Cuckoo International cuts IPO price by 16.3%

SINGAPORE: Household goods maker Cuckoo International has reduced its Malaysian initial public offering price by 16.3% to RM1.08 a share from RM1.29, a stock exchange filing showed on Wednesday.

That would reduce the size of its IPO to about RM394mil from around RM471mil.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
Cuckoo , IPO , Bursa Malaysia ,

Next In Business News
Airbus reaffirms long-term commitment to Malaysia’s aerospace sector
High court approves Capital A's capital reduction, working towards PN17 status uplift
Stocks shaken by geopolitical fears, Japanese bonds bounce after selloff
China completes first phase of 6G technology trials
ACE Market-bound Kee Ming Group to raise RM31.50mil from IPO
Bursa Malaysia continues uptrend at midday, CI stays above 1,700
Gold crosses US$4,800 for the first time as US, EU spar over Greenland
Oil prices fall as risks from Kazakh production halt subside
ACE Market-bound Ambest aims to raise RM27.5mil from IPO
Steel Hawk unit secures contract for fire rated doors in Sabah

Trending in Business

Others Also Read

Load more

Copyright © 1995- Star Media Group Berhad [197101000523 (10894-D)]

Best viewed on Chrome browsers.