On 26 May 2022, SFP Tech Holdings Bhd (SFP Tech) issued its IPO Prospectus on Bursa Malaysia and thus, offered to subscribe its shares at 30 sen a share. Here’s the IPO timetable: Upon listing, SFP Tech would lift its market capitalization to RM 240.0 million. The IPO offer shall be extended to 2 June 2022. Here, I have summarized 10 main points that investors need to know about SFP Tech before investing.

#1 Company Profile

Established in 2012, SFP Tech derives income from sheet metal fabrication, CNC machining and provision of mechanical assembly services to key customers that are in the electrical & electronic (E&E), solar, and semiconductor industries. SFP Tech operates from two manufacturing plants in Penang, where their combined utilization rate was 64.57% in 2021. Source: Page 71 & 87 of SFP Tech’s IPO Prospectus

#2 Financial Results 

SFP Tech has attained higher sales and profits over the last 3 years. Its revenues had increased RM 27.6 million in 2018 to RM 50.4 million in 2021....