Revenue Group Ipo Price
Revenue group bhd description.
Revenue group ipo price. I public issue of 55 712 000 new ordinary shares in rgb shares in the following manner. This process is sometimes. The company offers emv smart card technology terminal management system loyalty system consumer behavioural management system web based payment system and payment transaction management system. A public issue of 55 71m new ordinary shares public 11 14m shares eligible directors employees and others 11 14m shares private placement to selected investors 33 43m shares b 16 71m of offer for sales.
Malaysia s revenue group files ipo draft prospectus revenue group a malaysian cashless payment solutions provider is seeking to sell 72 43 million shares under an initial public offering for a listing on the ace market. Datto is not growing very quickly just 16 from h1 2019 to h1 2020 for. Initial public offering in conjunction with the listing of revenue group berhad rgb on the ace market of bursa malaysia securities berhad comprising. An initial public offering ipo is the process by which a privately owned enterprise is transformed into a public company whose shares are traded on a stock exchange.
The median firm founded 0 5 years before ipo reported sales growth of nearly 50 five quarters after the offering compared with 30 revenue growth for firms aged 5 to 15 years and 19 for firms. See more revenue group berhad 1248321 d. 11 142 400 new shares available for application by the malaysian public. I public issue of 55 712 000 new ordinary shares in rgb shares in the following manner.
That gives the company a revenue multiple of less than 10x at its current ipo price maximum. Initial public offering in conjunction with the listing of revenue group berhad rgb on the ace market of bursa malaysia securities berhad comprising. Ipo fact sheet revenue group berhad issue statistics offer size. And that price makes sense.
Revenue group bhd en route to list on the ace market of bursa malaysia on july 18 saw the public portion of its initial public offering ipo oversubscribed by 11 22 times. In a statement today the cashless payment solutions provider said 3 699 applications for 136 21 million new shares valued at rm50 4 million were received for 11 14 million new shares that were.