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yes, fibo. But I doubt will able to get it. Will be happy if i can just get a small qty. National team will be holding it tightly and grab the tickets.
Makes sense with the hype due to the results achieved so far. Founded in 2020 and scaled to 100 mil revenue as of 2025; high growth if you will. They have achieved this without ARM's CSS. They are reviewing ARM's CSS granted to them by the gomen and mentioned in the prospectus too; potentially scale higher. All the risk factors are mentioned in the prospectus too. So, it is definitely worth the hype but not everyone will be successful in the IPO application.
Those that didn't get it will have to hope for it to be Oppstar 2.0. Lol, no pun intended. Oppstar seriously need ARM's CSS and then hire engineers as Oppstar's IP count is miserable. ARM's CSS will help Oppstar to get some design job perhaps. But it's not going to be cheap. If they are granted the CSS, private placement is probably needed to fund the CSS licensing.
probably lower, adama. there is only 35.9 mil for malaysian public and 50% for bumi and 50% for non-bumi. That makes it 17.9 mil for malaysian public. 35.9 mil is approx 2%. Such setup is one of the few things that I dislike from the prospectus.
Its only 2% for retail offering. Not gonna chase if I can't get IPO shares. Well, unless day 1 opening is within reasonable price. Else, cheer for successful applicants and the listing of Malaysia's chip design company.
Let it go then. It's a mission accomplished setup - 2% retail offering to create scarcity to "justify" higher market pricing. Good for successful retail IPO applicants :)