IPO PSP Energy Berhad

PSP Energy Berhad, through its subsidiaries, is principally involved in the trading and distribution of fuel and lubricant products in Malaysia. The Group's key business segments include the wholesale trading of fuel products; the distribution of fuel products using its own fleet of road tankers and bunker vessels; and the distribution of both third-party and its own brand of lubricant products. The company has over 13 years of operating history and serves a diverse customer base across industries like wholesale petroleum trading, transportation, logistics, utilities, energy, construction, and manufacturing. Its operations are supported by its own assets, including licensed storage plants, a fleet of road tankers, and bunker vessels for ship-to-ship bunkering services.

ACE Market

IPO Price: RM 0.16 per share

Closing: 21 November 2025

Balloting: 25 November 2025

Listing: 4 December 2025

Market Capitalisation: RM 171.0m

This post has been edited by kb2005: Nov 13 2025, 03:58 PM

Really ?...16 SEN for ENERGY SECTOR IPO ?....

DEM Cheap

This post has been edited by IPO ADDICT: Nov 13 2025, 01:59 PM

I m in. Pls share ref number.TQ

Still very early bro.

Pat too thin.

but distributor/reseller only ?

what is the running number
still no fv
ok lah since no fv saya sendiri kasi
should be 0.20cts ok mor

IPO mania / IPO hungry lately ....Energy sector

50X Over subscribed ?
so cheap

This post has been edited by IPO ADDICT: Nov 14 2025, 11:16 PM

hmmm.....

This post has been edited by IPO ADDICT: Nov 15 2025, 04:06 AM


Attached image(s)

looks very cheap this one

16c IPO...

Sure it's Buy Buy Buy mode all the way 👍

Nowadays, looks are deceiving.... maybe got plastic surgery & all

Low price doesn't meant cheap. Need to look at PE and competitors price as well.

16sen , later we all out then opening 13sen
too many ipo lately. not enough bullet

hmmm.....those risk averse - even with low risk IPO then ?...

better opt for ?...

WORRY FREE ( guaranteed $ ) grandma old fashioned bank FD /Fixed Deposit for peanut 3 %
after 365 days / 1 yr

This post has been edited by IPO ADDICT: Nov 17 2025, 10:10 PM

TA Fv is 17 sen only.

I think this ipo tarak laku, tommorrow closing, until now silent this ipo.

This post has been edited by tomjason: Nov 20 2025, 08:49 AM

Too many IPOs in the list. Can skip this one since not popular. But again for 16c price, i guess still many will apply.

what a cheap dirt PSP IPO for ENERGY SECTOR..@ PEANUT 16 SEN .
hmmm...potential to be CORNERED & GOLENGGG liao this ACE IPO

where as main border ORKIM IPO - ENERGY SECTOR too is PRICEY 92 SEN

This post has been edited by IPO ADDICT: Nov 20 2025, 12:53 PM

I think both Psp & Orkim are good quality ipo. Psp supply fuel tanker industry & bunker vessel to tanker ship eventhou PAT is low they are expanding to buy more vessel, the ipo fund not use pay bank borrowing.
Orkim is main board that why mahal, the biggest logistic in msia to carry fuel for its customer PETRONAS,PETRON,Nippon gas japan etc. PNB hold 60% share when Equinas sold 40% share to become ipo.Keyfield (more or less same sector)ipo in making i think, fly on listing..

Just my 2 cent comment haha...

This post has been edited by tomjason: Nov 20 2025, 02:12 PM

I believe fund managers are direly looking for good quality main markets companies and these coming ipo newcomers will be a boon.