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Listing-bound Big Caring's fair value set at RM1.20 by MBSB Research

Malaysia Times desk Original: New Straits Times↗ 1h ago X

Photo: New Straits Times

KUALA LUMPUR: Big Caring Group Bhd, which is heading for a Main Market listing, has been given a fair value of RM1.20 by MBSB Research.

From the original report

This implies an 11.1 per cent upside from Big Caring's initial public offering (IPO) retail price of RM1.08.

MBSB Research said the valuation is based on 24 times its forecast earnings per share of five sen for FY2028.

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