Saliran Group Bhd, which supplies pipes to the oil and gas industry, has set its initial public offering (IPO) price at 27 sen apiece in a share sale that will raise up to RM32 million from the ACE Market.

The public issue comprising 80.4 million new shares will raise RM21.7 million, according to its prospectus launched on Wednesday. An offer for sale of 38.29 million existing shares meanwhile will gross about RM10.3 million for its selling shareholder.

Applications for the IPO shares will close on Feb 28, and the listing is scheduled for March 13.

The public issue involves 19.15 million new shares for application by the Malaysian public, 7.66 million shares for eligible persons, and private placements totalling 54 million shares for approved Bumiputera and select investors.

https://theedgemalaysia.com/node/744983

This post has been edited by nexona88: Feb 20 2025, 03:56 PM

Sigh.... dunno.... to sub or not to sub..... later sub d become submarine

wa lao, i'm still a junior with 2 stars only....when can I get 3 stars ah ??

This post has been edited by Yipeegee: Feb 20 2025, 11:10 PM

27sen quite cheap. but O&G doing well or not now with renewables? didnt manage to apply for pantech since I forgot to apply lol, maybe I apply this one

Seems okay...

Price not so high from afar... Need to see FV/TP reports to evaluate the IPO...

As for your 2 star...
Please read the link below for more details
https://forum.lowyat.net/index.php?act=faq&article=3

at that price, it's gonna be over-subscribed for sure.

Lets see any TP

Sure would be oversubscribed... Any IPO that comes out like that....

But the biggest question is how high???? Anyone guess 🤔

if oversubscribe and end up like richtech will be nice. Can hv fun during raya later

the IPO is based on 1st come 1st serve or random select based on allocation?

This post has been edited by shyan90's: Feb 21 2025, 12:26 PM

random

where got so easy wor

Haha...no wonder try joe 2-3 times also kenot get

Depends on luck boss...

Some says also banks that you applied... But personally I don't think so

Any TP pls share

M+ = 0.45 (66.67%)

Tq ..good tp

applied. hope it goes well. FV cannot trust M+ at all. others 50/50

care to share what reference Numbers?

not sure how to check the ref number. i applied through maybank

if you can't trust M+, then which one you trust?

all others are somewhat ok. but if u check all previous IPOs and look at their opening day FV, compare with what M+ gives, M+ usually wrong by a lot. other places their FV is still quite close

check your receipt

M0794? but that was 2 days ago. tomorrow will have a lot higher number

It's the IPO Reference Number at the bottom of your receipt

M0794 is the share Issue number, not this one

ohh I see. hmm, I didnt keep the receipt unfortunately haha

If you use maybank to apply online can check transaction history.

what do you want to find out from the reference numbers?

0.35
0.34
0.42 .....

This post has been edited by Yipeegee: Feb 27 2025, 12:31 PM


Attached File(s)
 20250225_Saliran_Group_Berhad_IPO.pdf ( 530.43k ) Number of downloads: 224

Huatt Chaii....

Please Take note of the World Famous Investor's Warren Buffett tagline ....?

" BE GREEEEEEEDY 💪when others are SHIVERINGG👹 "

This post has been edited by IPO ADDICT: Feb 27 2025, 01:00 PM

Transaction Date: 28 Feb 2025 09:39:56
IPO Reference Number : 0003082

IPO fever over

Huh??

Such low numbers??

I suspect less demand from Bumi application since fasting month starting... Need to divert $$$ there for expenses...

not bad. hopefully i can get it this time.

I think the number not gonna be huge

Now many waiting for trump to make his moves clear

Very low

Probably correct

That trump guy is really one nuts case crazy person...

Don't know what else he gonna slapped with tariffs...

Deleted - connection issues

This post has been edited by nexona88: Feb 28 2025, 11:30 AM

Not only Trump, now he brings in Tesla joker and make the situation worst!

What is the number now?

ARGGHHHHHHHH.....

psstttt

4761

Seriously it's not looking good at all...

Last day, and it's below 5k application

4802 ....

not looking good but bursa always got magic

market so bad, skip, sunlogy lucky sold first day untung 1 cent

Ouch, i think i will skip this piping business also

later like it's name, flush ... toilet flush...

Last Call Last Call

if can make 5cent also ok laa

So what's the final number??

Please don't tell me, it's still below 5k...

If indeed yes.. probably we could be looking at 100% allocation???

5390

4.54pm

probly didnt hit 6k even. easier for us who applied to get, but also could be that it opens with below ipo price... hope for the best so can celebrate raya in style

NO WAY... .....

it's so small allocation - merely 19 Million +
- after all related to OIL & GAS IPO

consider lucky to those can get it

another KOPI 2.0..? ...we never know

This post has been edited by IPO ADDICT: Feb 28 2025, 05:38 PM

I'm doubtful 🧐

Anyway just waiting for ballots table & press release

So ready to buy from US again ? ...

looks like didn't even got 6k..
hope for the best

DEAL.....

pssttt....Total Make Over Sure ANGPO*

This post has been edited by IPO ADDICT: Mar 1 2025, 04:47 PM

LOL !!

fair value 0.34cts to 0.38cts
cukup pegi makan besar

Just waiting for ballots on 4 March lorh 😔

hope it won't be like Pantech Global this morning drop 32% at opening

Pantech global char toh spoil the mkt

all the best guys.

OVER subscribed by ?....

for Maybank probly hv to wait till tomorrow sadly. always the slow one

MooMoo also no results out ahh??

Normally by now already know....

Tricor Investor & Issuing House Services Sdn Bhd wishes to announce that the 19,145,000 Issue Shares made available for
application by the Malaysian public have been oversubscribed.
A total of 12,926 applications for 1,474,786,300 Issue Shares with a value of RM398,192,301.00 were received from the
Malaysian public, which represents an overall oversubscription rate of 76.03 times. For the Bumiputera portion, a total of
4,848 applications for 465,029,000 Issue Shares were received, which represents an oversubscription rate of 47.58 times.
For the public portion, a total of 8,078 applications for 1,009,757,300 Issue Shares were received, which represents an
oversubscription rate of 104.49 times.


Attached File(s)
 saliranallotment.pdf ( 294.83k ) Number of downloads: 215

wow such a big diff bet public and bumi

moomoo result out, not allotted

This post has been edited by randvar: Mar 4 2025, 03:16 PM

Maybank still waiting.

Public confidence level higher 🔥👍

hmmm....

Pergghhhh....SO IPO HUNGRY

so many IPO ADDICTS >> over subscribed 100 + X ( public )

This post has been edited by IPO ADDICT: Mar 4 2025, 08:19 PM

MBB refunded. Failed. Wish all successful applicants best of luck

failed. all the best to those who got later!

.....

failed.

so many say ipo fever gone la, this saliran not laku la. at the end of the day, apply also tak dapat. countless others still going for ipo.

Those outside lowyat forums applied big..

That why you see so much contrast reviews / demands...

if can get this , good lah
else move to next ipo.
maybank as usual, 3 days pending

what's next ?

this year haven't got ....

Lee SeonG Hai 0.88 cts

This post has been edited by pileepalah: Mar 6 2025, 10:56 AM

https://forum.lowyat.net/topic/5512342

Pricing seems okay 👍

too expensive

those chem chem ones.... scary

25c IPO only

How worse they can perform vs the 88c one

Suncon RM 4.38

IJM RM 2.09

LSH will surprise many $$$$$ - especially those didin't apply

This post has been edited by IPO ADDICT: Mar 7 2025, 06:33 AM

.....

With a strong focus on the oil and gas, construction, and manufacturing sectors,

💪🤔

The Group serves diverse industries, with key revenue contributions from oil and gas (86 %), building materials (4 %), and palm oil refining ( 3 %). Expansion of storage capacity and regional footprint. To support business growth......👌 $$$$$

This post has been edited by IPO ADDICT: Mar 13 2025, 06:49 AM

listing day. let see positive green color

looks GREAT.......!!

TO 28 sen

fark... im latee

Tanked now. Atleast got chance to sell at breakeven at opening. As bad as global

Still wanna subscribe IPO? Take the money invest elsewhere better 🤣