On 19 August 2019, MTAG Group Bhd (MTAG) has extended an invitation to the public to subscribe its IPO shares at RM 0.53 a share.
You may download a copy of its IPO documents with the links below:
The application for MTAG’s IPO shares will be closed on 6 September 2019 with its shares to be listed on 25 September 2019.
So, should we invest in MTAG at a price of RM 0.53 a share today? Here, I’ll summarise my findings as follows:
#1: Business ModelMTAG has two business divisions.
First, it prints labels and stickers and provides printing services such as lamination, adhesive-kill printing, double-side printing, and varnish coating. Second, MTAG distributes industrial tapes, adhesives and a wide range of printing materials. The two divisions mainly serve customers who are in industries such as electrical & electronic, precision tooling, mechanical & engineering, automotive, and construction in Malaysia.It
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