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UTS MARKETING SOLUTIONS HOLDINGS LIMITED(6113.HK)新股速递

UTS MARKETING SOLUTIONS HOLDINGS LIMITED(6113.HK)新股速递

致富證券 ·  Jun 22, 2017 00:00  · Researches

Main date:

Public release closing date: 12: 00 noon on June 30, 2017 results: July 11, 2017

Listing date: July 12, 2017

The family guarantor:

Shanghai international co., Ltd.

Summary of statistics:

Number of shares sold: 100000000 shares

Share sold in Hong Kong: 10%

Sales: HK $1.20 to HK $1.40

Estimated collection of funds: HK $120 million to HK $140 million

Income per hand: HK $2828.22

A summary of the collection

The collection is the outbound customer service provider in the future. The bazaar provides various outbound customer service for outsourced customers, including telephone service for guaranteed products (such as traditional and Muslim insurance products), promotion of donation plans, processing of positive score card exchange plans, promotion of credit cards, customer data update plans, cross-selling and upward selling of products, etc.

The customers of the collection are mainly banking and insurance companies. The six customer centers are located in the central business district of Kuala Lumpur, Malaysia, and as of June 13, 2017, the bazaar has employed a total of about 1110 trained telephone sales representatives.

Industry summary

According to Frost Sullivan, the total income of outsourced outbound customer services in West Asia has increased from 269 million ringgit in 2010 to 432 million ringgit in 2015, with a compound annual growth rate of 10.0%. This is driven by the booming demand for health care services in the financial and insurance industries and the continuous increase in personal income and household affordability. The annual growth rate of market regulation is about 6.4%, and it will increase to 5.89 ringgit in 2020.

According to Frost Sullivan, the number of seats in the outbound customer service center in West Asia has increased from 4700 seats in 2010 to 8900 seats in 2015 at an annual growth rate of 13.6%. The number of seats is expected to increase to 13300 in 2020.

Cymbals

In the past three years, the five major customers of the bazaar accounted for more than 60% of the total revenue. If any of the customers have little cooperation with the bazaar, or do not want to become a customer of the bazaar again, the service of the bazaar is important or important.

Valuation

According to the IPO document, as of December 31, 2016, based on the calculation of more than 400 shares expected to be issued after the sale of the shares was completed, the hypothetical sales were HK $1.20 and HK $1.40 per share. Shares should account for RM7501 to RM8618 in the unaudited consolidated tangible assets, subject to dividends of RM5000000 paid on March 10, 2017 and April 3, 2017. The net value of tangible assets per share is 0.30 ringgit or 0.35 ringgit (at a net rate of 1.00 ringgit to HK $1.73).

Introduction of shares

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