May 2024

value

RM 50 million

Total Dynamic Holdings Berhad (“Total Dynamic”), made a successful debut on the LEAP Market of Bursa Malaysia Securities Berhad on 27 May 2024.

Total Dynamic is principally involved in the development and provision of Integrated Logistics Management System (“ILMS”) and related services, consisting of the TDT GPS fleet management solutions (real-time and cloud-based fleet management software applications) and Dynamic Move logistics and warehouse management solution (real-time and cloud-based logistics and warehouse management software application).

Market capitalisation upon listing was RM50 million. Total Dynamic debuted at 27.5 sen, representing a premium of 7.5 sen or 37.5% against its reference price of 20 sen, reflecting strong investor confidence in its business model and growth prospects.

WYNCORP was the appointed Approved Adviser and Continuing Adviser for the listing, providing critical advisory services throughout the listing process.

Total Dynamic did not raise any funds from the listing, and there is no offer for subscription, or invitation to purchase the company’s shares. The listing involved a placement of its entire issued share capital of RM16.37 million comprising 250 million shares.

Prior to the listing, Total Dynamic had successfully raised RM5 million from a pre-listing share placement exercise to private investors and share issuance to employees to fund the company’s expansion, which include investment in a new server infrastructure for an alternate data centre, as well as opening of three new sales and service centres in Melaka, Sabah and Kedah respectively.