Big Caring Prices RM2.03bil IPO at RM1.08 a Share Apiece

What Is the Big Caring IPO Worth at RM1.08 a Share?

Pharmacy chain operator Big Caring Group Bhd is looking to raise RM2.03 billion in Malaysia’s second-largest listing this year. The Big Caring IPO is priced at RM1.08 per share on the Main Market.

At that price, the company carries an RM8 billion market capitalisation upon listing. The valuation sits at about 42 times trailing earnings, a multiple shareholders can set against listed peers.

Who Is Selling Shares in the Big Caring IPO?

The source headline puts total shareholder proceeds at RM1.4 billion. A group of shareholders, including managing director Lee Meng Chuan and his wife Lim Sin Yin, an executive director, is pocketing RM462 million individually and through their joint vehicle.

These proceeds come from the sale of existing shares. That cash goes to the selling shareholders, not into the company’s own coffers.

How Can Retail Investors Apply for the Big Caring IPO?

• Online applications need a direct CDS account in the applicant’s own name.
• Only one application per IPO is allowed. Multiple applications are an offence under the Capital Markets and Services Act 2007.
• Retail portions are balloted when the IPO is oversubscribed.

Read the IPO Investing with M+ Global guide and the Trading Account Types in Malaysia explainer before applying.

Which Other Bursa Stocks Made Headlines on Oct 29?

• Zetrix AI (KL:ZETRIX): A dissolution event on its RM2 billion sukuk was triggered after a covenant breach, but no immediate repayment of RM2.16 billion is required. Its MyEG unit received a RM353.13 million tax bill from the IRB, and the government filed a civil suit.
• HeiTech Padu (KL:HTPADU): No longer collaborating with Zetrix AI on the RM1.05 billion NIISe project.
• SD Guthrie (KL:SDG): Will invest up to RM101.12 million for a 30% stake in a 1,623-acre Bukit Kerayong industrial park with YTL Power (KL:YTLPOWR) and Bumi Assets, and sell land for RM933.57 million.
• Mega Fortris (KL:MEGAFB): Share price fell from RM3.45 to RM2.74, cutting market capitalisation from RM2.91 billion to RM2.32 billion.
• GIIB (KL:GIIB): Shares dropped 23.9% from 71 sen to 54 sen, and Bursa Malaysia queried the unusual market activity, its third this year.
• JF Technology (KL:JFTECH): Proposes up to 388.01 million free warrants at two for every five shares held, exercisable over five years.
• TSH Resources (KL:TSH): Found no business links with 10 Indonesian companies named by Singapore’s NEA over forest and peatland fires.
• BAT Malaysia (KL:BAT): 3QFY2026 net profit fell 66.54% to RM2.35 million, while revenue edged up 0.41% to RM302.02 million. A 2 sen third interim dividend totals RM5.71 million, payable on Dec 28.
• Mi Technovation (KL:MI): 3QFY2026 net profit surged 84.8% to RM66.84 million on revenue of RM256.04 million, up 29.9%.
• Axis REIT (KL:AXREIT): 3QFY2026 net property income fell 2.8% to RM77.99 million. A 2.35 sen distribution is payable on Nov 30.
• Chin Teck Plantations (KL:CHINTEK): 4QFY2026 net profit dropped 68.58% to RM36.6 million, with revenue down 41.68% to RM56.37 million.
• Taghill (KL:TAGHILL): Won a RM166 million contract for two George Town towers with 493 serviced apartment units, awarded by Exsim Waterfront.
• SLGC (KL:SLG): Secured a RM50.24 million factory construction contract in Telok Panglima Garang, its first win after listing.

Key Takeaways

• The Big Caring IPO is priced at RM1.08 per share, raising RM2.03 billion.
• The offer implies an RM8 billion market capitalisation at about 42 times trailing earnings.
• Lee Meng Chuan’s group is pocketing RM462 million from existing shares.
• Retail applicants need a direct CDS account, one application per IPO, and may face balloting.

This article is for information only and is not investment advice. Do your own research and read the IPO prospectus before making any decision.

Frequently Asked Questions

What is the Big Caring IPO price?

The Big Caring IPO is priced at RM1.08 per share on the Main Market. The offer raises RM2.03 billion and gives the company an RM8 billion market capitalisation upon listing.

How many times earnings is the Big Caring IPO valued at?

The Big Caring IPO values the company at about 42 times its trailing earnings. That valuation is the key figure to compare against listed peers.

How many Big Caring IPO applications can one investor make?

Only one application per IPO is allowed. Multiple applications are an offence under the Capital Markets and Services Act 2007.

Who is selling shares in the Big Caring IPO?

A group of shareholders, including managing director Lee Meng Chuan and executive director Lim Sin Yin, is pocketing RM462 million individually and through their joint vehicle. These proceeds come from the sale of existing shares.

Source: View Original Article — The content is based on the original publisher. Refer to the original content for accurate info. Contact us for any changes.

Disclaimer: This article is for informational purposes only and does not constitute financial advice. Always do your own research before making investment decisions.

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