Sik Cheong Debuts On Bursa At A Premium Of 85%
Sik Cheong Debuts On Bursa At A Premium Of 85%
The Malaysian RBD palm olein repackaging industry is expected to grow significantly, with a projected compound annual growth rate (CAGR) of 20.9%, reaching RM12.8 billion by 2026. This growth is driven by consistent consumer demand and an increase in demand from hotel, restaurant, and catering operators.Sik Cheong Berhad ("熾昌有限公司"), a company specializing in the repackaging, marketing, and distribution of RBD palm olein oil, has made a strong debut on the ACE Market of Bursa Malaysia Securities Berhad ("Bursa Securities"). The company, listed under the consumer products and services sector, trades under the stock name SCB with the stock code 0316.
熾昌有限公司是一家專門從事RBD棕櫚油包裝、營銷和分銷的公司，在馬來西亞交易所ACE市場（「馬交所」）上市，其所屬消費品和服務板塊，股票代碼爲0316，股票名稱爲SCb。
At the opening bell, Sik Cheong's share price opened at 50 sen, marking an impressive 85.2% premium over its issue price of 27 sen.
在開盤時，熾昌的股價爲50仙，較其27仙的發行價溢價85.2%。
"We are truly grateful for the market's confidence as Sik Cheong embarks on this new journey as a publicly listed company," said Sik Cheong's Managing Director, Mr. Wong Hing Ngiap (黄興業). "This milestone reflects over three decades of our expertise in the RBD palm olein oil repackaging industry. With the capital raised, we are well-positioned to enter our next phase of expansion."
「我們非常感謝市場對熾昌作爲一家上市公司的信任，」熾昌董事總經理黃興業先生說。「這個里程碑反映了我們在RBD棕櫚油再包裝行業三十多年的專業知識。通過融資，我們有了足夠的資本，使我們有信心進入下一個擴張階段。」
The Malaysian RBD palm olein repackaging industry is expected to grow significantly, with a projected compound annual growth rate (CAGR) of 20.9%, reaching RM12.8 billion by 2026. This growth is driven by consistent consumer demand and an increase in demand from hotel, restaurant, and catering operators.
預計馬來西亞RBD棕櫚油再包裝行業將大幅增長，年複合增長率（CAGR）爲20.9％，到2026年將達到128億馬幣。這種增長是由持續的消費者需求和酒店、餐廳和餐飲經營者需求的增加推動的。
Recognizing the market potential, Sik Cheong plans to expand its product range to include high oleic soybean oil, offering a cost-effective option suitable for various cooking methods. This strategic expansion will be supported by the construction of a new packaging facility by rebuilding Factory No. 9, situated next to the existing Factory No. 11. The expansion will increase Sik Cheong's operational space by 88.1%, addressing the space limitations at Factory No. 11 and enabling the repackaging of both high oleic soybean oil and RBD palm olein oil products.
認識到市場潛力，熾昌計劃擴展其產品範圍，包括高油酸大豆油，爲不同的烹飪方法提供一種經濟實惠的選擇。這種戰略性擴張將得到新工廠的支持，新工廠將重建現有第11工廠旁邊的第9工廠，這將增加熾昌的運營空間88.1％，解決第11工廠的空間限制，並使高油酸大豆油和RBD棕櫚油產品都可以重新包裝。
Additionally, Sik Cheong aims to expand its geographical reach to states such as Perak, Negeri Sembilan, Melaka, and Pahang, leveraging their proximity to Kuala Lumpur and Selangor, where Factory No. 11 is located. To ensure timely and reliable deliveries, the company will also increase its fleet of delivery trucks.
此外，熾昌還旨在將其地理覆蓋範圍擴展到霹靂、森美蘭、馬六甲和彭亨等州，利用其靠近吉隆坡和雪蘭莪的優勢，工廠11位於此地。爲確保及時和可靠的交付，該公司還將增加其交付卡車的車隊。
From its IPO, Sik Cheong raised RM17.8 million, allocating RM7.2 million (40.3%) for the expansion of its packaging facility, RM0.9 million (5.0%) for new delivery trucks, RM6.0 million (33.4%) for working capital, and RM3.8 million (21.3%) to cover listing expenses.
從招股書來看，熾昌籌集了1780萬馬幣，其中分配了720萬馬幣（40.3％）用於擴建其包裝設施，90萬馬幣（5.0％）用於採購新交付卡車，600萬馬幣（33.4％）用於營運資金，380萬馬幣（21.3％）用於覆蓋上市費用。
TA Securities Holdings Berhad served as the Principal Adviser, Sponsor, sole Underwriter, and Placement Agent for the IPO exercise.
TA長益證券控股有限公司擔任這次招股的主要顧問、保薦人、唯一承銷商和配售代理。
