// Company Overview //
| Stock Name | BBSB International Limited |
|---|---|
| Stock Code | 08610 |
| Company Full Name | BBSB International Limited |
| Industry | 土木工程 |
| Principal Activities | 我們為一家於馬來西亞擁有超過16年經驗的土木工程承包商，專門為大型交通基礎建設工程項目作為承包商提供橋樑工程服務。 |
| Listing Date | 2026-01-13 |
| Listing Rules Era | New Rules (after Aug 2025) |
| Listing Rules Chapter | No data |
| Weighted Voting Rights (WVR) | No |
| Registered Address (Mainland China) | B–03–32, Block B Merchant Square No.1 Jalan Tropicana Selatan 1 PJU 3, 47410 Petaling Jaya Selangor Malaysia |
| Business Address (Hong Kong) | 香港 銅鑼灣 希慎道33號 利園一期 19樓1916室 |
| Place of Incorporation | 開曼群島 |
| Listing Method | 發售以供認購 + 發售以供配售 |
| Listing Board | GEM |
| Website | bbsbholdings.com.my |
| Share Registrar | 卓佳证券登记有限公司 (Tricor Investor Services Limited) |
| Registrar Contact | (852)2153 1688 |
| A-Share/US Dual Listing | No |
// Offering Information //
| Offering Mechanism | 机制B |
|---|---|
| Clawback Tiers | No data |
| Offer Period | 2025-12-31 to 2026-01-08 |
| Offer Price | HK$ 0.60 / shares |
| Offer Price Range | Final offer price only, no range |
| Lot Size | 4,000 shares |
| Entry Threshold | HK$ 2,400 |
| Par Value | No data |
| Global Offering Shares | 125,000,000 |
| HK Public Offering Shares | — (0.0%) |
| International Placing Shares | — (0.0%) |
| Offer Ratio | No data |
| Total Shares Post-IPO | 500,000,000 shares |
| Total Global Offering Size | HK$ 75,000,000 |
| Public Offering Size | HK$ — (0.0%) |
| Oversubscription Multiple | 10,745.1x |
| Valid Applications | 145,089 |
| Accepted Applications | — |
| Reallocation | No |
| Total Funds Raised | HK$ 75,000,000 |
| Subscription Multiple | 10,745.1x |
| Greenshoe (Over-allotment Option) | No |
// Valuation & Financials //
| Market Cap (at Offer Price) | HK$ 0 |
|---|---|
| Market Cap at Listing (HKEX) | HK$ 300,000,000 |
| Pre-IPO Valuation (Last Round) | No data |
| P/E Ratio | 不適用（公司處於虧損狀態） |
| Profit/Loss Status | 盈利約26.2百萬令吉 |
| Period-End Cash Balance | 人民币500,000元 |
| Listing Expenses | ~HK$ 25,000,000 |
| Listing Expenses / Funds Raised | No data |
| Total Pre-IPO Investment | No data |
// First Day Performance
| First Day Close | Loading... |
|---|---|
| First Day Open | HK$ 3.0 |
| First Day Change | 11.67% |
| First Day Volume | 120964000.0 |
| First Day Turnover | 180044000.0 |
// Price Chart //
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// Use of Proceeds
| Use of Proceeds | 1、約65.2%或19.7百萬令吉（相當于約36.5百萬港元）將用于加強財務狀況，以支付(a)主要包括分包成本、材料成本及機器租賃成本的前期成本及(b)聘請額外項目管理人員的前期成本，以支持業務擴展； 2、約19.8%或6.0百萬令吉（相當于約11.1百萬港元）將用于擴充人手以支持各地區增長； 3、約5.0%或1.5百萬令吉（相當于約2.8百萬港元）將用于本集團信息系統及內部流程的升級及數字化； 4、約10.0%或3.0百萬令吉（相當于約5.6百萬港元）將用作一般營運資金用途。 |
|---|
// Underwriting Syndicate //
独家保荐人 (1)
力高企业融资有限公司
整体协调人 (1)
力高证券有限公司
联席账簿管理人 (2)
力高证券有限公司
富中证券有限公司
联席牵头经办人 (7)
力高证券有限公司
富中证券有限公司
结好证券有限公司
宝新证券有限公司
华业证券有限公司
未来金融有限公司
华富建业证券有限公司
// Cornerstone Investors //
| # | Investor Name | Investment Amount | Shares Subscribed | % of Offer Shares | % of Total Shares | Lock-up Period | Est. Unlock Date |
|---|---|---|---|---|---|---|---|
| 1 | Choy Joo Seong | 6,998,400 HKD | — | 9.33% | — | 6 months | 2026-07-13 |
| 2 | Tan Nam Joo | 6,998,400 HKD | — | 9.33% | — | 6 months | 2026-07-13 |
// Directors & Management //
| Chairman | 陳拿督 |
|---|---|
| Company Secretary | 李美儀 |
No director data available.
// Major Shareholders //
| Major Shareholders & Holdings | BBSB Overseas（實益擁有人）持有375,000,000股股份，佔75%；陳拿督（受控法團權益）持有375,000,000股股份，佔75%；潘拿汀（配偶權益）持有375,000,000股股份，佔75%。 |
|---|
// Allotment Benchmarks //
Pool A (Small Subscriptions)
| Shares Applied | Applicants | Allottees | Expected Lots |
|---|---|---|---|
| 4,000 | 41,854 | 21 | 0.00 |
| 8,000 | 11,007 | 7 | 0.00 |
| 12,000 | 34,340 | 22 | 0.00 |
| 16,000 | 3,281 | 2 | 0.00 |
| 20,000 | 3,300 | 2 | 0.00 |
| 24,000 | 1,461 | 1 | 0.00 |
| 28,000 | 1,336 | 1 | 0.00 |
| 32,000 | 1,225 | 1 | 0.00 |
| 36,000 | 879 | 1 | 0.00 |
| 40,000 | 4,920 | 5 | 0.00 |
| 48,000 | 1,233 | 1 | 0.00 |
| 56,000 | 988 | 1 | 0.00 |
| 64,000 | 2,110 | 3 | 0.00 |
| 72,000 | 1,186 | 2 | 0.00 |
| 80,000 | 3,451 | 6 | 0.00 |
| 120,000 | 2,527 | 7 | 0.00 |
| 160,000 | 2,007 | 7 | 0.00 |
| 200,000 | 2,638 | 12 | 0.01 |
| 300,000 | 1,398 | 10 | 0.01 |
| 400,000 | 1,399 | 13 | 0.01 |
| 500,000 | 940 | 11 | 0.01 |
| 600,000 | 721 | 10 | 0.01 |
| 700,000 | 574 | 9 | 0.02 |
| 800,000 | 763 | 14 | 0.02 |
| 900,000 | 448 | 9 | 0.02 |
| 1,000,000 | 1,884 | 43 | 0.03 |
| 1,500,000 | 1,525 | 53 | 0.04 |
| 2,000,000 | 1,171 | 54 | 0.05 |
| 2,500,000 | 671 | 39 | 0.06 |
| 3,000,000 | 672 | 46 | 0.07 |
| 3,500,000 | 553 | 45 | 0.09 |
| 4,000,000 | 542 | 50 | 0.10 |
| 4,500,000 | 475 | 49 | 0.11 |
| 5,000,000 | 2,115 | 243 | 0.12 |
| 7,500,000 | 2,955 | 510 | 0.19 |
| 10,000,000 | 1,123 | 258 | 0.25 |
| 12,500,000 | 5,417 | 1,557 | 0.31 |
Allotment Benchmarks
