As 2024 draws to a close, have you participated in the bustling Bursa Malaysian IPO on moomoo this year? Almost 90% IPO surged on debut, rally up to 189%. Here are 7 facts worth your attention!
1. 55 stocks were listed on Bursa Malaysia this year (11 on Main Market, 40 on ACE Market and 4 on Leap Market),setting a record since 2006.
2. This achievement represents a significant 72% increase compared to the 32 companies that had their IPO in 2023.The total funds raised amounted to RM7.42 billion, which is an even more remarkable 107% growth, according to Bursa.
3. Malaysia is the country withthe hottest IPO market among Southeast Asian countriesthis year. In contrast, only six companies were listed on the Singapore Exchange this year.
4. Among the 51 companies listed on the Main Market and the ACE Market,44 (86%) had rising share prices on the first day of listing, 2 remained unchanged, and only 5 declined.The average increase was 36.5%, with the maximum drop at -14.8%.
5.$UUE (0310.MY)$achieved the highest increase of 189% on the first day of listing in 2024. This company specializes in underground utility construction solutions and pipeline laying.
6.$99SMART (5326.MY)$raised the largest amount, collecting RM2.3562 billion. It rose by 13.94% on its first day of listing and has since increased by 47.88%.
7.It is anticipated that more companies will go public in 2025. According to market rumors, a star catering company is expected to go public in 2025. Do you know which company it is?
Moomoo IPO Hub
OP
Elton Chan
:
Hello mooer, financing interest will commence from the balloting date. You can contact customer service to get more information.
104088143 : How to do
Elton Chan : When the interest will be calculated if I use margin to apply IPO?
sunwu79 : Not selected.
103274681 : Keep up the good work
Moomoo IPO Hub OP 104088143 : Hello mooer, you can click on the image at the end of the article to start your subscription.
Moomoo IPO Hub OP Elton Chan : Hello mooer, financing interest will commence from the balloting date. You can contact customer service to get more information.
104088143 : nice to
103557008 : Thanks to the unfair lot allocation policies towards non-bumi
103753849 : Hahaha try get mega fortis u cry
103356238jenny tan : k
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