Principal Activity:

The principal activity of CRG is investment holding, while the subsidiaries are principally involved in the business of designing, promoting, marketing, distributing and retailing of women’s handbags, footwear and accessories. The Group is also involved in property development and property investment; investment holding of securities; and provision of management services.

Shares to be issued/offered:

IPO in conjunction with the listing of Carlo Rino Group Berhad (“CRG”) on the ACE Market comprising:

(I) Public issue of 171,865,700 new ordinary shares in CRG ("Issue Shares") in the following manner:

48,876,000 Issue Shares made available for application by the Malaysian public;
800,000 Issue Shares made available for application by the Independent Directors of CRG; and
122,189,700 Issue Shares made available by way of private placement to Bumiputera investors as approved by the Ministry of Investment, Trade and Industry of Malaysia.
(II) Offer for sale of up to 87,984,300 existing shares (“Offer for Sale”) made available by way of private placement to selected non-Bumiputera investors.

The Offer for Sale is subject to the terms and conditions as per the Prospectus.

Transaction Date: 02 Dec 2024 10:00:48
IPO Reference Number : 0000661

This post has been edited by prdkancil: Dec 2 2024, 10:10 AM

Is there any TP to share?

Huatt Chaiii.... ...

Can't rule out may over shoot to 60 sen.

A cash cow company ( debt free ) after all

2649

steamingg this morning ... .

mbb 10 am ref no 3532

malaysian style, last minute will buy in. same like vanzo.

3658

problem is whether still got bullets to shoot

any TP from TA Securities ?

# 3980

Carlo Rino....is a debt free company....

Thinking thinking thinking ....

4604 as 12:46pm

Hello...TA is the under writer of this HOT IPO Carlo Rino...


KUALA LUMPUR (Oct 28): Fashion retailer Carlo Rino Group Bhd (KL:CRG) on Monday said that it has inked an underwriting agreement with TA Securities Holdings Bhd for the transfer of its listing from Bursa Malaysia’s LEAP Market to the ACE Market, scheduled in the fourth quarter this year.

This post has been edited by IPO ADDICT: Dec 5 2024, 02:33 PM

MBB 5329 14:35

Status: Successful
Transaction Date: 05 Dec 2024 14:44:35
Share Issue No : H0657
Issuing House : MIH
Share Name : CARLO RINO GROUP BERHAD
Unit Price : RM0.27
IPO Reference Number : 0005414

Tembak a bit.

must wallappp this Carlo..?

Back ( under write ) by TA Securities

This post has been edited by IPO ADDICT: Dec 5 2024, 03:53 PM

6079

Only one TP from m+

6393

#6575 4:30pm

might become likes this morning cropmate listing ?

HURRYYYY. UPPPP

1 MORE MINUTE

Potential Christmas Jackpot

This post has been edited by IPO ADDICT: Dec 5 2024, 05:27 PM

Good luck everyone

All the best 🙏

Hello....you can't get the FV from TA...Why ?

bcoz TA is the under writer / guarantor of this Carlo Rino

not gonna touch this IPO. Replaceable consumer good with not much differentiation.

Good luck to all today ballot

huatt chaiii

18.43x



This post has been edited by Halibut: Dec 9 2024, 03:19 PM

looks not so good

yeaa...the weird form of balloting again

waa high allocation

Failed, via moomoo

Fantastic around 20 X

Meanwhile, a total of 6,675 applications for 552,416,600 Issue Shares were received for the other Malaysian public portion, representing an oversubscription rate of 21.60 times.

Slim chances too

BTW...TA is the under writer / guatantor

This post has been edited by IPO ADDICT: Dec 9 2024, 04:57 PM

Slim chance for me. Will just wait for refund, maybe next week only mbb will refund me 😵‍💫🫤

Cimb result out

Mbb unsuccessful

By end of the week can get refund already

Unless yours under second ballots... Then it's next week...

MBB unsuccesful

Just checked, status is "Waiting List" 🤔🤔

And there is amount shown under "Partial amount" column but nothing refunded yet.. weird

Congratulations 👏🎉

Just wait tomorrow night

Really? Ok hope so 🙏

You shud get the refund around 9:30 tonite bro

Share allocation quite big.

the chance @ odd @probability / Math 101 - to get it - is very slim

This post has been edited by IPO ADDICT: Dec 10 2024, 09:39 AM

My chance is 10% and got it.

MBB unsuccessful

Haizzzz

Nice 👍
Really lucky

This post has been edited by nexona88: Dec 10 2024, 10:02 AM

Surprised. I applied a little only and the result out 6pm yesterday and got it. I am focusing on Vanzo actually and hentam 2m.

If you got luck..

Even small amount applied can get you the allocation 🙏

MBB unsuccessful

pbb pending

True. Not like Vanzo applied big not get zero

any other IB TP ?

Any bank FV ?

Fuiyooo good qr, got dividend

Dividend?

Fashion firm Carlo Rino posts RM2.34m quarterly profit ahead of listing transfer
By Luqman Amin / theedgemalaysia.com

KUALA LUMPUR (Dec 13): Fashion firm Carlo Rino Group Bhd (KL:CRG), which will see the transfer of its listing from Bursa Malaysia's LEAP Market to ACE Market on Dec 18, reported a net profit of RM2.34 million or 0.29 sen per share for its first financial quarter ended Sept 30, 2024.

Quarterly revenue stood at RM19.83 million, according to the group's exchange filing on Friday. There are no year-ago comparative figures as this is the compny’s first interim financial report in compliance with ACE Market’s listing requirements.

The primary contributor to the earnings continues to be the boutique distribution channel, which remains the main driver of revenue for the company, Carlo Rino noted.

Looking ahead, Carlo Rino said that while the outlook for the fashion industry across key markets in the Southeast Asia region is positive, the company is "committed to approaching these opportunities with a measured and prudent strategy".

The company mainly designs and sells women’s handbags, footwear and accessories out of 36 boutiques in shopping malls and five boutiques
at premium outlets in Malaysia. It also consigns its product to 82 departmental store counters and markets its products online.

This post has been edited by IPO ADDICT: Dec 16 2024, 05:05 AM

Any FV ?

......

Tomorow WED DEC 18 is the D - DAY


TA ?.....NO FV since TA is the under writer / guarantor of this IPO

but surely it's a good IPO company , that's why TA is willing to be a guarantor/under writer

with good QR and a DEBT FREE company....HUATT CHAII CARLO RINO

This post has been edited by IPO ADDICT: Dec 17 2024, 08:40 PM

haha, TOP : 27 same as IPO price. no KFC

hmmm.....

now TOP 23.5 below ipo price , cash rich also tak guna,

This post has been edited by tnang: Dec 18 2024, 09:01 AM

This is one of the few times I'm thankful I did not get any allocation

me too. thank for not successful. now everyone can buy below ipo for the first minute.

seems this year not the year for IPOs maybe? hopefully swift energy and the other few IPOs at end of tihs year is alright and next year can be better

wondering now where the CRG management going to put their face at bursa now

they are laughing, waterfish caught. their initial holding cost very little.

kelong already. 22sen

IPO ADDICT, mana you? MIA

he mia as usual if that ipo lousy.
tmrw he will appear at winstar thread

heyyy...I am back but NOT with a BANG

every body injured this time liao.....seems Senheng 2.0 if not Radium 2.0

Any one especially NEWBIE plan to RETIRE due to this DEM IPO GAME ?...

This post has been edited by IPO ADDICT: Dec 18 2024, 09:55 AM

https://themalaysianreserve.com/2024/09/23/...rged-to-reject/

Due to thia articles maybe

senheng pain extra can feel until today
carlo pain manageable.

Just hold for mid-term if u have the extra holding power or else just sell at lost. Anyway the ipo price is not high.

Good luck to those who are still holding 😊

To those who have sold, better luck in next ipo.

"The independent advisor estimates CRG’s true value at 38.8 sen per share"

Huh

What rubbish is this

Sure must reject the offers lorh

Carlo mesti tak cukup Conerstone Investor la.

We must be good in Math

must based on % term....

found that radium is the worst IPO - 30 % BURNT on debut ....start trading 35 sen VS offer price 50 sen

NO 2..?....Senheng / .this Carlo Rino - in % term is - the Carlo injury is around / close to Senheng

further more the deep of pain depend on the holding quantity too....

BTW many off guard of this Carlo Rino Trap ...due to ..??..

the tactical / sweetening news about the Good Quarter Result just announced couples days ago...

This post has been edited by IPO ADDICT: Dec 18 2024, 12:43 PM

can buy in? now only 21

This post has been edited by tnang: Dec 18 2024, 03:15 PM

if today reach 18sen then we go shopping

ok, queue buy at 0.18

Got prospect to go up later after hitting 18c??

Later after bought, goes even lower how leh?? 🤔🧐

is ok, 30% discount than those strike, if just now grab at 20.5, already 10% profit

This post has been edited by tnang: Dec 18 2024, 04:27 PM

hmmm....know this ?...Beware...

A dead cat bounce is a short-term recovery in a declining trend that does not indicate a reversal of the downward trend..

BTW....pssttt... Next Hat Yai trip in limbo ? ....NO lahh.... IS ON

but finger crossed for tomorrow IPO Win star unlike this KAPUT Shameful Carlo Rino

This post has been edited by IPO ADDICT: Dec 18 2024, 05:05 PM

If really below 0.20, will top up too.

Chiang father & son tor sui kar

😅😂

20 cent.... no support from Boss on T+2...how far is can down, wonder?

please standby

how to support if Bosses, father & son co. plus directors all trapped at 0.27

keep dreaming