Didn't see any topic about this IPO on this forum. Thought I'd put this up to gain your prospective on this.

ASM Automation Group Berhad has officially announced its Initial Public Offering (IPO) as part of its listing on the ACE Market of Bursa Malaysia Securities Berhad. The IPO will consist of a total of 128,344,000 new ordinary shares in ASM, structured to cater to different investor segments.

The allocation includes 26,740,000 shares available for application by the Malaysian public, 10,696,000 shares for eligible directors, employees, and contributors to the company's success. Furthermore, 66,846,000 shares will be offered through private placement to Bumiputera investors approved by the Ministry of Investment, Trade and Industry, and 24,062,000 shares will be available for selected investors.

In addition to the public issue, there will be an offer for sale of 53,477,000 existing shares via private placement to selected investors, all priced at RM0.17 per share, payable in full upon application. This strategic move is expected to enhance ASM's capital base and support its growth initiatives.

Opening of application: 29 May 2025
Closing of application: 19 Jun 2025
Balloting of application: 23 Jun 2025
Allotment of IPO shares to successful applicants: 30 Jun 2025
Tentative listing date: 02 Jul 2025

https://www.bursamalaysia.com/market_inform...?ann_id=3557957

This post has been edited by lolabunny123: Jun 16 2025, 01:45 PM

Don't have any TP/FV

Closing on Thursday ooh, today already Tuesday 😁

Undersub counter. Even Sure_Angpow prefer to spend time in Haiyai than comment on this counter!

Now that you mentioned it

Realize that guy also MIA 🤣

Kodiang Boy ...hmmm

...am back now with a BANG

FV 22 sen M+

Public 19 sen

This post has been edited by IPO ADDICT: Jun 18 2025, 11:19 AM

You survived Hatdyai trip!

Now a good time to IPO now but this counter is listing at low price, so maybe ok.

He goreng for living and after that enjoying life somewhere.

got to agree with KB@Kodiang Boy....potential ASM Gorengg liao....

Runningg NO please...!

This post has been edited by IPO ADDICT: Jun 19 2025, 12:58 PM

HURRYYYY UPPPPPPPPP
2 more minutes
POTENTIAL JACKPOT

This post has been edited by IPO ADDICT: Jun 19 2025, 04:59 PM

https://theedgemalaysia.com/node/760074

1.27x oversubscribed

those who can tahan kalah can keep on
proceed applying ipo, saya sudah surrender oreli

good luck to u all

Just pray don't go below IPO price 🙏

I bought small amount only hoping to goreng

17c stock also 1.27x only? All the best

Don't open like pan merchant good enough already

maybe this counter go holland also...

To me, from the table it is undersubcribed.

Wednesday morning can answer all questions & doubts 😀

2 nights can not sleep Just imagine you got what you applied.

Many already gave warnings... Temporarily stop..

Your decision to apply & gotten it... so need to face everything....