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In June, there will be two initial public offerings (IPOs).

21/06/2022

There will be two IPO available in June.

In June, there wil be two initial public offerings (IPOs) to apply for.

Since the company was private prior to the IPO, early investors were the only ones who bought and sold shares. However, because ownership of the shares is opened to the general market following the IPO, the IPO also becomes a fundraising, an offering, or a listing.

If you want to buy an IPO, you can do so through various online banking platforms such as Maybank2u, RHBNow, and others. If more investors buy into the IPO than there are shares available, the company will distribute the IPO shares through a lottery.

Notice! Users with Direct Accounts can purchase IPOs; those with Nominee Accounts cannot. Users can only purchase IPOs in their own names, and applications to purchase IPOs in the names of others will be rejected.

In June 2022, two IPO applications are open: ORGABIO HOLDINGS BERHAD and SENG FONG HOLDINGS BERHAD.

ORGABIO HOLDINGS BERHAD, an instant beverage manufacturer, is holding an initial public offering (IPO) from June 15 to June 21. The unit cost RM0.31 and will be available on July 5. SENG FONG HOLDINGS BERHAD is a rubber processing company. It will hold its initial public offering (IPO) from June 14th to June 24th for RM0.75 per unit. On July 7th, it will be listed.

*This is strictly for sharing; no buying or selling advice.

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