On 30 November 2021, Swift Haulage Bhd (SHB) is launching its IPO at RM 1.03 a share. The listing of SHB’s shares is set to be on 21 December 2021. Upon its listing, SHB’s market capitalization would be lifted to RM 916.5 million.
Here, you may download the IPO Document via these links: Part 1, Part 2, Part 3, and Part 4 to study SHB as a candidate for investment.
Alternatively, you may spend 10 minutes here, where I had summarised 8 things to know about SHB before you invest.
#1: SHB’s Business Model
SHB is an integrated logistics firm based in Malaysia. As of 31 October 2021, the firm has reported to have 1,546 prime movers, 5,518 container trailers, 811 box or curtain-sider trailers, 53 trucks, and 42 CNG tankers. Also, the company has a total of 849,731 sq. ft. in warehouse storage spaces and as much as 28,500 TEU in capacity for its container depots.
SHB plans to raise RM 161.9 million in gross proceeds from its IPO listing and of which, it intends to...