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，该公司股价从发行价0.3马币上涨111.67%，最终收于0.635马币，表现惊人。
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.
本周二，公司公布了2024财年第一季度截至三月份的财务业绩，营业收入为RM706万，利润为RM176.5万。
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份申请，申请价值RM75020万的2,500,507,000股发售股份，其中25,000,000股发售股份向马来西亚公众投资者开放申请，总的超额认购率为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.
首次公开发行所筹集的资金将用于战略扩张，包括在沙巴和砂拉越设立新的分支机构，翻新雪兰莪现有设施，设立美国销售办事处，加强营运支出的工作资本。此外，这些资金将支付上市费用，确保平稳过渡到公开交易。
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动画制作专家，其子公司Inspidea Pte Ltd为动画系列和短片提供高质量服务。其重点是国际市场，包括北美、欧洲和亚太地区，是行业巨头的重要客户，如 $Warner Bros Discovery (WBD.US)$, $奈飞 (NFLX.US)$、卡通频道和尼克劳德等。2D动画行业是一个数字化的全球竞争市场，马来西亚面临着来自菲律宾、印度、韩国和中国等国家的竞争。
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