APAC IPOs & Placements, Aequitas Research

Clarence Chu

APAC IPOs & Placements

IPOs and Placements coverage across Asia Pacific

Aequitas Research

We cover all listing across the Asia Pacific along with follow-up placements. As of Dec 2020, our team had covered 539 IPOs with a hit rate of 73.5% and 685 placements with a hit rate of 66.8%.

We combine fundamental bottom-up views with our proprietary quantitative framework to provide a holistic coverage across new listings and placements. Our coverage includes pre-IPO notes before the deal is launched, follow-up analysis once the deal is live and post-listing trading analysis as well.

Equity Capital Markets

<ul>
<li>
<a href="https://www.smartkarma.com/entities/dxn-holdings-bhd" target="_blank" data-smartkarma-citation="entities:36030:1" rel="noopener">DXN Holdings (2080694D MK)</a> is looking to raise around US$159m in its Malaysia IPO.</li>
<li>DXN Holdings (DXN) is a global health-oriented and wellness direct selling company.</li>
<li>In this note, we will undertake a peer comparison, discuss our earnings assumptions, and share our thoughts on valuation.</li>
</ul>



DXN Holdings (2080694D MK) is looking to raise around US$159m in its Malaysia IPO.
DXN Holdings (DXN) is a global health-oriented and wellness direct selling company.
In this note, we will undertake a peer comparison, discuss our earnings assumptions, and share our thoughts on valuation.


DXN Holdings IPO - Peer Comparison & Valuation

<ul>
<li>
<a href="https://www.smartkarma.com/entities/dxn-holdings-bhd" target="_blank" data-smartkarma-citation="entities:36030:1" rel="noopener">DXN Holdings (2080694D MK)</a> is looking to raise around US$159m in its Malaysia IPO.</li>
<li>DXN Holdings (DXN) is a global health-oriented and wellness direct selling company.</li>
<li>In our previous note, we looked at the company’s past performance. In this note, we take a look at the company’s updated financials.</li>
</ul>



DXN Holdings (2080694D MK) is looking to raise around US$159m in its Malaysia IPO.
DXN Holdings (DXN) is a global health-oriented and wellness direct selling company.
In our previous note, we looked at the company’s past performance. In this note, we take a look at the company’s updated financials.


DXN Holdings IPO - Updates Since Our Last Note

<ul>
<li>
<a href="https://www.smartkarma.com/entities/dxn-holdings-bhd" target="_blank" data-smartkarma-citation="entities:36030:1" rel="noopener">DXN Holdings (2080694D MK)</a> is looking to raise up to US$200m in its upcoming Malaysia IPO.</li>
<li>DXN Holdings (DXN) is a global health-oriented and wellness direct selling company.</li>
<li>In this note, we will talk about the not-so-positive aspects of the deal.</li>
</ul>



DXN Holdings (2080694D MK) is looking to raise up to US$200m in its upcoming Malaysia IPO.
DXN Holdings (DXN) is a global health-oriented and wellness direct selling company.
In this note, we will talk about the not-so-positive aspects of the deal.


DXN Holdings Pre-IPO - The Negatives - Profits Weakened over Track Period. Past Regulatory Run-Ins

<ul>
<li>
<a href="https://www.smartkarma.com/entities/dxn-holdings-bhd" target="_blank" data-smartkarma-citation="entities:36030:1" rel="noopener">DXN Holdings (2080694D MK)</a> is looking to raise up to US$200m in its upcoming Malaysia IPO.</li>
<li>DXN Holdings (DXN) is a global health-oriented and wellness direct selling company.</li>
<li>In this note, we will talk about the positive aspects of the deal.</li>
</ul>



DXN Holdings (2080694D MK) is looking to raise up to US$200m in its upcoming Malaysia IPO.
DXN Holdings (DXN) is a global health-oriented and wellness direct selling company.
In this note, we will talk about the positive aspects of the deal.


DXN Holdings Pre-IPO - The Positives - Diverse and Growing Portfolio. Strong Long-Term Record

Ethan Aw

<ul>
<li>In this note, we will take a look at the performance of bookrunners for ASEAN placements from 2019-2022.</li>
<li>The following dataset includes all ASEAN placements above US$100m for the period of Calendar Years 2019-2022, which amounted to a total of <strong>54 deals</strong>.</li>
<li>The deals you see in this note are based on our historical placements tracker. Feel free to drop us a message for additional information on any of these placements.</li>
</ul>


In this note, we will take a look at the performance of bookrunners for ASEAN placements from 2019-2022.
The following dataset includes all ASEAN placements above US$100m for the period of Calendar Years 2019-2022, which amounted to a total of 54 deals.
The deals you see in this note are based on our historical placements tracker. Feel free to drop us a message for additional information on any of these placements.


Aequitas ASEAN Placements Bookrunner Performance (2019-2022)

Thailand

Maybank Securities (Thailand) Public Company Limited is a Thailand-based company providing a wide range of investment and securities services to individual and institutional customers. It offers securities brokerage, securities trading, underwriting, investment advisory, corporate finance advisory, derivatives brokerage, and securities borrowing and lending. The company was founded in 1990 and is headquartered in Bangkok, Thailand.

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Maybank Securities (Thailand) (MST TB)

DXN Holdings IPO - Peer Comparison & Valuation

DXN Holdings (2080694D MK) is looking to raise around US$159m in its Malaysia IPO. In this note, we will undertake a peer comparison, and share our...

Clarence Chu

DXN Holdings IPO - Updates Since Our Last Note

DXN Holdings (2080694D MK) is looking to raise around US$159m in its Malaysia IPO. DXN Holdings (DXN) is a global health-oriented and wellness...

Clarence Chu

DXN Holdings Pre-IPO - The Negatives - Profits Weakened over Track Period. Past Regulatory Run-Ins

DXN Holdings (2080694D MK) is looking to raise up to US$200m in its upcoming Malaysia IPO. In this note, we will talk about the not-so-positive...

Clarence Chu

DXN Holdings Pre-IPO - The Positives - Diverse and Growing Portfolio. Strong Long-Term Record

DXN Holdings (2080694D MK) is looking to raise up to US$200m in its upcoming Malaysia IPO. In this note, we will talk about the positive aspects of...

Clarence Chu

Aequitas ASEAN Placements Bookrunner Performance (2019-2022)

In this note, we will take a look at the performance of bookrunners for ASEAN placements from 2019-2022, which includes all ASEAN placements above...

Ethan Aw

Price Gauge

52-week Range

Market Cap (USDm)

P/E

Dividend (Yield)