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 IPO : HI Mobility Berhad

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illwill3
post Mar 14 2025, 08:36 AM

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Joined: Oct 2020


QUOTE(tnang @ Mar 13 2025, 10:18 AM)
Same boss with yinson group. Boleh goreng?????
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Yinson doing well ke recently? their share price over last 6 months seems lke went down by around 20%?

I guess there's a bit of push for public transport nowadays, and seems like from prospectus they are using most of the proceeds (75%+) on buying more buses, EV charging infra (EV seems like a hot topic nowadays) + hardware upgrades and AI. remaining 22% on working capital.

The 1.22 pricing tho is quite high. Not confident it can do well with the current climate even if the IPO money is used on good things

 

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