Tag: Mercury

Mercury Securities Achieves Healthy Performance for Q4FY2023

Mercury Securities Group Berhad (“Mercury Securities” or “Company”), today announced the Company’s consolidated financial results for the fourth quarter ended 31 October 2023 (“Q4FY2023”), marking a period of sustained growth. For Q4FY2023, the Group reported revenue of RM8.71 million, which signifies a notable increase of 19.93% from RM7.26 million in the preceding quarter (“Q3FY2023”), despite challenging market conditions domestically and internationally, underscoring the Group’s performance resilience. The stockbroking segment contributed RM6.35 million, while the corporate finance segment added RM2.36 million, reflecting the Group’s multi-channel revenue stream. Mercury Securities’ gross profit margin stood at 57.93% for Q4FY2023. The Profit Before Tax ... Read more

Mercury Securities Group Berhad’s IPO Shares Oversubscribed By 45.45 Times

Mercury Securities Group Berhad is pleased to announce that the share application from the Malaysian public for its initial public offering (IPO) which was open for 5 market days and closed on 5 September 2023 has been oversubscribed by 45.45 times. Mr. Chew Sing Guan, Managing Director of Mercury Securities Mercury Securities is an investment holding company and through its wholly-owned subsidiary, Mercury Securities Sdn Bhd (a Participating Organisation of Bursa Malaysia Securities Berhad (“Bursa Securities”) and a Recognised Principal Adviser by the Securities Commission Malaysia) (collectively “Group”) is principally involved in the provision of stockbroking, corporate finance advisory services ... Read more

Mercury Securities Group Signs Underwriting Agreement with Public Investment Bank for its IPO on the ACE Market of Bursa Malaysia

Mercury Securities Group Berhad has entered into an underwriting agreement with Public Investment Bank Berhad (PIVB) today for the Group’s upcoming initial public offering (IPO) on the ACE Market of Bursa Malaysia Securities Berhad.Mercury Securities is an investment holding company and through its wholly-owned subsidiary, Mercury Securities Sdn Bhd (a Participating Organisation of Bursa Malaysia Securities Berhad and a Recognised Principal Adviser by the Securities Commission Malaysia) (collectively “Group”) is principally involved in the provision of stockbroking, corporate finance advisory services and other related businesses such as margin financing facilities services, underwriting and placement services, as well as provision of ... Read more