Well Chip's Shares Skyrocket by 46.96% to RM1.69 on First Day of Trading
Well Chip's Shares Skyrocket by 46.96% to RM1.69 on First Day of Trading
On July 23, 2024, $WELLCHIP (5325.MY)$ made an impressive market debut with its shares skyrocketing by 46.96% from an issue price of RM1.15 to RM1.69 on its first day of trading.
2024年7月23日，$WELLCHIP (5325.MY)$在首日上市交易中，它的股票从1.15马来西亚令吉涨至1.69，上涨了46.96%。
A total of 13,057 applications for 416,121,500 IPO Shares were received from the Malaysian public for the 30,000,000 IPO Shares made available for application by the Malaysian public, representing an overall oversubscription rate of 12.87 times.
总共有13,057项共计416,121,500股的IPO股份申请来自马来西亚公众，而仅开放给马来西亚公众申请的30,000,000股IPO股份则表现出12.87倍的超募。
According to the prospectus, the group intends to allocate the gross proceeds from its Public Issue amounting to RM 172.50 million for the following purposes: cash capital for the existing 23 pawnshops, expansion of pawnshops, and for listing expenses.
根据招股书，该集团计划将公开发售的募集款项17520万马币，用于以下用途：现有23家典当店的现金资本、典当店的扩张以及上市费用。
Well Chip is an investment holding company and through its subsidiaries (collectively, the "Group"), the Group is principally involved in the provision of pawnbroking services and, retail and trading of jewellery and gold. According to a report by Protégé Associates, the company has captured a 6.6% market share of the pawnbroking industry in Malaysia in 2023. Moving forward, the industry is expected to expand at a CAGR of 11.4% from RM3.55 billion in 2024 to RM5.29 billion in 2028.
Well Chip是一家投资控股公司，通过其子公司（统称为“集团”），集团主要从事典当服务、珠宝首饰零售与交易。根据Protégé Associates的报告，该公司在2023年占据了马来西亚典当业的6.6%的市场份额。展望未来，该行业预计从2024年的RM35.5亿扩展到2028年的RM52.9亿，以年复合增长率（CAGR）的11.4%扩展。
Source: Announcement
来源：公告
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