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SKYWLD

MAIN Shariah MITI

Listed 10 Jul 2023 · Property · Kuala Lumpur · Adviser: Kenanga Investment Bank Berhad

Key figures

IPO price
RM 0.80
Day 1 open
RM 0.80
Day 1 close
RM 0.74
Current price
RM 0.485
Day 1 open %
+0.0%
Day 1 close %
-7.5%
Since listing
-39.4%
Oversubscription
0.19x
Market cap
RM 800.0 M
Offer size
400 M
Enlarged shares
1000 M
Float
40%

Offer structure

TrancheShares% of offer
Malaysian public (balloting)50 M12.5%
Bumiputera / MITI150 M37.5%
Private placement175 M43.8%
New shares issued208 M52.0%
Offer for sale192 M48.0%

Board context — MAIN

Across 56 MAIN IPOs in the database: median day-1 close +3.2% (P25 -2.2%, P75 +27.4%), median since-listing -3.3%. 60.7% closed day 1 above their IPO price.

This IPO's day-1 close of -7.5% sits at P14 of its board · This IPO's since-listing of -39.4% sits at P29 of its board

Peers — MAIN

SymbolListedIPO priceDay 1 closeSince listingMarket cap
CEB [NS] 10 Mar 2023 RM 0.90 +66.7% -70.6% RM 830.7 M
EMPIRE 17 Apr 2026 RM 0.70 +48.6% +45.7% RM 770.0 M
KEYFIELD 22 Apr 2024 RM 0.90 +114.4% +88.9% RM 720.0 M
CPETECH 07 Dec 2023 RM 1.07 -14.5% -50.5% RM 718.3 M
SWIFT 21 Dec 2021 RM 1.03 -6.8% -65.0% RM 916.5 M
ORKIM 09 Dec 2025 RM 0.92 +1.1% +22.8% RM 920.0 M
WELLCHIP [NS] 23 Jul 2024 RM 1.15 +49.6% +34.8% RM 690.0 M
FEYTECH 21 May 2024 RM 0.80 +37.5% -61.9% RM 674.6 M

Audit

No audit published for this IPO.