Opening of application 12 Jan 2024 Closing of application 18 Jan 2024 Balloting of application 22 Jan 2024 Allotment of IPO shares to successful applicants 29 Jan 2024 Tentative listing date 30 Jan 2024
HE Group is involved in designing, supplying, installing, testing, and commissioning power distribution systems, catering mainly for industries such as semiconductor, medical device, and electronic product industries. Indeed, it will benefited by the high growth of semiconductor and medical industry, and most importantly, data centres too.
HE Group’s net profit grew at a 2-year EPS CAGR of 90.6% over FY20-22. Excluding fair value gain on other investment of MYR1.5m in FY20, its core net profit grew at a 2-year EPS CAGR of 5.2x between FY20-22. This is attributable to new contracts secured from the power distribution system and electrical equipment hook-up and retrofitting segments. Very healthy earning track record
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
mf
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Posted by mf > 2024-01-12 14:29 | Report Abuse
Timetable for IPO
HE GROUP BERHAD
Opening of application 12 Jan 2024
Closing of application 18 Jan 2024
Balloting of application 22 Jan 2024
Allotment of IPO shares to successful applicants 29 Jan 2024
Tentative listing date 30 Jan 2024