KGW GROUP BERHAD

KLSE (MYR): KGW (0282)

You're accessing 15 mins delay data. Turn on live stream now to enjoy real-time data!

Last Price

0.18

Today's Change

0.00 (0.00%)

Day's Change

0.18 - 0.18

Trading Volume

15,100

IPO Info
Offer Period

Opening

2023-06-30

Closing

2023-07-18

Time Table

Allotment Date

2023-07-28

Listing Date

2023-08-01

Price

Issue Price

-

Units

482,798,567

Share Capital

28,823,088.000

No of Shares

Public Issue

-

Offer for Sale

-

Private Placement

-

Issuing House

-

ISIN Code

MYQ0282OO002

Prospectus:

INITIAL PUBLIC OFFERING ("IPO") IN CONJUNCTION WITH THE LISTING OF KGW GROUP BERHAD ("KGW" OR "COMPANY") ON THE ACE MARKET OF BURSA MALAYSIA SECURITIES BERHAD ("BURSA SECURITIES") COMPRISING: (I) PUBLIC ISSUE OF 79,661,800 NEW ORDINARY SHARES IN KGW ("ISSUE SHARES") IN THE FOLLOWING MANNER: - 24,140,000 ISSUE SHARES FOR APPLICATION BY THE MALAYSIAN PUBLIC; - 9,656,000 ISSUE SHARES FOR APPLICATION BY OUR ELIGIBLE DIRECTORS, EMPLOYEES AND PERSONS WHO HAVE CONTRIBUTED TO THE SUCCESS OF KGW AND OUR SUBSIDIARIES; - 7,241,800 ISSUE SHARES BY WAY OF PRIVATE PLACEMENT TO SELECTED INVESTORS; AND 38,624,000 ISSUE SHARES BY WAY OF PRIVATE PLACEMENT TO BUMIPUTERA INVESTORS APPROVED BY THE MINISTRY OF INVESTMENT, TRADE AND INDUSTRY ("MITI"); (II) OFFER FOR SALE OF 43,452,000 EXISTING SHARES ("OFFER SHARES") IN THE FOLLOWING MANNER: - 21,726,000 OFFER SHARES BY WAY OF PRIVATE PLACEMENT TO SELECTED INVESTORS; AND 21,726,000 OFFER SHARES BY WAY OF PRIVATE PLACEMENT TO BUMIPUTERA INVESTORS APPROVED BY THE MITI AT AN ISSUE/ OFFER PRICE OF RM0.21 PER ISSUE SHARE/ OFFER SHARE PAYABLE IN FULL UPON APPLICATION

KGW - Detailed Procedures for E-IPO Share Application and Acceptance.pdf

KGW Group Berhad_IPO Prospectus (Part 1).pdf

KGW Group Berhad_IPO Prospectus (Part 2).pdf

KGW Group Berhad_IPO Prospectus (Part 3).pdf

Discussions
Be the first to like this. Showing 50 of 537 comments

HosayLiu

It will gain momentum and surge to 30 cents again in due course. Believe in KGW

2 months ago

SuperTrump69

Kgw at 20c is cheap, so much growth & upside

2 months ago

Augustine

Keep accumulating then as KGW will continue to deliver exceptional quarter results

2 months ago

jomvalueinvest2

This company certainly has enough capital to spend on cloud computing, Internet of Things (IoT), artificial intelligence (AI), or advanced data analytics 🤓

https://etedge-insights.com/technology/cloud/rising-tide-of-cloud-computing-in-modernizing-the-logistics-landscape/

2 months ago

BuildBackBossku

Of course, Kgw is a net cash company, holding about RM24 million in cash during the quarter

2 months ago

tomxi88

A report noted that the Malaysian logistics industry is projected to reach RM66.25 billion in 2023 and grow to RM87.57 billion in 2027, expanding at a CAGR of 7.1% for the forecast period. In particular, the warehouse and storage market in Malaysia is forecast to reach RM2.58 billion in 2023 and expand at a CAGR of 8.2% to RM3.59 billion in 2027.

2 months ago

tomxi88

KGW trading at 20 sen means still got much room to grow with projected logistics/warehouse and storage market growth

2 months ago

kahfui1221

Wow, Malaysia and the US are collaborating in the logistics sector

https://www.dvidshub.net/news/481115/logistics-exchange-brings-together-us-and-malaysian-experts

2 months ago

ChandranG

KGW's technology and logistics management will be upgraded if got collaboration between M'sia & US 😁

2 months ago

depressedtrader

Sign of breakout today but too bad back to 0.20

2 months ago

HosayLiu

This company's logistics services will certainly continue to grow

2 months ago

tarkus2048

Of course lor, red sea crisis also haven't resolve.. KGW can chase higher price

2 months ago

chicken77

99speedmart call warrant rise from 0.02 to 0.035 and you all still stuck here for the so called good financial? Omg

1 month ago

xSna13

aiyo why so sour, continue blow water at 99mart la here different sector how to compare o

1 month ago

ChandranG

Let him be happy first because we all know structural warrants are very risky. We'll smell burning chicken later. ha

1 month ago

chicken77

The call warrant 5326cb from 0.02 to 0.05 now, how to get burned?

Not to offend, who knows kgw will still stick at 0.2 after the next 2 quarters even the qr is good.

Deep inside you know the answer yourself, you just don't want to admit it. That's all from me, bye all ^^

1 month ago

SuperTrump69

Good luck to you chicken, will stay here longer for mid-long term. Logistic game is still on as long red sea issue & high reight rate remains

1 month ago

BuildBackBossku

https://theedgemalaysia.com/node/727639

Indeed, the Red Sea crisis is not over yet and has also affected the Penang Port's container

1 month ago

CATSKU

Just buy on weakness now, KGW building up support 0.20

1 month ago

kahfui1221

The rapid growth of e-commerce, especially in Southeast Asia, presents a major opportunity for KGW. As online shopping continues to surge, the need for reliable and efficient logistics providers increases 🔝

https://www.business-standard.com/industry/news/ecommerce-festive-sales-to-reach-12-billion-quick-commerce-gains-ground-124091900417_1.html

1 month ago

tomxi88

Kgw market cap are lower than its peer, buy around 0.19-0.20 is a big bargain

1 month ago

Augustine

Indeed, below 20 cents is lelong price. Grab it if you can before rally comes again

1 month ago

HosayLiu

Eyeing an upside movement as the counter will climbed above 20 sen

1 month ago

depressedtrader

as long KGW supporting at 0.20 then all good 👍

1 month ago

ChandranG

I believe another rally will happen before KGW announces its Q3 results

1 month ago

chicken77

Urban myth has it that if you put a frog in a pot of boiling water it will instantly leap out. But if you put it in a pot filled with pleasantly tepid water and gradually heat it, the frog will remain in the water until it boils to death. Good luck =(

1 month ago

kahfui1221

It depends on whether you are a frog or that tepid water which will become hot eventually 😁

1 month ago

tarkus2048

why so sour? everyone got their own way to invest mah, 19 cents is a good deal before next logistic wave

1 month ago

chicken77

Just sharing my view. Current price of 0.185 is the proof of today. Happy now?

1 month ago

jomvalueinvest2

Not too concerned about stock price fluctuations. Just wait for it to reach your target price

1 month ago

tarkus2048

market is red mah & even a broken clock is correct twice a day

1 month ago

tomxi88

Close 19 sen wor, tmr can climb back 0.20 then all good

1 month ago

BuildBackBossku

The global secure logistics market size is estimated to grow by USD 32.74 billion from 2024-2028 ! Logistic industry has a bright future

https://themalaysianreserve.com/2024/10/04/secure-logistics-market-to-grow-by-usd-32-74-billion-2024-2028-driven-by-ai-and-increasing-demand-for-secure-global-cash-circulation/

1 month ago

cu29ok

At price 0.24, Guru told me going to be 0.30. Ready to party! At price 0.20, Guru told me strong and good support. Don't worry! At price 0.185, Guru told me low price & can continue buy in. Good prospect! These Gurussss really talented! Whatever price, they also have whatever story to tell!

1 month ago

Augustine

Guru can't predict the futures. Anyway, when you invest with free cash, you won’t be too concerned about price fluctuations and will patiently wait for it to reach your set target price

1 month ago

xSna13

18 sen cheap buy, don't miss the boat

1 month ago

mf

Israel intensifies Lebanon attacks, pounds Gaza on October 7 anniversary

1 month ago

depressedtrader

stock market is all about opportunities... as long red sea crisis haven't resolve, just keep on buying KGW

1 month ago

SuperTrump69

0.18 is best price right now

1 month ago

ChandranG

Ya, it's a good deal currently

1 month ago

BuildBackBossku

@SuperTrump69. I guess you bought some today, right?

1 month ago

kahfui1221

KGW starts to show signs of rebound 🚀

1 month ago

chicken77

@ChandranG, see? I have told you long time ago. from 0.3 to 0.17 omg

1 month ago

cu29ok

Another Con counter!

2 weeks ago

gorengkitty

nice?

2 weeks ago

panchoni200

Very nice....

1 week ago

Post a Comment