Unitrade Industries Bhd (Unitrade) launched its IPO on 28 April 2022 at 32 sen a share. Upon its listing, Unitrade’s market capitalisation would be lifted to RM 500 million.
Here are the IPO documents for your viewing:
The closing date to this IPO subscription has been set on 30 May 2022. Before you decide to apply for Unitrade IPO, below are 8 things you should know about Unitrade.
#1 Unitrade Corporate Profile
Presently, Unitrade has 3 main business segments:
- Unitrade – Wholesale & Distribution of Building Materials
Unitrade is involved in wholesaling and distribution of building materials including pipes, valves, fittings, and accessories.
Its customer base come from the likes of contractors, steel traders, downstream steel manufacturers, and also hardware retailers and traders.
- Ricwil – Manufacturing & Sale of Pre-Insulated Pipes
Ricwil is involved in manufacturing of pre-insulated pipes and trading of related materials for HVAC systems in its current plant at Kampung Baru Subang.
Today, the plant comprises 47,500 sq. ft. of manufacturing spaces and a 2-storey office building....