KUALA LUMPUR (Oct 28): PMW International Bhd on Tuesday launched its initial public offering (IPO) that will raise close to RM91 million from the ACE Market.

The concrete products maker is now accepting applications from investors for its shares at 34 sen apiece, according to its prospectus. The IPO will raise RM60.66 million for PMW from the public issue of new shares and another RM30.33 million for its selling shareholders from the sale of existing shares.

Applications for the IPO will close on Nov 6, and listing is scheduled for Nov 18.

PMW manufactures and sells a variety of pre-stressed concrete products, including spun concrete poles, piles and related items. The company also produces moulds, machinery and lighting products for the power, telecommunication and construction sectors in Malaysia and abroad.

Based in Lahat, Perak, PMW also has manufacturing facilities in Sabah.

Nearly 78% of the IPO proceeds will support business expansion, including the construction of a new facility in Tanjung Manis, Sarawak, to manufacture spun poles and piles to better serve customers in East Malaysia and tap into growing infrastructure opportunities in Sabah and Sarawak.

The remainder will be used to purchase new machinery and equipment, and as working capital.

Proceeds from the offer for sale, meanwhile, will go to chief executive officer Lee Hon Hwa and his siblings Khim Hwa and Siew Yoke as well as Richard Lee, who is in charge of overseeing PMW’s Sabah operations. Khim Hwa is the executive director responsible for business development while Siew Yoke is the chief human resources officer.

KAF Investment Bank Bhd is the principal adviser, sponsor, sole underwriter and sole placement agent for the IPO.

what is the fv and the latest ticket number

looks promising....

This post has been edited by IPO ADDICT: Nov 3 2025, 06:49 PM


Attached thumbnail(s)

my own fv 0.50cts
u see the name international also should be very interesting oreli

This post has been edited by pileepalah: Nov 4 2025, 11:50 AM

Even if FV/TP given is below IPO price...

Still can oversubscribed one.... Just looked at Farmiera 😑

thanks to the IPO SENTIMENT , NOW it's

REVENUE rose 118 % in 3 years and ..
.77 % of the IPO fund collection for building new facilities - NOT TO PAY DEBT .

Many don't know that this PMW IS ONE OF THE MAIN SUPPLIER for NATION UTILITIES PROJECT / MALAYSIAN TELCOs.

ONE CRUCIAL THING TO NOTE ?
FOUNDERS DON'T WANT to SELL their shares during this IPO ..dem GOOD SIGN

This post has been edited by IPO ADDICT: Nov 4 2025, 12:26 PM

Nowadays no FV from brokers ? Last time like a lot one wor

nowaday have to sendiri kasi fv
my latest fv is 0.45cts drop from 50cts
base on today mkt sentiment

Come come everyone apply PMW!

45 sen fv from TA


Attached File(s)
 PMW_IPO_20251105__TA.pdf ( 989.34k ) Number of downloads: 341

wow you so chun.... same wif TA

Nice fv fr TA

mplus fv 0.57

SOLID. GREEEEN LIGHT ...💪



This post has been edited by IPO ADDICT: Nov 5 2025, 01:08 PM

SO....Hmmm

OVER THE ROOF TO THE MOON

Most likely this HOT PMW IPO to " OVER SHOOT " all the GIVEN TP.....

heard 1 dude from Sabah IPT@ U , now ?... ...PITY

This post has been edited by IPO ADDICT: Nov 5 2025, 11:55 AM

mplus no FV?

how about Aqua walk, no ppl post?

Fv good, i m in.pls share running ref number.tq

This post has been edited by tomjason: Nov 5 2025, 01:06 PM

Mt fv is very nice