IPO: UUE Holdings Leaps 175% Above Listing Price On Ace Market Entry
IPO: UUE Holdings Leaps 175% Above Listing Price On Ace Market Entry
UUE Holdings Berhad's (UUE) initial public offering (IPO) rose 175% from its opening price of RM0.24 per share on its debut on Bursa Malaysia Securities' ACE Market today.
UUE控股有限公司的首次公開發行(IPO)於今天在馬來西亞證券交易所創業板上市並以每股0.24馬幣的發行價上漲175%。
UUE's shares opened at the price of RM0.66 representing a 175% premium over its issue price of RM0.24 per share, with an opening volume of 30.71 million shares as at 9:00 a.m.
UUE的股票以0.66馬幣的價格開盤，相當於每股0.24馬幣發行價的175%溢價，開盤成交量爲30,710,000股，截至上午九點。
At 9.45am, the counter reached a high of 0.68 sen with a trading volume of 126 940 500 before tapering lower to 0.65 sen soon after.
截至上午9:45，交易量達到126,940,500成交量，最高股價上漲至0.68元，並在隨後回落至0.65元。
The company successfully raised a total of RM29.98 million through the public issue of 124,902,000 million new ordinary shares (Public Issue Shares) priced at RM0.24 per share. 52.5% or RM15.75 million of the utilisation of proceed will be utilised for purchase of machinery and equipment, and with 36.3% or RM10.89 million channelled for the working capital.
該公司成功發行價爲0.24馬幣的公開發行股票共計新普通股124,902,000股，共籌集了總額2,998萬馬幣。其中52.5% 或 1575萬馬幣將用於購買機械設備，36.3% 或 1089萬馬幣將用於營運資金。
The remaining proceeds of RM3.33 million have been earmarked for listing expenses.
其餘的333萬馬幣的收益被用來支付上市費用。
The Company's listed shares are classified as Shariah compliant by the Shariah Advisory Council of the Securities Commission Malaysia.
The Company's public issue portion which was made available to the Malaysian public via balloting was oversubscribed by a rate of 103.83 times with a total of 25,019 applications for with approximately of 3.19 billion shares.
該公司的上市股票符合馬來西亞證券委員會獲得回教股顧問委員會的認證。
該公司向馬來西亞公衆發行的股票部分通過抽籤的形式超額認購達到103.83倍，大約有25,019份申請書涉及約31.9億股。
The Independent Non-Executive Chairman of UUE, Lee Chye Tee said, "Looking forward, we plan to acquire more machinery to expand our range of underground utilities engineering solutions and the scale of our projects. This includes acquiring a maxi rig horizontal directional drilling (HDD) machine to venture into subsea HDD works, thereby broadening our service offerings.
UUE獨立非執行主席李才氏表示：“展望未來，我們計劃購買更多機械，擴大我們的地下管道工程解決方案的範圍和項目規模。其中包括購買一臺大型水平定向鑽孔(HDD)機器，開始進入海底鑽孔工作，從而擴大了我們的服務範圍。”
"To supplement our existing assets, we lease additional machinery, including HDD machines, excavators, and lorries. We are also committed to further expanding our services in Singapore. The demand for underground utilities engineering solutions is driven by Singapore's plans to increase its population to between 6.5 million and 6.9 million by 2030. We intend to leverage our track record and expertise to actively participate in tenders for electricity distribution projects in Singapore."
“爲了補充我們現有的資產，我們會租賃其他的機器，包括HDD機器、挖掘機和卡車。我們也致力於進一步拓展我們在新加坡的服務。地下管道工程的需求受到新加坡計劃到2030年將人口增加到650萬至690萬人的推動。我們打算利用我們的技術和經驗積極參與新加坡的電力分配項目招標。”
UUE and its group of subsidiary companies (UUE Group) are principally involved in the provision of underground utilities engineering solutions, with a focus on pipe laying using the Horizontal Directional Drilling (HDD) method in addition to the open cut and micro trenching excavation methods.
UUE及其子公司(UUE Group)主要提供地下管道工程解決方案，重點在於使用水平定向鑽孔(HDD)方法進行管道鋪設，以及開挖和微小溝槽方法。
The Group also manufactures and trades high-density polyethylene (HDPE) pipes, principally for its underground utilities engineering projects. With completed projects spanning various industries, from electrical to telecommunications, UUE has established its presence in Malaysia and Singapore with HDD solutions.
該集團還製造和貿易高密度聚乙烯(HDPE)管，主要用於其地下管道工程項目。通過完成跨足不同行業的各種項目，從電力到電信，UUE基於HDD解決方案在馬來西亞和新加坡建立了自己的地位。
The Group recorded revenue of approximately RM103.76 million for the latest ten (10)-month financial period ended 31 December (FPE) 2024 whereas revenue for the 12-month period financial year ended 28 February (FYE) 2023 stood at RM88.66 million.
該集團於截至 2024 年 12 月 31 日的最新 10 個月財政期間錄得的營業收入約爲 1.0376 億馬幣，而於截至 2023 年 2 月 28 日的 12 個月期間錄得的營業收入爲 8866 萬馬幣。 2024財政期毛利潤爲30.5%，處於2019年、2020年和2021年期間28.2%至33.5%的歷史區間之內。
Gross margins for the FPE 2024 stood at 30.5%, within the historical range between 28.2% to 33.5% for the FYE 2021, 2022 and 2023.
M & A Securities Sdn Bhd is the Adviser, Sponsor, Underwriter, and Placement Agent for UUE's IPO exercise.
FPE 2024的毛利率爲30.5%，在2021年、2022年和2023年的歷史區間範圍內，區間爲28.2%到33.5%。
M&A證券有限公司是UUE IPO行使的顧問、發起人、承銷商和配售代理。
譯文內容由第三人軟體翻譯。