Sik Cheong Debuts On Bursa At A Premium Of 85%
Sik Cheong Debuts On Bursa At A Premium Of 85%
The Malaysian RBD palm olein repackaging industry is expected to grow significantly, with a projected compound annual growth rate (CAGR) of 20.9%, reaching RM12.8 billion by 2026. This growth is driven by consistent consumer demand and an increase in demand from hotel, restaurant, and catering operators.Sik Cheong Berhad ("熾昌有限公司"), a company specializing in the repackaging, marketing, and distribution of RBD palm olein oil, has made a strong debut on the ACE Market of Bursa Malaysia Securities Berhad ("Bursa Securities"). The company, listed under the consumer products and services sector, trades under the stock name SCB with the stock code 0316.
專門從事RBD棕櫚油再包裝、營銷和分銷的公司Sik Cheong Berhad（「昌有限公司」）已在馬來西亞證券交易所（「布爾薩證券」）的ACE市場強勢亮相。該公司在消費品和服務板塊上市，股票名稱爲scB，股票代碼爲0316。
At the opening bell, Sik Cheong's share price opened at 50 sen, marking an impressive 85.2% premium over its issue price of 27 sen.
開盤時，錫昌的股價開盤價爲50仙，比其27仙的發行價高出85.2％，令人印象深刻。
"We are truly grateful for the market's confidence as Sik Cheong embarks on this new journey as a publicly listed company," said Sik Cheong's Managing Director, Mr. Wong Hing Ngiap (黄興業). "This milestone reflects over three decades of our expertise in the RBD palm olein oil repackaging industry. With the capital raised, we are well-positioned to enter our next phase of expansion."
時昌董事總經理黃興毅先生（黃業）表示：「我們衷心感謝在適昌作爲上市公司踏上這段新徵程時市場的信心。」「這一里程碑反映了我們在RBD棕櫚油再包裝行業三十多年的專業知識。籌集資金後，我們完全有能力進入下一階段的擴張。」
The Malaysian RBD palm olein repackaging industry is expected to grow significantly, with a projected compound annual growth rate (CAGR) of 20.9%, reaching RM12.8 billion by 2026. This growth is driven by consistent consumer demand and an increase in demand from hotel, restaurant, and catering operators.
馬來西亞RBD棕櫚油再包裝行業預計將大幅增長，預計複合年增長率（CAGR）爲20.9％，到2026年將達到128令吉。這種增長是由持續的消費者需求以及酒店、餐廳和餐飲運營商需求的增加推動的。
Recognizing the market potential, Sik Cheong plans to expand its product range to include high oleic soybean oil, offering a cost-effective option suitable for various cooking methods. This strategic expansion will be supported by the construction of a new packaging facility by rebuilding Factory No. 9, situated next to the existing Factory No. 11. The expansion will increase Sik Cheong's operational space by 88.1%, addressing the space limitations at Factory No. 11 and enabling the repackaging of both high oleic soybean oil and RBD palm olein oil products.
意識到市場潛力，Sik Cheong計劃擴大其產品範圍，將高油酸大豆油包括在內，爲各種烹飪方法提供具有成本效益的選擇。這一戰略擴張將通過重建位於現有11號工廠旁邊的第9號工廠來建造新的包裝設施來支持。此次擴建將使Sik Cheong的運營空間增加88.1％，解決了11號工廠的空間限制，並使高油酸大豆油和RBD棕櫚油產品的重新包裝成爲可能。
Additionally, Sik Cheong aims to expand its geographical reach to states such as Perak, Negeri Sembilan, Melaka, and Pahang, leveraging their proximity to Kuala Lumpur and Selangor, where Factory No. 11 is located. To ensure timely and reliable deliveries, the company will also increase its fleet of delivery trucks.
此外，Sik Cheong的目標是利用其鄰近的吉隆坡和雪蘭莪州（11號工廠所在地），將其地理覆蓋範圍擴大到霹靂州、森美蘭州、馬六甲和彭亨州等州。爲了確保及時可靠的交付，該公司還將增加其送貨卡車車隊。
From its IPO, Sik Cheong raised RM17.8 million, allocating RM7.2 million (40.3%) for the expansion of its packaging facility, RM0.9 million (5.0%) for new delivery trucks, RM6.0 million (33.4%) for working capital, and RM3.8 million (21.3%) to cover listing expenses.
從首次公開募股中籌集了1780萬令吉，撥款720萬令吉（40.3％）用於擴建其包裝設施，90萬令吉（5.0％）用於新的送貨卡車，600萬令吉（33.4％）用於營運資金，380萬令吉（21.3％）用於支付上市費用。
TA Securities Holdings Berhad served as the Principal Adviser, Sponsor, sole Underwriter, and Placement Agent for the IPO exercise.
TA Securities Holdings Berhad曾擔任首次公開募股活動的首席顧問、保薦人、獨家承銷商和配售代理。
譯文內容由第三人軟體翻譯。
