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，它的股票從1.15馬來西亞令吉漲至1.69，上漲了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.
總共有13,057項共計416,121,500股的IPO股份申請來自馬來西亞公衆，而僅開放給馬來西亞公衆申請的30,000,000股IPO股份則表現出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.
根據招股書，該集團計劃將公開發售的募集款項17520萬馬幣，用於以下用途：現有23家典當店的現金資本、典當店的擴張以及上市費用。
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是一家投資控股公司，通過其子公司（統稱爲“集團”），集團主要從事典當服務、珠寶首飾零售與交易。根據Protégé Associates的報告，該公司在2023年佔據了馬來西亞典當業的6.6%的市場份額。展望未來，該行業預計從2024年的RM35.5億擴展到2028年的RM52.9億，以年複合增長率（CAGR）的11.4%擴展。
Source: Announcement
來源：公告
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