KUALA LUMPUR (April 8): Healthcare service provider Cengild Medical Bhd said the Malaysian public portion of its initial public offering (IPO) has been oversubscribed by 44.53 times.In a statement on Friday (April 8), the ACE Market-bound company said a total of 17,462 applications for 1.86 billion shares were received from the Malaysian public for the 40.94 million new shares made available.
Seems like a solid IPO. Did some analysis of my own. Comparing this to recent star IPO Optimax. Cneigld has a higher profit margin PAT for 2021 was 18% compared to Optimax 9.6% in 2020.
KUALA LUMPUR (March 30): Cengild Medical Bhd is set to be listed on Bursa Malaysia's ACE Market on April 18 under an initial public offering (IPO) of 218.8 million new shares in the company at 33 sen each to raise RM72.2 million.According to Cengild’s Bursa filing and prospectus released on Wednesday (March 30), it will have a market capitalisation of RM270.2 million upon listing based on an.
KUALA LUMPUR: Cengild Medical Bhd made its debut on the ACE Market of Bursa Malaysia today at 49.5 sen a share, a 50% premium to its issue price of 33 sen. Cengild has travelled through a.
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