BBSB INTL于12月31日至1月8日招股，公司拟发售1.25亿股

Group 1 - The company BBSB INTL (08610) plans to conduct an IPO from December 31, 2025, to January 8, 2026, offering 125 million shares, with 10% for public sale and 90% for placement [1] - The expected share price is between HKD 0.6 and HKD 0.7, with trading set to begin on January 13, 2026, at 9:00 AM Hong Kong time [1] - The company has over 16 years of experience as a civil engineering contractor in Malaysia, focusing on large-scale transportation infrastructure projects, particularly bridge engineering [1] Group 2 - For the fiscal years 2023, 2024, the first six months of 2024, and the first six months of 2025, the company reported revenues of approximately MYR 76.8 million, MYR 133 million, MYR 69.8 million, and MYR 74 million, respectively [1] - The company incurred a net loss of approximately MYR 14.5 million in fiscal year 2023, but achieved net profits of approximately MYR 26.2 million, MYR 12.1 million, and MYR 3.2 million in the subsequent periods [1] - The company has entered into cornerstone investment agreements with two investors, allowing them to subscribe for shares at a price of HKD 7 million each, subject to certain conditions [2] Group 3 - The estimated net proceeds from the share sale, assuming a share price of HKD 0.65, will be approximately HKD 56 million (around MYR 30.2 million) [2] - Approximately 65.2% of the proceeds will be used to strengthen the company's financial position, covering subcontracting costs, material costs, and machinery rental costs [2] - About 19.8% of the proceeds will be allocated for expanding the workforce to support regional growth, while 5.0% will be used for upgrading information systems and internal processes [2]