Core Viewpoint - BBSB INTL, a Malaysian civil engineering contractor, made a strong debut on the Hong Kong Growth Enterprise Market, with its stock price surging by 400% to HKD 3 per share, reflecting high investor interest and demand [1][5]. Company Overview - BBSB INTL has over 16 years of experience in civil engineering, specializing in bridge engineering design and construction for large transportation infrastructure projects, primarily initiated by the Malaysian government or its affiliates [3][8]. - The company adopts a clear business model, subcontracting labor-intensive and specialized engineering tasks while focusing internal resources on project management and core value engineering [3][8]. Financial Performance - The company's revenue is projected to grow from approximately MYR 76.8 million in the fiscal year 2023 to MYR 133 million in 2024 [3][8]. - After recording a net loss of approximately MYR 14.5 million in fiscal year 2023, BBSB INTL successfully turned a profit in 2024, achieving a net profit of approximately MYR 26.2 million [3][8]. - However, the net profit for the first half of 2025 is reported at MYR 3.2 million, showing a decline compared to the same period last year [3][8]. Market Activity - The public offering of BBSB INTL was met with unprecedented enthusiasm, achieving a subscription rate of 10,745.13 times, indicating strong retail investor interest [2][6]. - The international placement portion saw a modest oversubscription of 1.01 times, contrasting with the overwhelming demand for the public offering [2][6].
获超万倍狂热认购！马来西亚工程股BBSB INTL港股首日暴涨400%，一手账面盈利近万元