Highlights

IPO Malaysia

Author: kltrader   |   Latest post: Tue, 12 Jan 2016, 10:46 AM

 

IPO - Ranhill Holdings Berhad (RANHILL)

Author: kltrader   |  Publish date: Tue, 12 Jan 2016, 10:46 AM


Listing Detail:
Listing Sought: Main Market
Issue Price: RM 1.70
Par Value: RM 1.00

Dates:
Offer Period Open: 31-12-15
Offer Period Close: 29-01-16
Tentative listing date: 18-02-16

Number of shares:
Public Issue: 375,000,000
Offer for Sale: 100,000,000
Private Placement: -

Stock Code: RANHILL

Official Announcement

PUBLIC OFFERING OF UP TO 475,000,000 ORDINARY SHARES OF RM1.00 EACH IN RANHILL HOLDINGS BERHAD (RANHILL) (OFFERING SHARES) IN CONJUNCTION WITH THE LISTING OF AND QUOTATION FOR THE ENTIRE ISSUED AND PAID-UP CAPITAL OF UP TO 940,994,967 ORDINARY SHARES OF RM1.00 EACH IN RANHILL (SHARES) ON THE MAIN MARKET OF BURSA MALAYSIA SECURITIES BERHAD COMPRISING

(A) AN OFFER FOR SALE OF UP TO 100,000,000 EXISTING SHARES (OFS SHARES) AND

(B) A PUBLIC ISSUE OF UP TO 375,000,000 NEW SHARES (ISSUE SHARES), INVOLVING:

(I) INSTITUTIONAL OFFERING OF UP TO 354,180,000 OFFERING SHARES TO MALAYSIAN AND FOREIGN INSTITUTIONAL AND SELECTED INVESTORS, INCLUDING BUMIPUTERA INVESTORS APPROVED BY THE MINISTRY OF INTERNATIONAL TRADE AND INDUSTRY AT THE INSTITUTIONAL PRICE TO BE DETERMINED BY WAY OF BOOKBUILDING (INSTITUTIONAL PRICE); AND

(II) RETAIL OFFERING OF 120,820,000 ISSUE SHARES COMPRISING: - RESTRICTED OFFERING OF 65,994,965 ISSUE SHARES TO OUR EXISTING SHAREHOLDERS WHO WERE THE SHAREHOLDERS OF SYMPHONY HOUSE BERHAD AND WERE ENTITLED TO THE SCHEME OF ARRANGEMENT (AS DEFINED HEREIN), ON THE BASIS OF ONE (1) ISSUE SHARE FOR EVERY TEN (10) SYMPHONY SHARES (AS DEFINED HEREIN) HELD ON THE ENTITLEMENT DATE FOR THE SCHEME OF ARRANGEMENT (AS DEFINED HEREIN);

  • 36,000,000 ISSUE SHARES RESERVED FOR SUBSCRIPTION BY THE ELIGIBLE INDIVIDUALS (AS DEFINED HEREIN); AND
  • PUBLIC OFFERING OF 18,825,035 ISSUE SHARES TO THE MALAYSIAN PUBLIC,

AT THE RETAIL PRICE OF RM1.70 PER ISSUE SHARE (RETAIL PRICE), PAYABLE IN FULL UPON APPLICATION AND SUBJECT TO REFUND OF THE DIFFERENCE BETWEEN THE RETAIL PRICE AND THE FINAL RETAIL PRICE (AS DEFINED HEREIN), IN THE EVENT THAT THE FINAL RETAIL PRICE IS LESS THAN THE RETAIL PRICE SUBJECT TO THE CLAWBACK AND REALLOCATION PROVISIONS AND THE OVER-ALLOTMENT OPTION (AS DEFINED HEREIN). THE FINAL RETAIL PRICE WILL BE EQUAL TO THE LOWER OF (I) THE RETAIL PRICE; OR (II) THE INSTITUTIONAL PRICE.

Company Overview

Ranhill are a Malaysian conglomerate with interests in power and environment sectors. In the power sector, Ranhill develop, own and operate power generation assets. In the environment sector, Ranhill provide water supply services, operate water and wastewater treatment plants, and provide specialised services in the management and optimisation of water utility assets.

Address & Contact:

Level 15, Wisma Perkeso
155, Jalan Tun Razak, 50400 Kuala Lumpur
 

Tel:  03-2685 5200
Fax: 03-2685 5289
Email: info@ranhill.com.my
Web:  www.ranhill.com.my

In the News

SC approves Ranhill’s RTO

PETALING JAYA: The Securities Commission has finally given the green light for Ranhill Holdings Bhd to be on the Main Market of Bursa Malaysia through the reverse takeover (RTO) of Symphony House Bhd.

The corporate exercise was proposed on March 26 last year and was tweaked to include only its utility business worth RM800mil. Before that, Ranhill intended to do the RTO with its oil and gas businesses.

The deal involves the exchange of the entire issued and paid-up share capital of Symphony of up to RM66mil, comprising up to 660 million Symphony shares for up to 66 million new Ranhill Holdings shares. It is based on one Ranhill Holdings share for every 10 Symphony shares held.

It will also buy Ranhill Group Sdn Bhd, formerly Ranhill Power Sdn Bhd, for RM107mil and Ranhill Utilities Sdn Bhd for RM693mil at the issue price of RM1.60 apiece.

On top of that, it will buy the remaining 47.9% equity interest in RWT (Cayman) by Ranhill Holdings from Ranhill Utilities Sdn Bhd for US$25.42mil (RM96.85mil) but sell all its shares in Symphony through a management buyout for RM60mil.

-- The Star Online

  Be the first to like this.
 
maxkiller ranhill not close down??
12/01/2016 12:16
popcorn 1.7 too expensive...
99% sure it will drop at the first issue day, now many ppl short of cash~ let set target price 1.3~
18/01/2016 21:22
muscle Those who got tis ipo sure 101% die
18/01/2016 21:27

IPO - Red Sena Berhad (RSENA)

Author: kltrader   |  Publish date: Thu, 19 Nov 2015, 05:30 PM


Listing Detail:
Listing Sought: Main Market
Issue Price: RM0.50
Par Value: RM 0.01

Dates:
Offer Period Open: 18-11-15
Offer Period Close: 27-11-15
Tentative listing date: 10-12-15

Number of shares:
Public Issue: 800,000,000
Offer for Sale: -
Private Placement: 720,000,000

Stock Code: RSENA

Official Announcement

INITIAL PUBLIC OFFERING OF 800,000,000 NEW ORDINARY SHARES OF RM0.01 EACH IN RED SENA BERHAD ("PUBLIC ISSUE SHARES") TOGETHER WITH 800,000,000 FREE DETACHABLE WARRANTS ("WARRANTS") ON THE BASIS OF ONE (1) WARRANT FOR EVERY ONE (1) PUBLIC ISSUE SHARE SUBSCRIBED, AT AN ISSUE PRICE OF RM0.50 PER PUBLIC ISSUE SHARE COMPRISING: - 80,000,000 PUBLIC ISSUE SHARES TOGETHER WITH 80,000,000 WARRANTS BY WAY OF BALLOTING TO THE MALAYSIAN PUBLIC; AND - 720,000,000 PUBLIC ISSUE SHARES TOGETHER WITH 720,000,000 WARRANTS BY WAY OF PRIVATE PLACEMENT TO SELECTED INVESTORS, SUBJECT TO CLAWBACK AND REALLOCATION PROVISIONS, IN CONJUNCTION WITH THE LISTING OF RED SENA BERHAD ON THE MAIN MARKET OF BURSA MALAYSIA SECURITIES BERHAD.

Company Overview

Red Sena Berhad, an investment holding company, focuses on manufacturing, branding, marketing, and distributing banded packaged food and beverage products in Malaysia, Indonesia, the Philippines, Singapore, Thailand, and Vietnam. The company was incorporated in 2014 and is headquartered in Petaling Jaya, Malaysia. Red Sena Berhad is a subsidiary of Raintree F&B Sdn. Bhd.

Address & Contact:

1 First Avenue, Level 15.01,Bandar Utama
Petaling Jaya, 47800 Malaysia

Phone: +603 7651 7870
 

In the News

Red Sena earmarks 92% of proceeds for qualifying acquisition

​Red Sena Bhd, which plans to raise RM400 million, will earmark RM368 million for its qualifying acquisition, according to its prospectus.

Red Sena is a special purpose acquisition company (SPAC) specialising in food and beverage businesses. A SPAC has no revenue-generating assets at the time of listing.

"Our board believes that, upon completion of our IPO, the funds available to us as working capital would be sufficient for us to operate as a SPAC within the permitted time frame.

"We do not intend to pay any dividends prior to the completion of our QA," Red Sena said.

Red Sena's initial public offering (IPO) involves the sale of 800 million new shares at 50 sen each. The IPO includes a similar number of free detachable warrants on a one warrant-one share basis.

The company is scheduled to be listed on Bursa Malaysia's Main Market on December 10.

- The Edge Markets

Red Sena earmarks 92% of proceeds for qualifying acquisition - See more at: http://www.themalaysianinsider.com/business/article/red-sena-earmarks-92-of-proceeds-for-qualifying-acquisition#sthash.QcmA6kFJ.dpuf
  3 people like this.
 
speakup HA HA HA! good thing my ipo application rejected :-) thank u MIH for rejecting my application! otherwise open only, already lose money.
10/12/2015 14:33
Marina Sabarrr
10/12/2015 17:45
Arefiq84 Eatech in the making?in less than a month hopefully will shoot back up...
10/12/2015 23:07
Marina Agreed
11/12/2015 00:12
foodie I was advised never to touch a spac.
11/12/2015 00:15
9115 get the warrant. next month will see the result
11/12/2015 16:18
Marina Yes..hisbiscuss,cliq and sona..i really make money with the warrant
11/12/2015 18:11
fl888 Red is Angpow and the color of UMNO assembly, so Monday will fly with the Red shirts support.....
11/12/2015 18:27
James Wong Good management...confirmed hot later! Stay tuned! Buy company must buy good management with experience!
11/12/2015 18:28
ruslimz dont mention umno please........
11/12/2015 18:31

IPO - Kim Teck Cheong Consolidated Berhad (KTC)

Author: kltrader   |  Publish date: Tue, 3 Nov 2015, 03:27 PM


 

Listing Detail:
Listing Sought: ACE Market
Issue Price: RM 0.15
Par Value: RM 0.10

Dates:
Offer Period Open: 28-10-15
Offer Period Close: 12-11-15
Tentative listing date: 25-11-15

Number of shares:
Public Issue: 142,000,000
Offer for Sale: -
Private Placement: 91,745,000

Stock Code: KTC

Official Announcement

PUBLIC ISSUE OF 142,000,000 NEW ORDINARY SHARES OF RM0.10 EACH IN KIM TECK CHEONG CONSOLIDATED BERHAD AT AN ISSUE PRICE OF RM0.15 PER ORDINARY SHARE IN CONJUNCTION WITH KIM TECK CHEONG CONSOLIDATED BERHAD'S LISTING ON THE ACE MARKET OF BURSA MALAYSIA SECURITIES BERHAD.

Company Overview

Kim Teck Cheong Consolidated Berhad distributes third party brands of consumer packaged goods in East Malaysia. It distributes products, including dry, frozen, and chilled foods, as well as beverages; and non-food products, such as personal care, household, baby care, OTC drugs, and health supplements. The company also manufactures bakery products, as well as personal care products, and frozen and dry foods. In addition, it provides logistics services comprising warehousing and delivery services to external customers. Kim Teck Cheong Consolidated Berhad was founded in 1938 and is headquartered in Kota Kinabalu, Malaysia.

Address & Contact:

Lot 73, Jalan Kilang, SEDCO Light Industrial Estate
Mile 5, Jalan Tuaran, Kota Kinabalu, 88450
Malaysia

Phone: 6013 8110 111
Fax: 603 2727 3311

 

In the news

Sabah based Kim Teck Cheong to raise RM21m from IPO

KUALA LUMPUR: Sabah-based consumer package goods manufacturer and distributor Kim Teck Cheong Consolidated Bhd (KTC) plans to raise RM21.3mil in its initial public offering (IPO).

KTC said on Wednesday it plans to use the proceeds to expand its warehousing facilities, warehousing construction and equipment purchase, all amounting to RM14mil.

The remainder will be spent on working capital and listing expenses.

It is slated to list on the ACE Market of Bursa Malaysia at the end of November.

Under its IPO, KTC plans to issue 142 million new shares, or 27.83% of its share capital at 15 sen a piece.

Also, 34 million new shares will be made to the public, 16.255 million for eligible employees of the group and 91.745 million shared for selected investors.

The company said it had already identified institutional investors for the placement of shares, which comprise local insurance and unit trust funds.

KTC has a market size of about RM6.8bil in East Malaysia and RM33bil in West Malaysia, with 6419 sales and distribution points.
 

-- The Star

  3 people like this.
 
sufian572 This IPO sure will hit on the first day.get ready m8
18/11/2015 02:34
lee77 yes.. the IPO price is low and easy to "goring"
18/11/2015 12:39
Why7788 Hi..anyone using public bank to apply? Why the result hvn out?
19/11/2015 10:26
Asia88 The result only is out today.
23/11/2015 23:16
kahfai211 when can start goreng ktc?
24/11/2015 18:10
Mohd Fahmi Bin Jaes Start goreng 9.15-9.45am
24/11/2015 18:15
25/11/2015 07:09
Nelson Ng Chun Seng tp how much?
25/11/2015 09:22
buywithconviction I read some reports say RM0.24. Well above that already but it is penny stock and in good sector (F&B), so it might attract alot of interest.
25/11/2015 10:21
timing wow, 100% increase. goreng stock like aemulus
25/11/2015 11:00

IPO - Al-Salām Real Estate Investment Trust (ALSREIT)

Author: kltrader   |  Publish date: Sat, 5 Sep 2015, 08:07 PM


Listing Detail:
Listing Sought: Main Market
Issue Price: RM 1.00
Par Value: -

Dates:
Offer Period Open: 4-09-15
Offer Period Close: 15-09-15
Tentative listing date: 29-09-15

Number of shares:
Public Issue: 252,360,000
Offer for Sale: -
Private Placement: 240,760,000

Stock Code: ALSREIT

Official Announcement

THE INITIAL PUBLIC OFFERING OF 252,360,000 NEW UNITS IN AL-SALAM REAL ESTATE INVESTMENT TRUST ("UNITS"), SUBJECT TO THE CLAWBACK AND REALLOCATION PROVISIONS CONTAINED HEREIN, COMPRISING:-

(I) 240,760,000 NEW UNITS MADE AVAILABLE BY WAY OF PRIVATE PLACEMENT TO SELECTED INSTITUTIONAL INVESTORS AND SELECTED INVESTORS AT THE IPO PRICE OF RM1.00 PER UNIT, PAYABLE IN FULL UPON ALLOCATION; AND

(II) 11,600,000 NEW UNITS MADE AVAILABLE FOR APPLICATION BY THE MALAYSIAN PUBLIC AT THE IPO PRICE OF RM1.00 PER UNIT, PAYABLE IN FULL UPON APPLICATION, IN CONJUNCTION WITH THE LISTING OF AND QUOTATION FOR 580,000,000 UNITS ON THE MAIN MARKET OF BURSA MALAYSIA SECURITIES BERHAD.

Company Overview

Sector: Financials
Industry: Real Estate
Sub-Industry: REIT

Al-Salam Real Estate Investment Trust operates real estate investment trust. The Company conducts its business in Malaysia.

Address & Contact:

Address:
Unit 1-19-02, Level 19
Block 1, V Square, Jalan Utara
Selangor, 46200 Malaysia

Phone: 603-7932-1682
Fax: 603-7932-0692

Website: www.alsalamreit.com.my

In the news

Al-Salam Reit IPO sets sail amid Malaysia crisis

Bankers running the $60 million initial public offering for JCorp's real estate investment trust Al-Salam Reit hope a successful deal will give investors something to cheer as Malaysia grapples with political and economic uncertainties.

The listing of Al-Salam Reit, which is sponsored by the Johor state investment arm, is another important milestone for the Malaysian government in its efforts to promote Kuala Lumpur as a global centre for Islamic finance, a source familiar with the offering told FinanceAsia.

The IPO is likely to be highly domestic, though, due to its relatively small size and the Reit's underlying local assets and also because a weaker ringgit currency could put off some overseas investors, the source said.

Sole underwriter RHB started taking institutional and retail orders on Wednesday for the RM252.36 million Al-Salam Reit IPO, which features a total of 252.36 million units at RM1 each. JCorp will retain a 56.5% interest after the listing.
 
Both institutional and retail offerings will end September 9 and listing is set for September 22.

Malaysia is the world’s largest issuer of Islamic bonds, the most popular Shariah-compliant financial instruments also known as sukuk. The nation topped the table last year with total sukuk proceeds of $17.9 billion, more than twice the combined value raised by United Arab Emirates and Indonesia, which came second and third, respectively, according to data provider Dealogic.

Malaysia has also been promoting Shariah-compliant financial instruments linked to real assets such as property. Preparation started as early as 2005 when the Securities Commission issued the world’s first guideline for Islamic Reits.

Shariah-compliant Reits are required to limit their exposure to activities that are non-permissible under Islamic law. Rental income from non-permissible activities such as gaming, entertainment and manufacturing, and sale of tobaccos cannot exceed 20% of its total income. Shariah-compliant Reits are also forbidden to invest in hotels or resorts.

Johor-focused

The Al-Salam Reit’s portfolio will comprise commercial, retail, office, and industrial assets located mainly in Johor Bahru, Malaysia’s third largest city and home of the Legoland theme park.

Komtar JBCC, a four-level shopping mall located in Johor Bahru City Centre, is the largest asset with an appraised value of RM462 million, equivalent to 51% of Al-Salam Reit’s total appraised value of RM903 million.

Other assets include a twenty five-storey office building, a four-storey industrial plant, a hypermarket, and 27 stores under QSR Brands, an operator of KFC and Pizza Hut restaurants in Malaysia. The properties have a combined gross floor area of 1.91 million and a net lettable area of 1.52 million square feet.

At RM1 per unit, the annualised dividend yield is estimated to be 6.41% for the 2016 financial year, assuming a 99% distribution rate. By comparison, Malaysia’s three existing Islamic Reits - Axis Reit, Al-Aqar KPJ Reit and KLCC Reit – are yielding 5.23%, 6.49% and 4.79%, respectively.

Investors subscribing to Al-Salam Reit will enjoy a 218 basis points pick-up over the 10-year Malaysian sovereign sukuk and a spread of 424bps over 10-year US Treasuries. The 10-year Malaysian sukuk tightened 17bps on Tuesday, while the 10-year US Treasuries ended flat to yield 2.17%.

Al-Salam Reit will have a post-IPO market capitalisation of RM580 million.

Troubled nation

While Al-Salam Reit’s pricing is turning relatively cheaper against major government bonds as spreads tighten, overseas investors may be put off the Reg-S Malaysian ringgit-denominated IPO because of the weak local currency.

The Malaysian ringgit is Asia’s worst-performing currency so far this year and has depreciated nearly 20% since the beginning of the year to RM4.19559 per US dollar. The country is crippled by falling oil prices, the weakening of the Chinese yuan, as well as capital outflows amid political scandal surrounding the government and the prime minister.

Asia’s largest oil exporter has suffered severely from weak crude oil prices, which has plummeted since July after a slight rally in the middle of the year. Brent crude oil price for October delivery fell a hefty 8.4% on Monday to $49.56 per barrel, and is already 27% below the highest level this year reached in May.

In addition the country’s prime minister, Najib Razak, is embroiled in a corruption scandal as state fund 1MDB has allegedly deposited $700 million into his personal bank account. Not only did it spark a mass protest last week against the government, it also indirectly led to capital outflows and put the stock market under pressure.

The Kuala Lumpur Composite Index has lost 8.6% year-to-date.

According to Malaysia’s MIDF Amanah Investment Bank, a total of RM11.7 billion of foreign funds has exited the Malaysian bourse since the beginning of this year, compared with RM6.9 billion for the entirety of last year.

Moody’s said continued political uncertainty could dampen business sentiment and economic growth. It expects Malaysia’s economic growth to slow to 4.8% this year from 6.0% last year.

-- Finance Asia

 

  silentthregata likes this.
 
silentthregata seem good to me
08/09/2015 09:44
speakup good? why good? i dont see anything good.
08/09/2015 09:47
popcorn Post removed. Why?
21/09/2015 23:44
gforce2 http://www.mih.com.my/mih/images/content_images/Press_Release/press_release570.pdf
http://www.theedgemarkets.com/my/article/al-salam-reit%E2%80%99s-ipo-oversubscribed-296-times

They increased the retail portion of the IPO to cater to the oversubscription. So, if you had applied for the IPO, 100% chance of getting it. IPO Listing next week.
22/09/2015 11:05
yongyou :)

"Posted by popcorn > Sep 21, 2015 11:44 PM | Report Abuse

the company name sound Islamic~ The first thing come to my mind is ISIS... scare me away...
"
22/09/2015 11:07
DRwarrant Mercury securities Fair Value @ TP RM 1.20
22/09/2015 20:21
popcorn issue price quite high... wonder got ppl will buy it or not tmr~
28/09/2015 21:42

IPO - Aemulus Holdings Berhad (AEMULUS)

Author: kltrader   |  Publish date: Fri, 4 Sep 2015, 12:15 PM


Listing Detail:
Listing Sought: ACE Market
Issue Price: RM0.28
Par Value: RM 0.10

Dates:
Offer Period Open: 26-08-15
Offer Period Close: 3-09-15
Tentative listing date: 15-Sep-15

Number of shares:
Public Issue: 87,790,000
Offer for Sale: 43,885,000
Private Placement: 96,565,000

Stock Code: AEMULUS

Official Announcement

(A) PUBLIC ISSUE OF 87,790,000 NEW ORDINARY SHARES OF RM0.10 EACH IN AEMULUS HOLDINGS BERHAD (SHARES) COMPRISING:- (I) 21,943,000 NEW SHARES AVAILABLE FOR THE MALAYSIAN PUBLIC; (II) 13,167,000 NEW SHARES AVAILABLE FOR APPLICATION BY OUR ELIGIBLE DIRECTORS, EMPLOYEES AND BUSINESS ASSOCIATES (INCLUDING ANY OTHER PERSONS WHO HAVE CONTRIBUTED TO OUR SUCCESS); AND (III) 52,680,000 NEW SHARES AVAILABLE FOR APPLICATION BY WAY OF PRIVATE PLACEMENT TO SELECTED INVESTORS; AND

(B) OFFER FOR SALE OF 43,885,000 SHARES AVAILABLE FOR APPLICATION BY WAY OF PRIVATE PLACEMENT TO IDENTIFIED INVESTORS; AT AN ISSUE/OFFER PRICE OF RM0.28 PER SHARE PAYABLE IN FULL ON APPLICATION IN CONJUNCTION WITH THE LISTING OF AEMULUS HOLDINGS BERHAD ON THE ACE MARKET OF BURSA MALAYSIA SECURITIES BERHAD.

Company Overview

AEMULUS HOLDINGS BERHAD (“Aemulus” or the “Group”) was incorporated in Malaysia under the Act as a public limited company on 17 October 2014 as an investment holding company to undertake a proposed listing on the ACE Market of Bursa Malaysia Securities Berhad (“Bursa Malaysia”). Initially incorporated in 2004 as Aemulus Sdn Bhd (“ASB”), Aemulus and its subsidiary, Aemulus Corporation Sdn Bhd (“ACSB”) were co-founded by Ng Sang Beng, the Group’s Executive Director and Chief Executive Officer (“CEO”) and Yeoh Chee Keong, the Group’s Executive Director and Chief Operating Officer (“COO”).

Aemulus Holdings Berhad (“Aemulus” or the “Group”) is a leading Malaysian electrical and electronic engineering company in the semiconductor tester industry. The Group is primarily involved in the design, engineering and development of ATEs, used by semiconductor manufacturers and test companies before they are shipped for final assembly into devices and gadgets such as mobile phones, tablets, wireless routers and other wireless-enabled products. Aemulus currently caters to a wide range of consumer and industrial electronics industries locally and internationally, with an extensive clientele list of primarily large global multi-functional semiconductor test and assembly companies in Malaysia, Singapore, China, USA, South Korea, the Philippines, Thailand and Germany.

Address & Contact:

One Precinct, 1C-06-02, Lengkok Mayang Pasir
Bayan Baru, 10050 Penang, Malaysia

Email: info@yourdomain.com
Phone: +60 4 644 6399
Fax: +60 4 646 6799

Website: http://www.aemulus.com

 

In the news

Aemulus to list on ACE Market

Aemulus Holdings Bhd is looking to list on the ACE Market of Bursa Malaysia and will use the proceeds from its proposed initial public offering (IPO) for research and development (R&D) expenditure and working capital.

In a draft prospectus exposure on the Securities Comission website, the semiconductor tester firm said the fund raised will also used to purchase property, plant and equipment as well for marketing, branding and promotion.

Aemulus' IPO involves the public issue of 87.79 million new shares, of which 21.94 million shares for Malaysian public, 13.17 million for eligible directors, employees and business associates and 52.68 million for private placement.

There will also be an offer-for-sale of 43.89 million shares via public placement.

Aemulus is involved in the design, engineering and development of automated test equipment (ATE). Most of its customers are large multinational semiconductor manufacturers and semiconductor test and assembly companies.

It is focusing on further export penetration into the USA and China, which are among the key markets for consumer electronics.

Its current export markets include Singapore, China, USA, South Korea, Philippines, Thailand, Germany and Hong Kong.

Aemulus plans to upgrade its existing products, introduce new ATE, set up a new tester research laboratory to intensify and enhance R&D activities and expand its geographical presence.

Aemulus was co-founded by Yeoh Chee Keong and Ng Sang Beng, whereby the latter will be the group CEO.

For FY14, its net profit surged by eight-fold to RM8.03 million versus RM1.0 million in FY13. The Malaysian market made up 36.81% of the group's topline for FY14.

-- The Sun Daily

  Be the first to like this.
 
write2sam4 can go ka?
07/09/2015 10:48
winelim I wonder hlebroking can subscribe?
07/09/2015 10:51

IPO - Ikhmas Jaya Group Berhad (IKHMAS)

Author: kltrader   |  Publish date: Wed, 1 Jul 2015, 10:40 AM


Listing Detail:
Listing Sought: Main Market
Issue Price: RM 0.57
Par Value: RM 0.25

Dates:
Offer Period Open: 30-06-15
Offer Period Close: 07-07-15
Tentative listing date: 27-Jul-15

Number of shares:
Public Issue: 126,000,000
Offer for Sale: 56,000,000
Private Placement: 130,000,000

Stock Code: IKHMAS

Official Announcement

INITIAL PUBLIC OFFERING OF 182,000,000 ORDINARY SHARES OF RM0.25 EACH IN IKHMAS JAYA GROUP BERHAD ("SHARES") IN THE FOLLOWING MANNER:- (A) PUBLIC ISSUE OF 126,000,000 NEW SHARES; AND (B) OFFER FOR SALE OF 56,000,000 SHARES

Company Overview

Ikhmas Jaya Group Berhad (“IJGB” or the “Group”) was founded in 1992 by Dato’ Ang Cheng Siong (Group Managing Director), Dato’ Ir. Dr. Khoo Ping Sen (Group Executive Director) , Siew Mun Lout (Group Executive Director) and Yap Yoon Fatt (Head of Plant Division). The Group’s has its expertise in engineering and construction covering piling and foundation, bridges and buildings. Today, the Group has accumulated an extensive track record with a portfolio of completed projects for both the public and private sector summing up to a total contract value of approximately RM1.7 billion.

IJGB are highly recognised in the industry for its expertise and have been involved in a number of high profile projects such as Putra Bridge, the Klang Valley Mass Rapid Transit - Kajang Line, Kelana Jaya Light Rain Transit Extension , KL Eco City just to name a few. Armed with its own in-house design and engineering professionals, IJGB is well positioned as a total solutions provider that provides the Group with a competitive edge within the industry.

 
Address & Contact:

No. 35, 37 & 39, Jalan PJU 1A/41B, Pusat Dagangan NZX,
47301 Petaling Jaya, Selangor, Malaysia.

Email: info@yourdomain.com

Phone: 03 7885 0626 / 0612 / 0691
Fax: 03 7883 0720

Website: http://ikhmasjaya.com/

 

In the news

Ikhmas Jaya to invest RM32mil of IPO proceeds for new machinery

KUALA LUMPUR: Ikhmas Jaya Group Bhd plans to invest approximately RM32mil of its initial public offering (IPO) proceeds to purchase new construction equipment. 
 
Managing director Datuk Ang Cheng Siong said on Tuesday the investment would help the company leverage on many opportunities within the piling and construction industry. 
 
"Being listed will provide the company with a stronger platform to enhance our business and build a stronger corporate identity," he said at the company's prospectus launch. 
 
Ikhmas Jaya plans to invest about RM32mil of its IPO entails a public issue of 182 million shares of 25 sen each. The company intends to list on the Main Market of Bursa Malaysia on July 27. 
 
AmInvestment Bank is the adviser, sponsor, underwriter and placement agent for the IPO. 
 
Since its establishment in 1992, the company has completed projects for both the public and private sectors with a total contract value of RM1.7bil. 
 
Among its projects include the Putra and Prai bridges, Klang Valley Mass Rapid Transit-Kajang line, Kelana Jaya Light Rail Transit extension, Paradigm Mall and KL Eco City.
 
-- The Star

 

Labels: IKHMAS
  newbuddy likes this.
 
LaoLiu Different plp, different thinking. No right nor wrong. Worth then invest in it, if not, then invest into others.
26/07/2015 23:55
Stevecheahsw Piling King company!
27/07/2015 00:00
mahorse Public Issue 126 million. Offer for sale 56 million plus private placement 130 million. Total 312 million out of total shares issued of 520 million. Owners retained only 40% ??
27/07/2015 08:54
speakup INI KALILAH!!!!!
NOW OR NEVER!!!!
close eye.....HANTAM je!!!!
27/07/2015 09:23
speakup Ikhmas hired very powerful syndicate to goreng their share..... WATCHOUT!!!!
27/07/2015 09:24
LaoLiu goes on higher and higher !
27/07/2015 09:26
8wpwtmt8 Bought 50 lots at average price of 0.7186.
27/07/2015 09:30
LaoLiu you are lucky! Congratulation..
27/07/2015 09:31
speakup BUTA MONEY LAI LIAO! LAI LIAO!!!!!!!!!!
syndicate giving FREE MONEY.........
27/07/2015 09:44
8wpwtmt8 Quiet down already. 80 sen drops to 77 sen. Hope it will go sideways in the afternoon session. Tuesday still got chance to go up. Target price RM1.00.
27/07/2015 12:27


 

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