IPO FACTSHEET

COSMOS TECHNOLOGY INTERNATIONAL BERHAD (0261)

ACE MARKET | 6 OCTOBER 2022 | INDUSTRIAL PRODUCTS & SERVICES

IPO STATISTICS
IPO Price (RM) 0.35 Proceed Utilisation RM million

(RM22.44 million
from new issue)
Use of Proceed
Fund Raised (RM million) 22.44 from new issue Acquisition of new building 10.0
Enlarged issued share capital upon listing 256.50 Purchase of new machineries 3.5
(million shares) Repayment of bank borrowing 1.5
IPO Market Capitalisation (RM million) 89.78 Working capital 4.4
Price Earnings Ratio (PER) 15.51x Estimated listing expenses 3.0

BUSINESS OVERVIEW
Business Activities Competitive Advantages
Cosmos’ principal activities are segmented into the following:
i. Distribution and instrumentation services of fluid control and telemetry ▪ Certified partner and solution partner of Siemens Malaysia, and official
products such as Siemen’s electronic flowmeters and related products, partner of Lacroix Sofrel. Consistently achieve their sales targets and
Sofrel’s dataloggers and centralised monitoring systems used in the water and maintain positive customer services that meet Siemen Malaysia’s
wastewater applications. Its instrumentation services include, but are not standards and requirements.
limited to, consultation and advice, design and integration of telemetry ▪ Metal fabrication and customisation capabilities for a diverse range of
systems, installation and commissioning of instruments, calibration and fabricated metal products for its customers in the water, wastewater and
testing of instruments, maintenance, training, and after sales services. oil and gas industries.
ii. Manufacturing of fabricated metal products used mainly in water, ▪ Experienced management team providing the level of service that is
wastewater, and oil and gas applications. Its manufacturing facility is expected by its customers
equipped with high precision manufacturing technologies, including robotic ▪ Proven track record of 18 years in the water and wastewater industries,
welding machines to carry out its manufacturing and fabrication processes. and 12 years in metal fabrication and manufacturing business.
The company is also capable of customising fabricated metal products
according to its customers’ application needs. Its key fabricated metal Major Customers (FY2022)
product was the metal frame for shaker filters, alongside other metal
products used in water and wastewater applications.
Customer Length of % of revenue
Revenue by Geographical Markets Relationship
Domestic International (years)
Nov (Malaysia) Sdn Bhd 12 18.01
2022 41,443 7,677 National Oilwell Varco, Inc. 6 15.63
Nov Process & Flow Technologies 1 15.50
2021 29,483 4,240 Malaysia Sdn Bhd
2020 16,350 8,839 Air Selangor 5 9.84
M8 Machinery Sdn Bhd 4 7.90
International revenue was entirely from the US
GROWTH STRATEGIES AND FUTURE PLANS
▪ Acquisition of new building to consolidate the management, operations and production space of both distribution and manufacturing activities at one
location. The new building will also be used to set up a product showroom, a service and maintenance centre and to store the fluid controls inventories.
▪ Purchase of new machineries to increase manufacturing output, such as metal frames for shaker filters and other fabricated metal products in anticipation
of increase in demand and to reduce reliance on sub-contractors due to its limited production capacity. It is also aimed to expand its manufacturing capability
to produce metal body frames for shale shakers and other fabricated metal products internally.

FINANCIAL PERFORMANCE & PEER ANALYSIS

60 35.1% 40%
27.8%
Revenue and GP Margin

30.5%
Revenue Segmentation

Distribution Manufacturing
30%
40 2022
49.1 39% 61%
(FY2022)

20%
33.7
20 2021 53% 47%
25.2 10%

0 0% 2020 42% 58%

FY2020 FY2021 FY2022
Revenue (RM mil) GP Margin (%)

10 30%
Profit and Margin

8.2 20%
7.4
5 5.6 5.8
Peer Analysis

10%
No known public listed companies on Bursa Malaysia as comparable peer
2.0
1.2
0 0%
FY2020 FY2021 FY2022
PBT (RM mil) PAT (RM mil)
PBT Margin (%) PAT Margin (%)

PROMOTERS & SUBSTANTIAL SHAREHOLDERS

Promoter/ Substantial Shareholder Designation Shareholding after IPO
Direct Indirect
Dato’ Chong Toh Wee Promoter and substantial shareholder. Managing Director 40.50 -
MSM International Limited Promoter and substantial shareholder. Investment holding 27.00 -
Triumphant Hope Sdn Bhd Substantial shareholder. Investment holding - 27.00
Chan Kee Sieng Substantial shareholder - 27.00
Chan Kit Moi Substantial shareholder - 27.00

All information in the factsheet are extracted from the prospectus unless stated otherwise. Investors should make the investment decision by referring to the prospectus for full details.
Prepared by Bursa Digital Research. Kindly refer to the disclaimer on the last page.
DISCLAIMER: This report is provided for general information purposes only. Although care has been taken to ensure the accuracy of the
information within this report, Bursa Malaysia Berhad and its subsidiaries (“Bursa Malaysia Group”) do not warrant or represent, expressly
or impliedly as to the completeness, accuracy or currency of the information in this report. Bursa Malaysia Group does not endorse and shall
not be liable for any information in this report that have been obtained via third party sources (if any).

The information contained in this report is neither an offer or solicitation to enter into any transaction nor is it a recommendation or
endorsement of any product(s) mentioned in this report. The information also does not constitute legal, financial, trading or investment
advice. You are advised to seek independent advice and/or consult relevant laws, regulations and rules prior to trading/investing. Bursa
Malaysia Group does not accept any liability howsoever arising, including any liability arising from any trading/investment decisions made
on the basis of this information.

This report or any part of this report shall not be used or reproduced in any form without Bursa Malaysia Berhad’s prior written permission.