Two new IPOs arrive Bursa: What’s your pick?
KHPT Holdings Berhad has great prospects, with revenue increasing significantly since 2021. In addition, most of the proceeds from the IPO would be used to purchase press machines and equipment. one overhead crane. Another plus point is that the company has shariah status with a formal dividend policy. However, the potential area of concern is that the top 5 customers contributed more than 90% of the revenue in 2023.
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