SFP Tech IPO: 10 Things Investors Should Know Before Investing

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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…