5ER 5E Resources Holdings Berhad
Key figures
- IPO price
- RM 0.26
- Day 1 open
- RM 0.285
- Day 1 close
- RM 0.27
- Current price
- RM 0.25
- Day 1 open %
- +9.6%
- Day 1 close %
- +3.9%
- Since listing
- -3.9%
- Oversubscription
- 7.04x
- Market cap
- RM 400.4 M
- Offer size
- 458.5 M
- Enlarged shares
- 1540 M
- Float
- 29.77%
Four recorded prices. Spacing between points is not a time scale; the dashed line is the IPO price.
Offer structure
| Tranche | Shares | % of offer |
|---|---|---|
| Malaysian public (balloting) | 77 M | 16.8% |
| Bumiputera / MITI | 192.5 M | 42.0% |
| Private placement | 154 M | 33.6% |
| New shares issued | 304.5 M | 66.4% |
| Offer for sale | 154 M | 33.6% |
Business profile (from the prospectus)
Prospectus excerpt shown in the document's original language.
Our principal business activity is the provision of scheduled waste management services complemented by the supply of recovered and recycled products. We also trade chemicals and other products.
Source: company prospectus, PDF page 141.
Use of proceeds (from the prospectus)
| Item | RM'000 | % |
|---|---|---|
| Working capital | 14,770 | 18.7% |
| Estimated listing expenses | 6,400 | 8.1% |
Source: company prospectus, PDF page 60.
Financials (from the prospectus)
| FY | Revenue (RM'000) | PATAMI (RM'000) | Margin | EPS (sen) |
|---|---|---|---|---|
| FPE2024 | 68,108 | 19,095 | 28.04% | 1.24 |
| FPE2025 | 67,754 | 20,214 | 29.83% | 1.31 |
| FY2022 | 64,969 | 15,414 | 23.73% | 1.00 |
| FY2023 | 79,961 | 23,785 | 29.75% | 1.54 |
| FY2024 | 80,149 | 21,780 | 27.17% | 1.41 |
Latest-FY revenue growth: +0.24%. PE at the IPO price: 18.44. Source: company prospectus (verified excerpts), PDF page 47.
Board context: ACE
Across 217 ACE IPOs in the database: median day-1 close +13.5% (P25 +0.0%, P75 +45.7%), median since-listing -8.0%. 71.0% closed day 1 above their IPO price.
This IPO's day-1 close of +3.9% sits at P37 of its board · This IPO's since-listing of -3.9% sits at P54 of its board
Board peers: ACE
| Symbol | Listed | IPO price | Day 1 close | Since listing | Market cap |
|---|---|---|---|---|---|
| OPPSTAR | 15 Mar 2023 | RM 0.63 | +285.7% | -42.1% | RM 400.8 M |
| MTEC | 29 Jan 2024 | RM 0.39 | -7.7% | +169.2% | RM 397.8 M |
| SNS | 02 Sep 2022 | RM 0.25 | +6.0% | +102.0% | RM 403.2 M |
| TELADAN | 16 Mar 2021 | RM 0.48 | +18.8% | +85.7% | RM 386.5 M |
| BFIELD | 15 Sep 2026 | RM 0.48 | -4.2% | -11.5% | RM 384.0 M |
| NE | 15 Oct 2024 | RM 0.50 | +1.0% | +50.0% | RM 370.0 M |
| GDGROUP | 16 Apr 2026 | RM 0.45 | -11.1% | -15.6% | RM 450.0 M |
| GTA | 08 Sep 2026 | RM 0.35 | -4.3% | -28.6% | RM 452.0 M |
Audit
No audit published for this IPO.