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Before you buy an IPO, understand how the IPO is distributed first. This IPO is distributed through a draw. For each draw, the amount of share distribution has been determined as per the table ( an example) below.
Referring to the table above, investors who want to buy shares from 100 to 900 units will be distributed as many as 100 units of shares. According to this guide, it is sufficient if you buy only 10...

On October 18, $AZAMJAYA (5329.MY)$ Azam Jaya Berhad is set to launch an initial public offering (IPO) on the Main Market, with the subscription period running from October 18 to October 24. According to the official prospectus, the IPO is priced at RM0.78 per share. and the listing is scheduled for November 11.
This IPO offers a total of 128,800,000 shares, comprising both new and existing shares. The breakdown of the 78,800,000 ne...

Timetable of IPO
Figure 1: IPO timetable of $99SMART (5326.MY)$
-Will be listed on the MAIN Board
Full Video for 99 Speed Mart on Youtube  (Chinese version) - - YouTube
Info of IPO
Enlarged no. of shares upon listing: 8400 million
IPO price: RM1.65
Market capitalization: RM13.86 billion
Estimated funds to raise from Public Issue:  RM660 million
PE ratio = 34.63x (based on FY2023)
Business Model
Figure 2: Business model of 99 SPEED MART
Source: 9...

$USD/MYR (USDMYR.FX)$
The rising trend of the ringgit is unstoppable, with another surge of over 1.7% today, breaking through the 4.50 level. The entire week saw a rise of 3.6%!
As of 5 p.m., the exchange rate of the ringgit was 4.4908 to the US dollar, with a daily increase of 1.72%. This is another important level that the ringgit has surpassed within 3 days after breaking through the 4.60 level on Wednesday, July 31.
Looking at the entire week, the exchange rate of the ringgit has increased by 3.59%, making it the best-performing emerging market currency this week.
The outlook for Malaysia's economic growth is optimistic, coupled with continuous inflow of foreign funds, which has led to a 10-day continuous increase in the ringgit, the longest streak in 14 years.
According to Bloomberg, after three years of decline, the performance of the ringgit this year has been better than other Asian currencies, especially after the government introduced policies to promote foreign investment and reduced subsidies to narrow the budget deficit.
With the support of these policies, the Malaysian stock market has regained the interest of global funds. These funds have bought $0.112 billion (approximately 0.508 billion ringgit) of Malaysian stocks so far this year.
At the same time, Malaysia's economic recovery is also accelerating. The improvement in export conditions has provided support for economic growth. In addition, the statistics bureau's earlier forecast for the second quarter's economic growth rate reached 5.8%, exceeding market expectations.
According to the report by Bernama, Second Finance Minister Datuk Seri Amir Hanza believes that the forecast of Malaysia's economic growth of 4% to 5% this year can be achieved, and it may even reach a higher level. The trend of the ringgit will also enter a...