Commenting on the group’s debut, Swift Haulage group chief executive officer Loo Yong Hui said the company will continue its commitment to strive for operational excellence.aws账号（www.2km.me）提供aws账号、aws全区号、aws32v账号、亚马逊云账号出售，提供api ，质量稳定，数量持续。另有售azure oracle linode等账号.
PETALING JAYA: Swift Haulage Bhd made its debut on the Main Market of Bursa Malaysia yesterday and rose to a high of RM1.13, which was a 10-sen premium over its initial public offering (IPO) price of RM1.03.
At 5pm yesterday, the stock closed seven sen below its IPO price, at 96 sen.
The integrated logistics service provider was the most actively traded stock with 158.56 million shares traded.
Commenting on the group’s debut, Swift Haulage group chief executive officer Loo Yong Hui said the company will continue its commitment to strive for operational excellence.
“Our enhanced capital base and expansion plans will serve to strengthen our capabilities and competitiveness in the industry.
“This will enable us to better capture growth opportunities as the global economic recovery resumes and deliver a sustainable growth strategy to meet shareholders’ expectations in value creation,” he said in a statement yesterday.
Additionally, Loo said the listing of Swift Haulage was the culmination of hard work and determination “by all those involved”.
“As such, on behalf of the board of directors, I would like to take this opportunity to commend the management and all the staff of Swift Haulage for their invaluable contributions, tireless dedication and unwavering commitment in making this listing possible.”
Being one of the largest listings of the year, Swift Haulage’s IPO raised approximately RM161.9mil and comprised a public issue of 157.14 million new shares and an offer for sale of 177 million existing shares, including the over-allotment option.
MIDF Investment was the principal adviser, joint lead bookrunner, joint bookrunner, managing underwriter and joint underwriter for the IPO.
AmInvestment was the joint lead bookrunner, joint bookrunner and joint underwriter, while Kenanga Investment Bank and UOB Kay Hian were joint bookrunners and joint underwriters for the IPO.
For its third quarter ended Sept 30, 2021, Swift Haulage reported a net profit of RM12.12mil on a revenue of RM139.25mil.
There are no comparative figures for the immediate preceding corresponding quarter and period, as this was the first interim financial report for the third quarter ended Sept 30, 2021 announced by the group in compliance with the listing requirements of Bursa Malaysia.
In its notes on its latest financial results, Swift Haulage said revenue during the quarter was mainly contributed by container haulage of RM203.2mil and land transportation of RM128mil, which represented 77% of the group’s total revenue.
“Our warehousing and container depot and freight forwarding business contributed RM55.6mil and RM43.6mil, respectively, to the total group revenue.”