Three IPOs hit Bursa, what's your pick?

Moomoo MY wrote a column · Jul 1, 2024 10:18

Hi, mooers!
In June, following the listings of JPG and OFS, we are thrilled to see three more stocks hitting the market. Eager to know who they are? Follow moomoo to check them out and discover their investment potential!

Who are these 3 new IPO companies?

1.WELL CHIP GROUP BERHAD

Well Chip Group Berhad is a Malaysian company specializing in pawnbroking services, as well as jewelry retail and trading. The group operates 26 outlets in the state of Johor, Malaysia, with 22 being pawnshops and 4 retail outlets. According to its draft prospectus, the company plans to issue 150 million new shares, representing 25% of the enlarged share capital. Of these, 30 million shares will be allocated for public subscription, 45 million shares are set aside for private placement to institutional and selected investors, and 75 million shares will be made available through private placement to Bumiputera investors approved by the Ministry of Investment, Trade and Industry.

Well Chip Group Berhad>>

2.EPB GROUP BERHAD

EPB Group Berhad, with over 30 years of industry experience, is primarily engaged in providing solutions for food processing and packaging machinery. Additionally, the group is also involved in the trading of cellulose casings. Recognized as a one-stop comprehensive solution provider for the food industry, EPB Group is set to sell 71.57 million shares in its Initial Public Offering (IPO). EPB Group Berhad>>

3.KUCINGKO BERHAD

Kucingko Berhad is a Malaysian company that specializes in diversified animation production and intellectual property (IP) development, boasting strengths in innovative animation design and a substantial IP portfolio. It is poised to become the first animation production company listed on the Malaysian stock market. The group's executive director stated that this IPO will enable the group to tap into a new talent pool from Sabah and Sarawak, thereby enhancing production capacity. Kucingko is set to publicly issue 100 million shares through its initial public offering (IPO). Kucingko Berhad>>

💡 Why Moomoo MY is Your Go-To Choice for IPO Subscriptions:

No Fees: Enjoy zero subscription fees when you subscribe to Malaysian IPOs during the promotion period.🎉

Easy to Use:

Subscribing to a Malaysian IPO is hassle-free using the moomoo app. Simply follow these steps:

Method 1: Go to the Accounts tab > CDS Account-IPO > More > IPO

Method 2: Go to the Markets tab > MY > IPO > Available > Subscribe , View More>>

Participate in the IPO and Earn Rewards🎁

Earn 100 points by posting your IPO subscription screenshot and writing down your reasons for subscribing.

Get 88 points by sharing your views on the IPO company's future.

The top 5 influential posts with over 30 words will win 300 points each.

⚡ Get in on the IPO now:
Well Chip Group Berhad>>

EPB Group Berhad>>

Kucingko Berhad>>

Join the topic now and earn rewards>>

Event Time:

Malaysian Time: 1 July 2024, 12:00 PM – 31 July 2024, 5:00 PM

*NOTE：
1. The influential posts will be selected based on post quality, originality, creativity, and influence.
2. Posts that are not original or relevant shall be excluded.
3. All rewards are mutually exclusive.
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