$$

thanks to the MADANI Govt too

This post has been edited by IPO ADDICT: Jun 18 2024, 12:02 PM

Already 12k 😋

Should be hitting 13k before Bursa break @12.30pm

#13041

🔥🔥🔥

12:47pm 13214

100X Over subscription sap sap sui

Can't rule out to be this year IPO champion in term of SUBSCRIPTIOn ( how many TIMES x )

Thanks to IPO Madness lately

200 x ?......Hmmm debut / opening RM 1.00..?

This post has been edited by IPO ADDICT: Jun 18 2024, 01:14 PM

#13449 13:13:52

Thanks!!

This post has been edited by ragk: Jun 18 2024, 01:43 PM

Hmmm...

Seems like around 14k 🔥💪

Transaction Date: 18 Jun 2024 13:57:11
Share Issue No : M0768
Issuing House : TIIH
Share Name : UUE HOLDINGS BERHAD
Unit Price : RM0.24
IPO Reference Number : 0013936

By 5pm should be 15k

Super lucky to get some allotment...

Shooting up last minute as usual...

Typing Malaysian style.... Always apply on the last few hours before closing 😋

Those who apply last won't get it

Super rare for the last number in randomizer to be picked out

Somehow I think those usually apply after 2.30pm on closing date, if trading day, usually hard to get

I have never gotten in this time slot

3:01pm 14964

3.02pm 14972

your sample size too small to "make such conclusion"

so which "time window" best feng shui ?

15140

Will come back to this on Friday at 7pm. Good luck all

mbb 15452

Crazy, i think this time oversubscriptions rate will be highest among this year IPO

Isn't this applicable to your statement too? If any, its worst since its randomizer.

But anyhow, I would say, at least got ~50x application from myself, family as well as friends (with receipt usually)

- Family mostly applied early, days after initial open
- Friends mostly applied 2-3 days before end, no weekends

With this, I still acknowledge its low numbers, but since I placed 'somehow' there, I am also sort of stating it with a grain of salt (superstitious belief like in casino lol)

Hmm...

Got such thing huh??

It's called balloting.... The last few numbers don't get picked??
Weird system if indeed true...

🧐🤔

the old style was via picking of actual envelope.....

most people will just pick from center stash rather than pick 1st and last envelope
of course there's always outliers who likes 1st and last envelope

True random numbers require an outside source of randomness.
Within the computer, numbers cannot ever be truly random.
So typically, some real-world source of randomness (For example, the low order bits of the mouse position or the number of microseconds since the last whole second in the real-time clock) is required.

This post has been edited by ronnie: Jun 18 2024, 04:06 PM

I doubt today would use such a hassle method though

I believe randomizer still the easiest among all

Most likely programmed for in-house use

see if lady luck fortuna wants you to earn $$$ or not

16643

Ref No: 16996
4:38:58pm

17136

17432

17429 16:55:45

Already more than kawan

Unexpected Strong demands...

Good luck everyone...

Now we shall see the balloting table 👌

Thank you
Already baca and decided to try to apply for the IPO..
Really easy to get it done using Moomoo MY apps..

No such thing.

I always apply on the last day because of the huge capital.

Recently I got Kawan Renery , Feytech, both also last day application.

This post has been edited by thunderbird: Jun 19 2024, 07:33 PM