Mega Fortris IPO: Paving the Path to Growth

On October 21, 2024, Mega Fortris Berhad officially launched its IPO Prospectus, a significant milestone in our journey toward expansion and innovation. The event highlighted key stock information and our ambitious plans for the coming years.

Mega Fortris Bhd plans to raise RM99.07 million through its IPO by issuing 147.87 million new shares at 67 sen per share. The company is set to be listed on Bursa Malaysia’s Main Market on 11 November 2024.

Funds raised will support new production facilities in the UK and an expansion into Macau, enhancing Mega Fortris’ global presence. The company’s EBITDA and profit margins have also shown notable improvements, reflecting operational efficiency and profitability. Additionally, the introduction of a dividend policy targeting up to 30% of PAT offers investors both growth and steady returns.

The event was met with extensive media coverage, reflecting the importance of this step for Mega Fortris.

In the News:

English:

• • Mega Fortris Berhad – Sealing The Path Towards A Mega Fortress: https://mplusonline.com/research-report/detail/581
  • The 1st Security Seal IPO: Why Mega Fortris is a Must-Watch Stock!: https://blog.shareinvestor.com/the-1st-security-seal-ipo-mega-fortris/
  • MSBS Assigns A 26% Upside For Mega Fortris From IPO Price: https://www.businesstoday.com.my/2024/10/25/mega-fortris-eyes-expansion-with-ipo-and-new-ventures/
  • Business Today-Mega Fortris To Raise RM99 Million From IPO: https://www.businesstoday.com.my/2024/10/21/mega-fortris-to-raise-rm99-million-from-ipo/
  • The Edge Malaysia-OCBC-backed Mega Fortris IPO opens for subscription, may raise over RM198m: https://theedgemalaysia.com/node/730912
  • New Straits Times-Main-market-bound Mega Fortris to raise RM99.07mil from IPO to expand: https://www.nst.com.my/business/corporate/2024/10/1123092/main-market-bound-mega-fortris-raise-rm9907mil-ipo-expand
  • IPO Watch: Mega Fortris Berhad: https://www.youtube.com/watch?v=zxqGaKEM_c0
  • An overview of Mega Fortris Berhad (MEGAFB, 5327) valuation: https://www.moomoo.com/community/feed/talk-about-mega-fortris-berhad-megafb-5327-valuation-113378812100614
  • Mega Fortris IPO – Sealing its mega global presence (Trading Lens-Non-rated): https://rfs.cgsi.com/api/download?file=d620eec6-0144-4bb0-b085-c7227df87103
  • OCBC-backed IPO 👀:  https://www.instagram.com/reel/DBiG7edSHU-/?igsh=MXFodW03Ym14YzVwZw%3D%3D

Leading outlets in multiple languages also reported on the launch and our IPO, showcasing the company’s strong market presence and ambitious plans.

In the News:

Malay:

• • TA Securities ramal pendapatan Mega Fortris nail 115% pada FY25, dibantu pesanan eksport tinggi: https://www.dagangnews.com/article/terkini/ta-securities-ramal-pendapatan-mega-fortris-naik-115-pada-fy25-dibantu-pesanan-eksport-tinggi-43818
  • DagangNews-Mega Fortris sasar kumpul RM99.07 juta daripada IPO Pasaran Utama Bursa Malaysia: https://www.dagangnews.com/article/terkini/mega-fortris-sasar-kumpul-rm9907-juta-daripada-ipo-pasaran-utama-bursa-malaysia-43593

Chinese:

• • The Edge Malaysia (Chinese)-每股67仙 美佳富特斯上市主板筹1.98亿: https://theedgemalaysia.com/node/730923
  • China Press-华侨银行为主要股东 Mega Fortris下月上市主要板: https://www.chinapress.com.my/20241021/%E5%8D%8E%E4%BE%A8%E9%93%B6%E8%A1%8C%E4%B8%BA%E4%B8%BB%E8%A6%81%E8%82%A1%E4%B8%9C-mega-fortris%E4%B8%8B%E6%9C%88%E4%B8%8A%E5%B8%82%E4%B8%BB%E8%A6%81%E6%9D%BF/
  • eNanyang-Mega Fortris双十一上市 筹资1亿发展马英澳门业务: https://www.enanyang.my/%E8%B4%A2%E7%BB%8F%E6%96%B0%E9%97%BB/mega-fortris%E5%8F%8C%E5%8D%81%E4%B8%80%E4%B8%8A%E5%B8%82-%E7%AD%B9%E8%B5%841%E4%BA%BF%E5%8F%91%E5%B1%95%E9%A9%AC%E8%8B%B1%E6%BE%B3%E9%97%A8%E4%B8%9A%E5%8A%A1
  • Oriental Daily-钢丝锁生产商IPO　美佳富斯特筹集近亿拓展业务: https://www.orientaldaily.com.my/news/business/2024/10/21/687973
  • Sin Chew Daily-Mega Fortris plans to go public on Double 11 to raise RM99.07 million at 67 sen per share: https://www.sinchew.com.my/news/20241021/finance/6015152