CKI
Key figures
- IPO price
- RM 1.08
- Day 1 open
- RM 1.09
- Day 1 close
- RM 1.08
- Current price
- RM 0.545
- Day 1 open %
- +0.9%
- Day 1 close %
- +0.0%
- Since listing
- -49.5%
- Oversubscription
- 1.42x
- Market cap
- RM 1.55 B
- Offer size
- 365.36 M
- Enlarged shares
- 1432.8 M
- Float
- 25.5%
Four recorded prices. Spacing between points is not a time scale; the dashed line is the IPO price.
Offer structure
| Tranche | Shares | % |
|---|---|---|
| Eligible employees of our Group | 8.5968 M | 0.6% |
| Persons who have contributed to the success of our Group | 5.7312 M | 0.4% |
| Bumiputera investors | 14.328 M | 1% |
| Non-Bumiputera investors | 14.328 M | 1% |
| Bumiputera investors approved by the MITI | 179.1 M | 12.5% |
| Malaysian and foreign institutional and selected investors | 143.28 M | 10% |
Source: company prospectus, PDF page 45.
Business profile (from the prospectus)
Prospectus excerpt shown in the document's original language.
We are a company with a vision to be a "Healthy Home Creator", dedicated to fostering healthy lifestyles for our customers through our home appliances, household goods, skincare and nutritional food products, and home care services. We are guided by our 'Beyond Standards' philosophy to deliver exceptional products and services to our customers, which drives continuous improvement across o ur strategies and operations. We offer various rental plans for a selection of our products which provide accessibility and flexibility to our customers.
Source: company prospectus, PDF page 114.
Use of proceeds (from the prospectus)
| Item | RM'000 | % |
|---|---|---|
| Capital to fund product purchases for expansion of rental business | 104,700 | 56.7% |
| Repayment of bank borrowings | 40,000 | 21.6% |
| Opening of ‘Brandshops’ | 5,000 | 2.7% |
| Upgrading of IT systems | 5,600 | 3.0% |
| Expansion of CUCKOO Singapore | 10,000 | 5.4% |
| Estimated Listing expenses | 19,500 | 10.6% |
Source: company prospectus, PDF page 54.
Financials (from the prospectus)
| FY | Revenue (RM'000) | PATAMI (RM'000) | Margin | EPS (sen) |
|---|---|---|---|---|
| FPE2023 | 823,003 | 59,232 | 7.20% | 4.10 |
| FPE2024 | 930,365 | 104,003 | 11.18% | 7.30 |
| FY2021 | 1,139,076 | 186,694 | 16.39% | 13.00 |
| FY2022 | 1,046,446 | 2,440 | 0.23% | 0.20 |
| FY2023 | 1,116,649 | 87,260 | 7.81% | 6.10 |
Latest-FY revenue growth: +6.71%. PE at the IPO price: 17.70. Source: company prospectus (verified excerpts), PDF page 40.
Board context: MAIN
Across 57 MAIN IPOs in the database: median day-1 close +3.9% (P25 -2.2%, P75 +27.6%), median since-listing +0.0%. 61.4% closed day 1 above their IPO price.
This IPO's day-1 close of +0.0% sits at P39 of its board · This IPO's since-listing of -49.5% sits at P26 of its board
Board peers: MAIN
| Symbol | Listed | IPO price | Day 1 close | Since listing | Market cap |
|---|---|---|---|---|---|
| SKYECHIP | 20 May 2026 | RM 0.88 | +151.1% | +218.2% | RM 1.58 B |
| PARADIGM [NS] | 10 Jun 2025 | RM 1.00 | +0.0% | -6.0% | RM 1.60 B |
| SENHENG | 25 Jan 2022 | RM 1.07 | -20.1% | -81.3% | RM 1.60 B |
| RADIUM | 31 May 2023 | RM 0.50 | -23.0% | +0.0% | RM 1.73 B |
| TMK | 12 Dec 2024 | RM 1.75 | +9.7% | -25.1% | RM 1.75 B |
| JPG | 09 Jul 2024 | RM 0.84 | +7.1% | +85.7% | RM 2.10 B |
| ITMAX | 13 Dec 2022 | RM 1.07 | +29.0% | +331.8% | RM 1.10 B |
| PLINTAS | 25 Mar 2024 | RM 0.95 | +2.1% | +1.1% | RM 1.04 B |
Audit
No audit published for this IPO.