ICT ZONE ASIA BERHAD
ICT Zone Asia Berhad provides technology financing solutions, ICT hardware/software trading, ICT services, and cloud solutions. ICT Solutions encompass hardware, software, cloud subscriptions, and services essential for operational tasks and digital transformation. These include desktops, laptops, printers, projectors, operating systems, application software, and consultancy, maintenance, technical support, and device management services.

Listing Price :0.20
Closing Date :20 May 2025
Listing Date :03 Jun 2025
PE Ratio :26.32

Huatt chaiii

FV 24 sen @ 20 %.....looks very PROMISING , a unique/ special complete TECH IPO

can't rule out may hitting 40 - 50 sen

This company is a tech-fin firm that offers technology financing solutions, trades in hardware and software, and provides ICT services along with cloud solutions. Most of its projects come from the government, which makes it very solid and reliable
....
BTW....now can't be overly afraid unlike 2 months ago...



This post has been edited by IPO ADDICT: May 19 2025, 11:58 AM

potential FV as high of 75 % @ 35 SEN

This post has been edited by IPO ADDICT: May 19 2025, 04:04 PM

any other write ups ? looks ok wor this

the fair value is such a wide range that it looks strangeeeee.....

This post has been edited by Yipeegee: May 20 2025, 09:16 AM

running no ?...

VERY TEMPTING liao....
RHB FV 30 SEN ( 50 % UP )

today just training IPO PEOPLElogy oso
what's more with this complete TECH & Financing IPO
even dirt cheap 20 sen.....
looks very much PROMISING than today PEOPLElogy....hmmm $$$

RUNNING NO please....



This post has been edited by IPO ADDICT: May 20 2025, 11:04 AM

Hurryyy UPPPPP .....

50 % up side potential RHB

75 % M+

Hmmm....Promising signal.....


Shares in ICT Zone Asia's ACE Market IPO oversubscribed by 1.89 times


By John Lai / theedgemalaysia.com
22 May 2025, 06:57 pm


KUALA LUMPUR (May 22): ICT Zone Asia Bhd (KL:ICTZONE) announced that its initial public offering (IPO) has been oversubscribed by 1.89 times by public investors, ahead of its ACE Market listing.

The tech financing solutions provider scheduled for transfer listing from the LEAP Market to the ACE Market of Bursa Malaysia on June 3, offered 154 million shares in total, comprising 133 million new shares and an offer for sale of 21 million shares.

It has received 2,562 applications for 115.06 million shares worth RM23.01 million from the Malaysian public, compared with the 39.77 million shares offered, according to a statement from Malaysian Issuing House Sdn Bhd on Thursday.

The Bumiputera portion was oversubscribed by 1.1 times, with 1,107 applications for 41.71 million shares received.

The public portion saw 1,545 applications for 73.35 million shares, representing an oversubscription rate of [B]2.69 times. [/B]

This post has been edited by IPO ADDICT: May 22 2025, 07:51 PM

According to the research house, 70% of the company’s leasing solutions’ segment revenue is derived from government-linked projects, therefore, it sees that artificial intelligence (AI) personal computer upgrade trend could drive new or renewed contracts for the company.

“We project 25-40% revenue growth for the financial year of 2025 forecast (FY2026F) to FY2028F, driven by RM21 million IPO [initial public offering] funded capex to expand leasable assets and new and renewed customer contracts,” Tradeview said in a note on Monday.

Tradeview’s target price of 29 sen represents a 44% upside, based on a FY2027 price earnings of 13 times, comparable to peers, given its robust earnings growth from better product mix and slight premium to the non-bank financial institutions due to lower gearing, added Tradeview.

RHB Research, meanwhile, has assigned a fair value of 30 sen per share based on 12 times forecast FY2027 earnings, indicating a potential upside of 51% from its IPO price of 20 sen, it said in an IPO note on Tuesday.

"Backed by a record-high order book that is worth nearly two times its FY2025 revenue, we forecast a robust 47.5% compounded annual growth rate for FY2025-FY2028," said RHB Research.

"Its recurring income model and superior ROE makes its market valuation of 7.9x FY2027 P/E compelling," it saidl.



This post has been edited by IPO ADDICT: May 23 2025, 05:06 AM

ICT Zone Asia’s First-Ever Quarterly Report: Solid Numbers and Promising Growth Ahead

hwangjoey1
Publish date: Wed, 28 May 2025, 11:40 PM


ICT Zone has a RM253.4 million unbilled order book in tech financing over the next five years, that’s locked-in future income. There's also another RM5.6 million in cloud services unbilled revenue, so while smaller, it's a nice complement to their core segment.

This post has been edited by IPO ADDICT: May 29 2025, 11:19 AM

This company is a tech-fin firm that offers technology financing solutions, trades in hardware and software, and provides ICT services along with cloud solutions.

Most of its projects come from the government, which makes it very solid and reliable

LOOKS PRETTY GOOD this TECH FIN IPO



This post has been edited by IPO ADDICT: Jun 2 2025, 08:26 PM

just realize ict listing today.
still red color

didn't even know it's listing day

No activity in this topic from morning.