RESTNGO RNG Tech Berhad
Key figures
- IPO price
- RM 0.13
- Day 1 open
- RM 0.13
- Day 1 close
- RM 0.13
- Current price
- RM 0.10
- Day 1 open %
- +0.0%
- Day 1 close %
- +0.0%
- Since listing
- -23.1%
- Oversubscription
- 7.77x
- Market cap
- RM 102.4 M
- Float
- 26%
Four recorded prices. Spacing between points is not a time scale; the dashed line is the IPO price.
Offer structure
| Tranche | Shares | % |
|---|---|---|
| PRIVATE PLACEMENT TO BUMIPUTERA INVESTORS | 74.86 M | |
| PRIVATE PLACEMENT TO SELECTED INVESTORS | 55.16 M |
Source: company prospectus, PDF page 2.
Business profile (from the prospectus)
Prospectus excerpt shown in the document's original language.
Through our subsidiaries, we are principally involved in the following: (a) provision of vending massage services; (b) provision of vending massage chair rental plans; and (c) licensing of vending massage services business.
Source: company prospectus, PDF page 104.
Use of proceeds (from the prospectus)
| Item | RM'000 | % |
|---|---|---|
| Estimated listing expenses | 4,200 | |
| General working capital | 1,110 | |
| Repayment of borrowings | 3,000 |
Source: company prospectus, PDF page 31.
Financials (from the prospectus)
| FY | Revenue (RM'000) | PATAMI (RM'000) | Margin | EPS (sen) |
|---|---|---|---|---|
| FYE2022 | 13,878 | 2,315 | 16.68% | |
| FYE2023 | 23,315 | 7,338 | 31.47% | |
| FYE2024 | 40,324 | 14,518 | 36.00% | |
| FYE2025 | 49,342 | 6,048 | 12.26% |
Latest-FY revenue growth: +22.36%. Source: company prospectus (verified excerpts), PDF page 8.
Board context: ACE
Across 217 ACE IPOs in the database: median day-1 close +13.5% (P25 +0.0%, P75 +45.7%), median since-listing -8.0%. 71.0% closed day 1 above their IPO price.
This IPO's day-1 close of +0.0% sits at P29 of its board · This IPO's since-listing of -23.1% sits at P33 of its board
Board peers: ACE
| Symbol | Listed | IPO price | Day 1 close | Since listing | Market cap |
|---|---|---|---|---|---|
| TOPVISN | 16 Dec 2024 | RM 0.33 | +3.0% | -42.4% | RM 102.2 M |
| EIB [NS] | 18 Jul 2022 | RM 0.30 | -13.3% | -51.7% | RM 102.0 M |
| PEOPLE | 20 May 2025 | RM 0.25 | +6.0% | -14.0% | RM 102.9 M |
| GBBOND | 01 Oct 2026 | RM 0.25 | -18.0% | -16.0% | RM 103.1 M |
| SALIRAN [NS] | 13 Mar 2025 | RM 0.27 | -22.2% | -14.8% | RM 103.4 M |
| WINSTAR | 19 Dec 2024 | RM 0.35 | +45.7% | +41.4% | RM 101.5 M |
| AGRICOR | 21 Jun 2024 | RM 0.50 | +75.0% | -12.0% | RM 101.4 M |
| KGW | 01 Aug 2023 | RM 0.21 | +9.5% | -14.3% | RM 101.4 M |
Audit
No audit published for this IPO.