Moomoo IPO Hub wrote a post · Aug 21 18:19

Two IPOs set to debut: Guess the market winner to win rewards!

Hi, mooers!

This week, $ELRIDGE (0318.MY)$ and $EPB (0317.MY)$ are set to debut on the ACE Market of Bursa Malaysia Securities Berhad on 22 August and 23 August. How will the market react to the IPO results? Make your guess now!

Key information

$ELRIDGE (0318.BMS)$ is engaged in the manufacturing and trading of biomass fuel products with a strong presence in the Asia Pacific region. The company plans to issue a total of 350 million new ordinary shares. The company said that the public portion of its IPO was oversubscribed by 28.78 times.

$EPB (0317.MY)$ is primarily engaged in providing solutions for food processing and packaging machinery. Additionally, the group is also involved in the trading of cellulose casings. The public issue of 19,570,000 new ordinary shares for the Malaysian public was oversubscribed by 61.08 times.

🎁 Rewards:

● An equal share of 3,000 points: Predict the IPO with the higher first-day percentage gain. Mooers who guess correctly will share 3,000 points together!

● Exclusive 88 points: For the writer of the top 10 comments on analyzing either IPO's prospects.

Note:
1. Rewards will be distributed within 5-7 working days after the result's announcement.
2. Rewards can be used to exchange gifts at the Rewards Club (moomoo app>> Me>> Redeem Points).
3. The selection is based on post quality, originality, and user engagement.

Investments involve risk. Full disclaimers at link. This advertisement has not been reviewed by SC.

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