Kucingko's Shares Skyrocketed by 111.67%, Reaching RM0.635 on the First Day of Trading
Kucingko's Shares Skyrocketed by 111.67%, Reaching RM0.635 on the First Day of Trading
The proceeds from the IPO are earmarked for strategic expansion, including setting up new branch offices in Sabah and Sarawak, refurbishing existing facilities in Selangor, establishing a USA sales office, and bolstering working capital for operational expenses. Additionally, the funds will cover listing expenses, ensuring a smooth transition to public trading.On July 26, 2024, $KUCINGKO (0315.MY)$ made an impressive market debut with its shares skyrocketing by 111.67% from an issue price of RM0.3 to RM0.635 on its first day of trading.
在2024年7月26日，$KUCINGKO (0315.MY)$在上市首日，該公司股價從發行價0.3馬幣上漲111.67%，最終收於0.635馬幣，表現驚人。
The company announced the financial results for the first quarter of the fiscal year 2024, which ended in March, on Tuesday this week. The revenue was RM7.06 million, and the profit was RM1.765 million.
本週二，公司公佈了2024財年第一季度截至三月份的財務業績，營業收入爲RM706萬，利潤爲RM176.5萬。
A total of 21,929 applications for 2,500,507,000 Issue Shares with a value of RM750.2 million were received from the Malaysian Public for 25,000,000 Issue Shares made available for application by the Malaysian Public, which represents an overall oversubscription rate of 99.02 times.
共收到21,929份申請，申請價值RM75020萬的2,500,507,000股發售股份，其中25,000,000股發售股份向馬來西亞公衆投資者開放申請，總的超額認購率爲99.02倍。
The proceeds from the IPO are earmarked for strategic expansion, including setting up new branch offices in Sabah and Sarawak, refurbishing existing facilities in Selangor, establishing a USA sales office, and bolstering working capital for operational expenses. Additionally, the funds will cover listing expenses, ensuring a smooth transition to public trading.
首次公開發行所籌集的資金將用於戰略擴張，包括在沙巴和砂拉越設立新的分支機構，翻新雪蘭莪現有設施，設立美國銷售辦事處，加強營運支出的工作資本。此外，這些資金將支付上市費用，確保平穩過渡到公開交易。
Kucingko, through its subsidiary Inspidea Pte Ltd, is a specialist in 2D animation production, providing high-quality services for animated series and short films. With a focus on international markets, including North America, Europe, and the Asia-Pacific, Kucingko boasts an impressive clientele that includes industry giants such as $Warner Bros Discovery (WBD.US)$, $Netflix (NFLX.US)$, Cartoon Network, and Nickelodeon. The 2D animation industry is digital and globally competitive, with Malaysia facing competition from countries like the Philippines, India, South Korea, and China.
Kucingko是一家2D動畫製作專家，其子公司Inspidea Pte Ltd爲動畫系列和短片提供高質量服務。其重點是國際市場，包括北美、歐洲和亞太地區，是行業巨頭的重要客戶，如 $Warner Bros Discovery (WBD.US)$, $奈飛 (NFLX.US)$、卡通頻道和尼克勞德等。2D動畫行業是一個數字化的全球競爭市場，馬來西亞面臨着來自菲律賓、印度、韓國和中國等國家的競爭。
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