#1 Business Model
DXN is a global direct-selling or MLM company in short. Founded in 1993 by Datuk Dr. Lim Siow Jin, DXN is well-known for its Ganoderma or “Lingzhi” mushroom-related products. Its product lines include dietary supplements, food and beverages, personal care products, skin care and cosmetics, household products and water treatment system....On 28 April 2023, DXN Holdings Bhd. (DXN) issued its IPO Prospectus and launched the IPO at 76 sen a share, which represents a price-to-earnings ratio (PER) of 15.6x.
You can check out the various parts of the prospectus below:
The IPO will result in a market capitalisation of RM 3.8 billion upon listing. The invitation shall end on 9 May 2023 and its listing date is set on 19 May 2023.
Source: Page 19 of DXN’s IPO Prospectus
Here, I’ll summarise 7 things to know about DXN before investing.
