ACE Market-bound Oppstar launches prospectus with IPO price at 63 sen, implying 24.14 times price-earnings
by Sufi Muhamad
Group's earnings of RM16.61 million or 2.61 sen per share for the financial year ended March 31, 2022, and a share base of 636.2 million.
Oppstar is principally engaged in the provision of IC design services covering front-end design, back-end design and complete turnkey solutions.
Its customers include integrated device manufacturers, fabless companies, fab-lite companies, electronics system providers and other IC design houses.
Oppstar’s IC designs can be used for end products in industries such as telecommunications, industrial electronics, automotive and consumer electronics.
Expects to be listed on Bursa Malaysia on March 15, with the closing of retail offerings on March 3.
Source: theedgemarkets.com
https://www.theedgemarkets.com/node/656275