West River Berhad, an upcoming ACE Market candidate, has delivered a strong set of results for the financial year ended 31 December 2024. The Group recorded revenue of RM122.74 million and net profit of RM11.46 million, representing an earnings per share (EPS) of 4.01 sen based on its enlarged share capital of 286.16 million shares. This performance underscores the company’s operational strength in the provision of mechanical and elec...
I wrote this after reading Malacca Securities’ latest IPO note on West River Berhad (WESTRVR), and I think it's a stock worth watching. West River is a Malaysian M&E engineering company specialising in electrical works, ACMV systems, and intelligent building solutions, with a growing presence in high-rise and industrial developments. Despite a slight YoY dip in FY24 revenue due to project timing, core segments remain strong, especially with demand pickin...
West River Berhad (“WESTRVR”) is poised to make its debut on the ACE Market of Bursa Malaysia on 5 May 2025, bringing to the market its integrated capabilities in mechanical and electrical (M&E) engineering services, air-conditioning and mechanical ventilation (ACMV), intelligent building solutions, and the manufacturing of electrical panels and distribution boards. With over 19 years of industry experience and a G...
【The Business Hidden Above Your Ceiling】West River IPO: Why I’m Paying Attention to This Company 2025’s IPO scene is buzzing… and today we’re diving into West River. There are only 17 hours left before the application deadline — after reading this, tell me: should we subscribe? When I first looked into this company — West River Berhad (WESTRVR, 0353) — the name made it sound like they were into “river...
$WESTRVR (0353.MY)$West River Berhad (WESTRVR) is a local based mechanical & electrical (M&E) engineering service provider, which is mainly involved in the provision of electrical engineering and air-conditioning and mechanical ventilation (ACMV) as well as intelligent building solutions. Additionally, it manufactures electrical panels and distribution boards for internal use and sale to third parties. Key Competitive Advantages 1) Synergistic growth through ...
West River$WESTRVR (0353.MY)$IPO 讲解 1) - YouTube Jshen 小红书 XHS encr.pw/7oBxx Figure 1: IPO timetable of West River Berhad -Will be listed on the ACE market Info of IPO Enlarged no. of shares upon listing: 357.7 million IPO price: RM0.39 Market capitalization: RM139.503 million Estimated funds to raise from Public Issue: RM27.901 million PE ratio = 12.17x (based on FYE2024) Figure 2: Business model of West River Ber...
WESTRVR Stock Forum
This performance underscores the company’s operational strength in the provision of mechanical and elec...
West River is a Malaysian M&E engineering company specialising in electrical works, ACMV systems, and intelligent building solutions, with a growing presence in high-rise and industrial developments. Despite a slight YoY dip in FY24 revenue due to project timing, core segments remain strong, especially with demand pickin...
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2025’s IPO scene is buzzing… and today we’re diving into West River.
There are only 17 hours left before the application deadline — after reading this, tell me: should we subscribe?
When I first looked into this company — West River Berhad (WESTRVR, 0353) — the name made it sound like they were into “river...
Key Competitive Advantages
1) Synergistic growth through ...
1) - YouTube
Jshen 小红书 XHS
encr.pw/7oBxx
Figure 1: IPO timetable of West River Berhad
-Will be listed on the ACE market
Info of IPO
Enlarged no. of shares upon listing: 357.7 million
IPO price: RM0.39
Market capitalization: RM139.503 million
Estimated funds to raise from Public Issue: RM27.901 million
PE ratio = 12.17x (based on FYE2024)
Figure 2: Business model of West River Ber...
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