On 22 December 2021, Coraza Integrated Technology Bhd (Coraza) extended an invitation via its release of IPO Prospectus to subscribe its shares at IPO price of 28 sen a share.
The closing date of the IPO subscription is set on 6 January 2022 and the listing of its shares is set to be on 20 January 2022. Upon which, market capitalisation of Coraza would be lifted to RM 119.9 million.
You may download its IPO Prospectus: Part 1 and Part 2 for more information. Alternatively, you may check out our summary of 9 things to know about Coraza.
#1: Business Model
Coraza is an integrated engineering supporting services provider in Malaysia. At present, Coraza earns income from provision of sheet metal fabrication services and precision machining to major customers in various industries which include semiconductor, electrical & electronics, aerospace, telecommunications, and as well as the life science & medical devices industry....