CCH Holdings Prices IPO at $4 per Share, Raising $5 Million
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 2h ago
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Source: Globenewswire
- IPO Pricing: CCH Holdings Ltd has priced its initial public offering at $4 per share for 1,250,000 ordinary shares, aiming to raise a total of $5 million to support future expansion initiatives.
- Listing Plans: The company has received approval for listing on the Nasdaq Capital Market, with trading expected to commence on October 3, 2025, marking a significant milestone in its capital market journey.
- Over-Allotment Option: The company has granted underwriters an over-allotment option to purchase an additional 187,500 shares within 45 days post-offering closure, enhancing its financial flexibility.
- Diverse Use of Proceeds: Proceeds from the offering will be allocated towards expanding the restaurant network, brand building, and marketing, aiming to enhance market competitiveness and diversify its business operations.
Analyst Views on CCHH
About CCHH
CCH Holdings Ltd is a specialty hotpot restaurant chains in Malaysia, specializing in chicken hotpot and fish head hotpot. The Company offers catering services in Malaysia and outside Malaysia mainly under two brands, namely Chicken Claypot House for its chicken hotpot restaurants and Zi Wei Yuan for its fish head hotpot restaurants through a combination of restaurant outlets and franchised restaurant outlets. The Company operates or licenses approximately 32 restaurant outlets, among which there are 20 Chicken Claypot House restaurant outlets, four Zi Wei Yuan restaurant outlets, three Chicken Claypot House-Zi Wei Yuan cross-over restaurant outlets, three restaurant outlets under the brand Bibixian focusing on Teochew-style chicken hotpot, a food court, and a restaurant outlet under the brand Banbudian Bistro offering Sichuan cuisine. It also has over four franchised restaurant outlets located in three other countries, including Thailand, Indonesia and China.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
