Malacca Securities sets Farm Price’s fair value at 85% premium ahead of IPO


PETALING JAYA: Malacca Securities has ascribed a fair value of 44.5 sen per share for Farm Price Holdings Bhd, which marks a premium 85% from its initial public offering (IPO) price.

Notably, the IPO price was recently fixed at 24 sen.

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Monthly Plan

RM 13.90/month

RM 11.12/month

Billed as RM 11.12 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 9.87/month

Billed as RM 118.40 for the 1st year, RM 148 thereafter.

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Farm Price , Malacca Securities , IPO , ACE Market

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