ACE Market
Industrial Products & Services (Heat Treatment & Engineering)
Shariah Compliant
Grade: B
Pioneer Heat Holdings Berhad
Bursa Ticker: Pioneer Heat Holdings Berhad | Listing Year: 2026
Offer Price
RM 0.25
Sifu Target Price
RM 0.25 (+0.0%)
Retail Oversubscription
-
Underwriter (IB)
Malacca Securities
Key Dates & Offering Details
Application Closing
03-Sep-2026
Listing Date
17-Sep-2026
Target P/E Ratio
-
Total Enlarged Shares
-
Free Float
-
MITI Special Allocation
No Tranche
Analyst Commentary & Hunter Insight
✅ WORTH IT (GRADE B+ — OPENS 12 AUG)
Syarikat penyedia perkhidmatan kejuruteraan mekanikal & rawatan haba (heat treatment / PWHT) untuk sektor Minyak & Gas, Petrokimia dan Loji Industri.
📊 Kewangan & Penilaian:
• Ditaja oleh Malacca Securities.
• Pertumbuhan PAT FY25 melompat +60.7% kepada RM5.16M (FY24: RM3.21M) dengan Revenue RM42.97M.
• Nisbah PE Terbitan sekitar 21.0x PE pada harga tawaran RM0.25.
🎯 Harga Sasaran (TP): RM0.30 - RM0.31 (Potensi Upside +20% hingga +24%).
Syarikat penyedia perkhidmatan kejuruteraan mekanikal & rawatan haba (heat treatment / PWHT) untuk sektor Minyak & Gas, Petrokimia dan Loji Industri.
📊 Kewangan & Penilaian:
• Ditaja oleh Malacca Securities.
• Pertumbuhan PAT FY25 melompat +60.7% kepada RM5.16M (FY24: RM3.21M) dengan Revenue RM42.97M.
• Nisbah PE Terbitan sekitar 21.0x PE pada harga tawaran RM0.25.
🎯 Harga Sasaran (TP): RM0.30 - RM0.31 (Potensi Upside +20% hingga +24%).
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