8610 IPO | BBSB INTL IPO FIRST-HAND SUBSCRIPTION AMOUNT HK$2828.24 FOR “CIVIL ENGINEERING CONTRACTOR”

$ BBSB INTL (08610.HK) $ The announcement was made that in the IPO on December 31-January 8, the company proposes to offer approximately 0.125 billion shares worldwide, which is expected to be listed on January 13, 2026 with an initial subscription amount of HK$2828.24.

BBSB INTL Company Profile

BBSB INTL is a Malaysian Civil Engineering Contractor with over 16 years of experience and specializes in providing bridge engineering services for large Transportation Infrastructure Construction projects. The Company's bridge engineering services consist mainly in the design and construction of large bridges of different structures and widths of various structures and widths of multi-span or bridge-related highways, roads and ancillary facilities. Contracted projects are mainly operated or owned by the Malaysian Government or a joint venture, usually due to large and complex government bridge designs and structures.

The Company generally subcontracts sub-contractors for labor-intensive works such as reinforced concrete structures, cast beam works and road construction works; and other works requiring professional techniques, such as drilling piling, soil surveying, environmental engineering, earthworks and geotechnical engineering, and the Company considers that The cost of holding internal capabilities is too high. BY APPOINTING SUBCONTRACTORS, THE COMPANY'S DIRECTORS BELIEVE THE COMPANY CAN FOCUS INTERNAL RESOURCES ON PROJECT MANAGEMENT AND SUPERVISION, QUALITY ASSURANCE, AND PROVIDE CUSTOMERS WITH COMPREHENSIVE VALUE ENGINEERING SERVICES.

BBSB INTL Financial Overview

BBSB INTL generated revenues of approximately 76.8 million hryvnias, 133 million hryvnias, 69.8 million hryvnias and 74 million hryvnias in fiscal 2003, fiscal 2014, and first six months of 2015. BBSB INTL recorded a net loss of approximately 14.5 million hryvnias in the fiscal year 2013, and recorded net profits of approximately 26.2 million hryvnias, 12.1 million hryvnias and 3.2 million hryvnias for the first six months of 2014, the first six months of 2014 and the first six months of 2015, respectively.

BBSB INTL FUNDRAISING PURPOSE

For funding purposes, BBSB INTL expects net proceeds from global sales to be approximately HK$56 million (assuming no overallotment options are exercised, based on the median sales price of HK$0.65). According to the tender offer, BBSB INTL intends to use the global IPO for the following purposes:

About 65.2% will be used to strengthen the company's financial position, to pay for the company's business expansion, including the upfront cost of dividing the cost of materials, and rental costs, and the upfront costs of hiring additional project managers to support the company's business expansion. Approximately 19.8% will be used for expansion personnel to support regional growth 5% will be used to upgrade and digitize News systems and internal processes. Approximately 10% will use the general operating capital of the working company.

Read more:BBSB INTL PROSPECTUS

The New Stock Gold Season Has Arrived! Upcoming Share Futures, 0 Interest, 0 Operating Fees, 0 Cash Purchase. The opportunity to participate and participate in the event is exempt from 1 year of renewal fees,Come and experience it >>

Note: The event is limited to Hong Kong users.