Shares & Derivatives
7 Things You Need to Know about Wegmans Holdings Bhd Before You Invest
By SmallCapAsia  •  June 5, 2018
On 6 March 2018, Wegmans Holdings Bhd (Wegmans) has made its maiden entry into the ACE Market of Bursa Malaysia. Its shares, which were offered at IPO price of RM 0.29 a share, have been well-received as these shares had been oversubscribed by a multiple of 16.35 times. If you have missed the boat, don’t worry. As I write, Wegmans’ stock price is trading at RM 0.25 a share, a slight drop from the IPO price. Based on a total of 500 million shares, Wegmans today has a market capitalization of RM 125 million. Here, I’ll share 7 main things that you need to know about Wegmans before you invest. #1: History Part 1 – The Founding Years (1994 – 2004) Wegmans was founded in 1994 by three partners namely, Keh Wee Kiet, Law Kok Kim (Collin) and Oon Leng Hin. It started its operations from a factory with a built-up ......
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By SmallCapAsia
Our slogan is simple: Start Small, Win Big! What does it mean? Simply put, we want you to invest your small pockets of money and eventually have them balloon into hoards of cash in the long run – so that you can live your dream lifestyle and most importantly, retire comfortably without having to worry for another day.
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