APAC IPOs & Placements, Aequitas Research

Nicholas Tan

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

Eco-Shop Marketing / Equity Capital Markets

<ul>
<li>
<a href="https://www.smartkarma.com/entities/eco-shop-marketing" target="_blank" data-smartkarma-citation="entities:44169:1" rel="noopener">Eco-Shop Marketing (ECO MY)</a> raised around US$227m in its Malaysia IPO, after pricing the deal at the bottom of the range at M$1.13/share.</li>
<li>It is the largest dollar chain in Malaysia, as per the number of stores it operates, as of 31 October 2024.</li>
<li>In our previous notes, we talked about the company’s historical performance, undertook a peer comparison and shared our thoughts on valuation. In this note, we talk about the trading dynamics. </li>
</ul>



Eco-Shop Marketing (ECO MY) raised around US$227m in its Malaysia IPO, after pricing the deal at the bottom of the range at M$1.13/share.
It is the largest dollar chain in Malaysia, as per the number of stores it operates, as of 31 October 2024.
In our previous notes, we talked about the company’s historical performance, undertook a peer comparison and shared our thoughts on valuation. In this note, we talk about the trading dynamics. 


Eco-Shop IPO Trading: Tepid Retail Demand but at a Discount to 99 Speedmart

Asia Pac ECM and Index Rebal, Shenton Research

Ke Yan, CFA, FRM

Asia Pac ECM and Index Rebal

Asia Pac IPO & Placement Research, China Biotech

DZT Research

DZT Research is an independent Asia Pacific equity specialist. Our quantitative research covers index rebalancing flows, alongside exchange data analytics accross Asia Pacific. On the equity capital markets side, we focus on Asia Pacific ECM, especially biotech and TMT. Our lead analyst is frequently cited by international media.

Quantitative Analysis

<ul>
<li>We analyzed the changes in short interest of Bursa stocks as of May 16th which has an aggregated short interest worth USD329m.</li>
<li>We tabulate league table for top short by value and short as multiple of ADT, as well as weekly increases &amp; decreases in short value, short as multiple of ADT.</li>
<li>We highlight short interest changes in Dialog, Gamuda, Sime Darby Property, Inari Amertron, Wct.</li>
</ul>


We analyzed the changes in short interest of Bursa stocks as of May 16th which has an aggregated short interest worth USD329m.
We tabulate league table for top short by value and short as multiple of ADT, as well as weekly increases &amp; decreases in short value, short as multiple of ADT.
We highlight short interest changes in Dialog, Gamuda, Sime Darby Property, Inari Amertron, Wct.


Bursa Short Interest Weekly (May 16th): Dialog, Gamuda, Sime Darby Property, Inari Amertron, Wct

<ul>
<li>We analyzed the changes in short interest of Bursa stocks as of May 9th which has an aggregated short interest worth USD330m.</li>
<li>We tabulate league table for top short by value and short as multiple of ADT, as well as weekly increases &amp; decreases in short value, short as multiple of ADT.</li>
<li>We highlight short interest changes in Tenaga Nasional, JYC Intl, Axiata, Sunway, Rhb Bank.</li>
</ul>


We analyzed the changes in short interest of Bursa stocks as of May 9th which has an aggregated short interest worth USD330m.
We tabulate league table for top short by value and short as multiple of ADT, as well as weekly increases &amp; decreases in short value, short as multiple of ADT.
We highlight short interest changes in Tenaga Nasional, JYC Intl, Axiata, Sunway, Rhb Bank.


Bursa Short Interest Weekly (May 9th): Tenaga Nasional, JYC Intl, Axiata, Sunway, Rhb Bank

<ul>
<li>We analyzed the changes in short interest of Bursa stocks as of May 2nd which has an aggregated short interest worth USD0.3bn.</li>
<li>We tabulate league table for top short by value and short as multiple of ADT, as well as weekly increases &amp; decreases in short value, short as multiple of ADT.</li>
<li>We highlight short interest changes in Ctos Digital, Eco World Develop, Berjaya, Drb - Hicom, Ytl.</li>
</ul>


We analyzed the changes in short interest of Bursa stocks as of May 2nd which has an aggregated short interest worth USD0.3bn.
We tabulate league table for top short by value and short as multiple of ADT, as well as weekly increases &amp; decreases in short value, short as multiple of ADT.
We highlight short interest changes in Ctos Digital, Eco World Develop, Berjaya, Drb - Hicom, Ytl.


Bursa Short Interest Weekly (May 2nd): Ctos Digital, Eco World Develop, Berjaya, Drb - Hicom, Ytl

<ul>
<li>
<a href="https://www.smartkarma.com/entities/eco-shop-marketing" target="_blank" data-smartkarma-citation="entities:44169:1" rel="noopener">Eco-Shop Marketing (ECO MY)</a>  is looking to raise up to US$241m in its upcoming Malaysia IPO.</li>
<li>It is the largest dollar chain in Malaysia, as per the number of stores it operates, as of 31 October 2024.</li>
<li>We have looked at the company’s past performance and provided our initial thoughts on valuations. In this note, we talk about the IPO pricing.</li>
</ul>



Eco-Shop Marketing (ECO MY)  is looking to raise up to US$241m in its upcoming Malaysia IPO.
It is the largest dollar chain in Malaysia, as per the number of stores it operates, as of 31 October 2024.
We have looked at the company’s past performance and provided our initial thoughts on valuations. In this note, we talk about the IPO pricing.


Eco-Shop IPO: Peers Have Shined Through Turmoil, Eco Still Cheaper

Malaysia

Mr D.I.Y. Group (M) Berhad operates a chain of department stores. The Company offers hardware, electrical, household, jewellery and cosmetics, stationery, toys, car accessories, and household products. Mr D.I.Y. Group (M) serves customers in Asia.

Price Gauge
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MR DIY Group M (MRDIY MK)

Eco-Shop IPO Trading: Tepid Retail Demand but at a Discount to 99 Speedmart

Eco-Shop Marketing raised around US$227m in its Malaysia IPO, after pricing the deal at the bottom of the range at M$1.13/share. In this note, we...

Nicholas Tan

Bursa Short Interest Weekly (May 16th): Dialog, Gamuda, Sime Darby Property, Inari Amertron, Wct

We analyzed Bursa Malaysia short interest report for the past week and highlighted short interest changes in Dialog, Gamuda, Sime Darby Property,...

Ke Yan, CFA, FRM

Bursa Short Interest Weekly (May 9th): Tenaga Nasional, JYC Intl, Axiata, Sunway, Rhb Bank

We analyzed Bursa Malaysia short interest report for the past week and highlighted short interest changes in Tenaga Nasional, JYC Intl, Axiata,...

Ke Yan, CFA, FRM

Bursa Short Interest Weekly (May 2nd): Ctos Digital, Eco World Develop, Berjaya, Drb - Hicom, Ytl

We analyzed Bursa Malaysia short interest report for the past week and highlighted short interest changes in Ctos Digital, Eco World Develop,...

Ke Yan, CFA, FRM

Eco-Shop IPO: Peers Have Shined Through Turmoil, Eco Still Cheaper

Eco-Shop Marketing (ES) is looking to raise up to US$241m in its upcoming Malaysia IPO. In this note, we talk about the IPO pricing.

Nicholas Tan

Price Gauge

52-week Range

Market Cap (USDm)

P/E

Dividend (Yield)