Skip to content

CASE STUDIES / TOMEI

Tomei debuts on Main Market with a market capitalisation RM120 million

SECTOR

Consumer Products & Services

SERVICE

IPO Advisory

VALUE

RM 120 million

Jul 2006

value

RM 120 million

Tomei Consolidated Berhad (“Tomei”) successfully listed on the Main Market of Bursa Malaysia Securities Berhad on July 2006.

Tomei is an integrated manufacturer and retailer of jewellery, principally involved in the designing and manufacturing of jewellery, retailing of jewellery and refining of gold and silver.

Market capitalisation upon listing was RM120 million.

The company raised RM7 million through the issuance of 15 million new shares at an issue price of RM0.50 each. The IPO was well-received, reflecting investor confidence in Tomei’s established brand and market presence.

WYNCORP was the appointed Co-ordinator for the listing, supporting Tomei in its strategic capital-raising efforts. The funds raised were utilized to expand retail outlets, enhance product offerings, and strengthen the company's position in the competitive retail sector.