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Ecomate IPO: 8 Key Things Investors Should Know
By SmallCapAsia  •  October 21, 2021
On 15 October 2021, Ecomate Holdings Bhd (Ecomate) issued its IPO Document and opened its invitation to subscribe its IPO shares at RM 0.33 a share. Its date of listing is set to be on 8 November 2021. Here, you may study the company in greater detail by downloading its Prospectus at these links: Part 1 and Part 2.  Alternatively, you may read this write-up, where I summarized 8 things that you need to know about Ecomate before you invest in it:  #1 Ecomate’s Business Model  Ecomate designs, manufactures, sells, and exports Ready-to-Assemble furniture in two factories located at Muar, Johor. Mainly, they include bedroom and living room furniture. It had begun its operations in 2016 with two production lines in a portion of its first factory, Factory A.  In 2018, Ecomate had expanded its operations by renting the remaining portion of its first factory, Factory A and its...
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By SmallCapAsia
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