AZAM JAYA BERHAD

KLSE: AZAMJAYA (5329)

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

Last Price

Today's Change

Day's Change


Trading Volume


IPO Info
Offer Period

Opening

2024-10-18

Closing

2024-10-24

Time Table

Allotment Date

2024-11-06

Listing Date

2024-11-11

Price

Issue Price

-

Units

500,000,000

Share Capital

131,555,865.000

No of Shares

Public Issue

-

Offer for Sale

-

Private Placement

-

Issuing House

-

ISIN Code

MYL5329OO007

Prospectus:

INITIAL PUBLIC OFFERING ("IPO") OF 128,800,000 ORDINARY SHARES IN AZAM JAYA BERHAD ("AZAM JAYA") ("SHARES") ("IPO SHARES") IN CONJUNCTION WITH THE LISTING OF AZAM JAYA ON THE MAIN MARKET OF BURSA MALAYSIA SECURITIES BERHAD COMPRISING: (A) PUBLIC ISSUE OF 78,800,000 NEW SHARES ("ISSUE SHARES") COMPRISING: (I) 25,000,000 ISSUE SHARES AVAILABLE FOR APPLICATION BY THE MALAYSIAN PUBLIC; (II) 10,000,000 ISSUE SHARES AVAILABLE FOR APPLICATION BY THE ELIGIBLE DIRECTORS AND EMPLOYEES OF AZAM JAYA AND ITS SUBSIDIARIES ("GROUP") AS WELL AS OTHER PERSONS WHO HAVE CONTRIBUTED TO THE SUCCESS OF THE GROUP; AND (III) 43,800,000 ISSUE SHARES BY WAY OF PRIVATE PLACEMENT TO INSTITUTIONAL AND SELECTED INVESTORS; AND (B) OFFER FOR SALE OF 50,000,000 EXISTING SHARES BY WAY OF PRIVATE PLACEMENT TO INSTITUTIONAL AND SELECTED INVESTORS, SUBJECT TO THE CLAWBACK AND REALLOCATION PROVISIONS AS SET OUT IN THE PROSPECTUS, AT AN IPO PRICE OF RM0.78 PER IPO SHARE PAYABLE IN FULL ON APPLICATION

Azam Jaya - ENG IPO (Bursa) Part 1.pdf

Azam Jaya - ENG IPO (Bursa) Part 2.pdf

Azam Jaya - Detailed Procedures for Application.pdf

Discussions
Be the first to like this. Showing 16 of 16 comments

DreamKaiser

Aah ha. Another interesting🤔 looking one for the Kaiser to flag off. Great stuff, man.

2 weeks ago

DreamKaiser

Main market-bound Azam Jaya to raise RM61.5m from IPO
Myia S Nair/theedgemalaysia.com
18 Oct 2024, 01:00 pm

https://theedgemalaysia.com/node/730683

2 weeks ago

DreamKaiser

Get your ammo ready, guys.

2 weeks ago

BE_GREEEEEDY

the name " AZAM " bring ONG / Luck $$$$$💪

2 weeks ago

EatCoconutCanWin

KTI lanmark duplication. i ignore sabahan stock.

2 weeks ago

BE_GREEEEEDY

We assign a fair value of RM1.47 per share, representing an upside of 88.5% against to the IPO price of RM0.78. This valuation is based on a P/E ratio of 18x, applied to the FY25f EPS of 8.14 sen. Although the ascribed P/E is below the Construction & Engineering sector's peer average forward P/E of 19.2x and average historical P/E of 24.0x, we believe it is justified given AZAMJAYA's smaller market capitalisation of RM390.0m.

RM 1.47 by Malacca Securities---- Huat Chaiii💪👍

2 weeks ago

DreamKaiser

TA Securities ascribes RM1.54 fair value to Main Market-bound construction firm Azam Jaya
Yu Jien Lim/theedgemalaysia.com
23 Oct 2024, 02:51 pm

https://theedgemalaysia.com/node/731243

2 weeks ago

DreamKaiser

Now then, y'all friends and comrades in wealth building. How about we do a bit of history, linguistics and etymology.

"Azam" is a word of Arabic origin meaning "greatest". While "jaya" is a word of ultimately Sanskrit origin meaning "victorious". But both words have been borrowed into Malay and have by now become more or less entrenched in Malay.

So, "Azam Jaya" in Malay would then essentially mean "Greatly Victorious", or "Greatest Victory", or something similar along that line.

So, yep, of course it is a gloriously auspicious name. But nevertheless, it is your money, therefore it is your call. Good luck, folks.

2 weeks ago

DreamKaiser

Bright prospects ahead for Azam Jaya as IPO nears
Corporate News
Thursday, 24 Oct 2024

https://www.thestar.com.my/business/business-news/2024/10/24/bright-prospects-ahead-for-azam-jaya-as-ipo-nears

2 weeks ago

chankahmun77

strange that there is no news on whether the shares over-subscribed or under-subscribed.

1 week ago

DreamKaiser

Main Market-bound Azam Jaya IPO oversubscribed by 23 times
Monday, 28 Oct 20247:35 PM MYT

https://www.thestar.com.my/business/business-news/2024/10/28/main-market-bound-azam-jaya-ipo-oversubscribed-by-23-times

1 week ago

Eurus1973

Very limited number allocation, fair value high, seems good

1 week ago

BE_GREEEEEDY

Fantastic FV from both TA & M +
almost 100 % above the IPO offer price
💪

6 days ago

GotNot

wish good luck to those who got the IPO.
I myself got scared based on last IPO. So, decided to watch from the sideline and waiting for any panic selling 😆

3 days ago

MoonChaser

BE_GREEDY their valuations are crazy high, bold calls xD

3 days ago

LittleKnife

Alakazam ! sigh..... kena 500 sure buy more.... who sell with such small lots. they have effectively created more demand on day 1

1 hour ago

Post a Comment