Highlights

IPO Malaysia

Author: kltrader   |   Latest post: Tue, 5 Jul 2016, 03:31 PM

 

IPO - HSS Engineers Berhad (HSSEB)

Author: kltrader   |  Publish date: Tue, 5 Jul 2016, 03:31 PM


Listing Detail:
Listing Sought: ACE Market
Issue Price: RM0.50
Par Value: RM 0.10

Dates:
Offer Period Open: 29 Jun 2016
Offer Period Close: 22 Jul 2016
Tentative listing date: 10 Aug 2016

Number of shares:
Public Issue: 63,816,200
Offer for Sale: 31,908,100
Private Placement: 39,885,200

Stock Code: HSSEB

Official Announcement

INITIAL PUBLIC OFFERING IN CONJUNCTION WITH THE LISTING OF HSS ENGINEERS BERHAD ("HEB") ON THE ACE MARKET OF BURSA MALAYSIA SECURITIES BERHAD COMPRISING:-

(I) PUBLIC ISSUE OF 63,816,200 NEW ORDINARY SHARES OF RM0.10 EACH IN HEB ("SHARES") ALLOCATED IN THE FOLLOWING MANNER:-

(A) 15,954,000 NEW SHARES AVAILABLE FOR APPLICATION BY THE MALAYSIAN PUBLIC;

(B) 7,977,000 NEW SHARES AVAILABLE FOR APPLICATION BY THE ELIGIBLE DIRECTORS, EMPLOYEES AND BUSINESS ASSOCIATES/PERSONS WHO HAVE CONTRIBUTED TO THE SUCCESS OF HEB; AND

(C) 39,885,200 NEW SHARES BY WAY OF PRIVATE PLACEMENT TO SELECTED INVESTORS; AND

(II) OFFER FOR SALE OF 31,908,100 SHARES MADE AVAILABLE FOR APPLICATION BY WAY OF PRIVATE PLACEMENT TO SELECTED BUMIPUTERA INVESTORS APPROVED BY THE MINISTRY OF INTERNATIONAL TRADE AND INDUSTRY,

AT AN ISSUE/OFFER PRICE OF RM0.50 PER SHARE, PAYABLE IN FULL UPON APPLICATION.

Company Overview

HSS Engineers Berhad, an investment holding company, provides engineering and project management services primarily in Malaysia. The company offers engineering services comprising engineering design; and construction supervision services in the areas of quality and safety, work progress, finance, and coordination. It also provides project management and construction management services; and building information modelling services.

The company undertakes railway, highway, airport, infrastructure, ports, townships, petro-chemical, bridges, drainage and irrigation, power plant, water, and town planning and development projects. HSS Engineers Berhad was founded in 2001 and is headquartered in Kuala Lumpur, Malaysia.

Address & Contact:

B1 (1-4), Block B, Plaza Dwitasik
No. 21, Jalan 5/106, Bandar Sri Permaisuri
Kuala Lumpur, 56000 Malaysia

Phone: +603 9173 0355
Fax: +603 9173 0939
Website: www.hssgroup.com.my
 

HSS Engineers aims to raise RM31.91 million from IPO

KUALA LUMPUR: HSS Engineers Bhd, an engineering and project management services provider, aims to raise gross proceeds of RM31.91 million from its initial public offering (IPO).

Executive director Datuk Kunasingam Sittampalam said about 75 per cent of the proceeds would be utilised for the group’s expansion plan into India and future ventures into the provision of support services for the water and power sectors in Malaysia.

He said a further 2.2 per cent (RM708,000) would be allocated for general working capital expenditure and another 12.6 per cent (RM4 million) for the repayment of bank borrowings.

“The balance of 10 per cent of the proceeds (RM3.2 million) will be utilised to defray listing expenses,” he told a press conference after the prospectus launch in conjunction with the company’s listing on the ACE Market of Bursa Malaysia here yesterday.

Under the IPO, the company is making a public issue of 63.82 million new shares at an issue price of 50 sen each.

Out of this, 15.95 million shares will be made available for application by the public, 7.98 million shares to eligible directors, staff and business associates while the remaining 39.88 million shares will be placed out to selected investors.

In addition, the company’s major shareholders is offering 31.9 million shares at 50 sen a share to approved Bumiputera investors.

At that price, the company will have a market capitalisation of RM160 million upon listing, tentatively on August 10.

Commenting on its expansion plan, Kunasingam said the group was looking at acquiring more infrastructure projects in India and West Asia.

“We already have our presence in both regions through our Building Information Model (BIM).

“Upon listing, we are scouting for projects in infrastructure areas,” he said.

He added that the group was looking to tap into India’s infrastructure market as it was one of the fastest growing economies in the world now.

As for West Asia, he said the group was eyeing to venture into Dubai and Qatar as these countries had pockets of opportunities to offer.

“Dubai which will host Expo 2020 will roll out a lot of infrastructure projects, as will Qatar which will be hosting the World Cup in 2022.

“These are the main drivers that will accelerate the infrastructure and we think there are opportunities available for us to participate,” said Kunasingam.

The company’s current orderbook stands at RM365.9 million which will last over the next two to five years.

While remaining focused on its engineering and project management services as well as BIM services, he said the group was gearing up for a proposed venture into a fourth core service which is facility management.

Moving forward, the outlook for the Malaysian engineering and project management services market is expected to remain positive supported by continuing development of various government-led infrastructure projects and sustained economic growth.

“This will continue to create demand and new opportunities for organic growth and long-term development of the group,” said Kunasingam. — Bernama
 

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Hiu Chee Keong Any target price by research houses ?
05/07/2016 22:13
IVAN2222 believe me ...tp
0.7 upon listing
06/07/2016 13:34
IVAN2222 I'm never make anyone disappointed...buy call
06/07/2016 13:35
IVAN2222 hss target price upon listing will hit rm0.7...believe me....
06/07/2016 13:35
Lanka HSS will hit 70 sen on maiden trading day. At 5pm it will announce that Chua Ma Yu is cornerstone investor. Remember in Malaysia rumours are often more real than fiction. Buy this IPO
14/07/2016 01:12
Lanka Rumours aside, HSS despite being owned by non bumis, boast some 71 per cent of their revenue directly coming from government contracts.Thats about 70m a year. HSs has an order book of 300m. With the government having some RM20b of contracts on its plate to award. HSS being the sole listed company in this field looks like it will have a great short of securing a lion share of the job. If this happens. HSS sooner rather than later will be a main board company.
14/07/2016 07:41
ipohunter I'm more interested in their BIM capabilities. Read somewhere that BIM is the future of construction, and there are no other BIM players in the market. There is potential to grow. Definitely a good buy.
15/07/2016 11:10

IPO - Dancomech Holdings Berhad (DANCO)

Author: kltrader   |  Publish date: Thu, 23 Jun 2016, 09:29 PM


Listing Detail:
Listing Sought: Main Market
Issue Price: RM0.75
Par Value: RM 0.40

Dates:
Offer Period Open: 23 Jun 2016
Offer Period Close: 12 Jul 2016
Tentative listing date: 21 Jul 2016

Number of shares:
Public Issue: 24,000,000
Offer for Sale: 16,000,000
Private Placement: 11,370,000 (part of Offer for Sale)

Stock Code: DANCO

Official Announcement

INITIAL PUBLIC OFFERING IN CONJUNCTION WITH OUR LISTING ON THE MAIN MARKET OF BURSA MALAYSIA SECURITIES BERHAD COMPRISING:

(A) PUBLIC ISSUE OF 24,000,000 NEW ORDINARY SHARES OF RM0.40 EACH (SHARES) IN THE FOLLOWING MANNER:

(I) 7,500,000 NEW SHARES AVAILABLE FOR APPLICATION BY THE PUBLIC;

(II) 2,503,000 NEW SHARES AVAILABLE FOR APPLICATION BY OUR ELIGIBLE DIRECTORS, EMPLOYEES AND PERSONS WHO HAVE CONTRIBUTED TO THE SUCCESS OF OUR GROUP;

(III) 13,997,000 NEW SHARES AVAILABLE FOR APPLICATION BY WAY OF PLACEMENT TO BUMIPUTERA INVESTORS APPROVED BY THE MINISTRY OF INTERNATIONAL TRADE AND INDUSTRY; AND

(B) OFFER FOR SALE OF 16,000,000 EXISTING SHARES IN THE FOLLOWING MANNER:

(I) UP TO 4,630,000 EXISTING SHARES BY WAY OF PLACEMENT TO BUMIPUTERA INVESTORS APPROVED BY THE MINISTRY OF INTERNATIONAL TRADE AND INDUSTRY; AND

(II) 11,370,000 EXISTING SHARES BY WAY OF PLACEMENT TO SELECTED INVESTORS;

AT AN ISSUE/OFFER PRICE OF RM0.75 PER SHARE, PAYABLE IN FULL UPON APPLICATION

Company Overview

Dancomech Holdings Berhad, an investment holding company, engages in trading and distributing process control equipment and measurement instruments in Malaysia, Italy, Indonesia, and internationally. The company offers valves, such as ball, butterfly, blowdown, check, diaphragm, gate, globe, pressure reducing, pressure safety/relief, solenoid, temperature control, and other valves.

It also provides actuators, chart recorders, expansion joints, flow products, level control equipment, positioners, premium explosion protection products, pressure gauges, rupture/bursting discs, sight glasses, steam traps, switches, tank protection devices, temperature gauge and instruments, and Y strainers.

It serves primarily EPCC contractors, engineering consultants, OEM hardware retailers, equipment manufacturers, and end users in the palm oil and oleochemical, oil and gas, petrochemical, and water treatment and sewerage industries. Dancomech Holdings Berhad was founded in 1989 and is headquartered in Shah Alam, Malaysia.

Address & Contact:

No 19 Jalan Pelukis U1/46, Temasya Industrial Park,
Seksyen U1, 40150 Shah Alam, Selangor
Tel : 03-5569 2929
Fax : 03-5569 2935/37
Enquiry: sales@dancomech.com.my
Web:  http://dancomech.com.my

 

Dancomech to raise RM18m from proposed IPO

Process control equipment and measurements instruments company Dancomech Holdings Bhd plans to raise RM18mil from its proposed listing on the Main Market of Bursa Malaysia.

Under its listing exercise, it said on Thursday it was offering for sale 24 million new shares of 40 sen each at an offer price of 75 sen.

Of the RM18mil, it will use RM6.5mil to buy new offices and stores while RM4.55mil would be used to repay borrowings and RM2.74mil as working capital.

According to its prospectus, of the 24 million new shares, it would offer for sale to public 7.50 million shares while 2.50 million units would be made available to eligible directors and employees while 13.99 million shares would be placed out to approved Bumiputera investors.

The major shareholders will offer sale 16 million existing shares of which 4.63 million will be placed out to approved Bumiputera investors and 11.37 million shares would be placed out to selected investors.
-- The Star

 

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probability Johnson Aik is one of the most dynamic...talented guy I have ever seen. This company surely got potential...
23/06/2016 22:03
24/06/2016 01:18
Drago Tian Ini macam ranhill ipo kalau oil and gas related
24/06/2016 01:33
Ng9486 apply?
11/07/2016 09:52

IPO - Salutica Berhad (SALUTE)

Author: kltrader   |  Publish date: Thu, 28 Apr 2016, 09:01 PM


Listing Detail:
Listing Sought: ACE Market
Issue Price: RM 0.80
Par Value: RM 0.10

Dates:
Offer Period Open: 28 Apr 16
Offer Period Close: 06 May 16
Tentative listing date: 18 May 16

Number of shares:
Public Issue: 78,000,000
Offer for Sale: 23,000,000
Private Placement: 71,900,000

Stock Code: SALUTE

Official Announcement

INITIAL PUBLIC OFFERING OF 101,000,000 ORDINARY SHARES OF RM0.10 EACH IN SALUTICA BERHAD (FORMERLY KNOWN AS BLUE OCEAN GENIUS SDN BHD) ("SALUTICA" OR THE "COMPANY") ("SHARE(S)") IN CONJUNCTION WITH THE LISTING OF AND QUOTATION FOR THE ENTIRE ENLARGED ISSUED AND PAID-UP ORDINARY SHARE CAPITAL OF SALUTICA ON THE ACE MARKET OF BURSA MALAYSIA SECURITIES BERHAD COMPRISING:-

(A) A PUBLIC ISSUE OF 78,000,000 NEW SHARES ("ISSUE SHARE(S)") IN THE FOLLOWING MANNER:-

(I) 19,400,000 ISSUE SHARES MADE AVAILABLE FOR APPLICATION BY THE MALAYSIAN PUBLIC;

(II) 9,700,000 ISSUE SHARES MADE AVAILABLE FOR APPLICATION BY OUR ELIGIBLE DIRECTORS AND EMPLOYEES AS WELL AS PERSONS WHO HAVE CONTRIBUTED TO THE SUCCESS OF SALUTICA AND ITS SUBSIDIARY;

(III) 10,100,000 ISSUE SHARES MADE AVAILABLE FOR APPLICATION BY WAY OF PRIVATE PLACEMENT TO INSTITUTIONAL AND IDENTIFIED INVESTORS; AND

(IV) 38,800,000 ISSUE SHARES MADE AVAILABLE FOR APPLICATION BY WAY OF PRIVATE PLACEMENT TO IDENTIFIED BUMIPUTERA INVESTORS APPROVED BY THE MINISTRY OF INTERNATIONAL TRADE AND INDUSTRY

(B) AN OFFER FOR SALE OF 23,000,000 EXISTING SHARES ("OFFER SHARE(S)"), MADE AVAILABLE FOR APPLICATION BY WAY OF PRIVATE PLACEMENT TO INSTITUTIONAL AND IDENTIFIED INVESTORS AT AN IPO PRICE OF RM0.80 PER ISSUE SHARE/OFFER SHARE, PAYABLE IN FULL UPON APPLICATION.

Company Overview

Salutica Berhad, an investment holding company, engages in the design, development, manufacture, and sale of consumer electronic products worldwide. It develops Bluetooth related devices, such as audio headsets, smartwatches, and car kits.

The company is also involved in the product conceptualization, design, development, manufacture, marketing, and sale of automotive accessories and consumer electronics devices, including Bluetooth-enabled TMPS and electronic sensors, tracking devices, and beacon transmitters under its FOBO brand.

In addition, it offers other electronics, and precision parts and components. The company serves multinational electronics and mobile communication device corporations.

Salutica Berhad sells its products through e-commerce sales on its Website, third party e-commerce platforms, and retail outlets. The company was founded in 1990 and is headquartered in Ipoh, Malaysia. Salutica Berhad is a subsidiary of Blue Ocean Enlightenment Sdn. Bhd.

Address & Contact:

3 Jalan Zarib 6, Kawasan Perindustrian Zarib,
31500 Lahat, Ipoh, Perak, Malaysia

Telephone: +605 320 6800
Fax: +605 322 2029
Web:  http://www.salutica.com

 

News: Bluetooth device maker Salutica eyes ACE Market

Salutica Bhd, an original design manufacturer of electronic components, is looking to list on the ACE Market of Bursa Malaysia with an initial public offering (IPO) of 101 million shares.

Salutica’s subsidiary Salutica Allied Solutions Sdn Bhd markets its own products including Fobo Tire, a tyre pressure monitoring system that uses Bluetooth technology to monitor tyre pressure.

In a draft prospectus exposure on the Securities Commission website, the company said the IPO comprises a public issue of 78 million new ordinary shares of 10 sen each in Salutica and offer for sale of 23 million existing Salutica shares.

The 78 million shares represents 20.1% of the enlarged issued and paid-up share capital of the company, of which 19.4 million will be issued to the Malaysian public, 9.7 million for eligible directors and employees as well as persons who have contributed to the success of the group, 10.1 million by way of private placement to institutional and selected investors and 38.8 million by way of private placement to identified Bumiputra investors.

The 23 million offer shares represents 5.9% of the enlarged and paid-up share capital of the company, for application by way of private placement to institutional and selected investors.

The gross proceeds from the public issue are expected to be utilised for repayment of bank borrowing (26.9%), capital expenditure (capex) (27.5%), research and development expenditure (15%), working capital (23.6%) and estimated listing expenses (7%).

In terms of capex, the group intends to acquire new machinery and equipment for its operations. It also intends to upgrade its IT infrastructure. “The purchase of new machinery and equipment, as well as the upgrade of our manufacturing facilities will enable us to increase our capacity, expand our product range, replace old machinery and improve our testing capabilities,” it said.

Salutica intends to adopt a “stable and sustainable” dividend policy after listing and intends to have a dividend payout of not less than 30% of its annual net profit attributable to shareholders.

For the financial year ended June 30, 2015, the group posted a net profit of RM27.41 million and revenue of RM192.52 million compared with net profit of RM60.12 million and revenue of RM204.13 million a year ago.

For the financial year ended June 30, 2014, Salutica Allied Solutions posted a net profit of RM23.75 million and revenue of RM234.21 million compared with a net loss of RM15.03 million and revenue of RM78.56 million the year before.

Salutica’s results largely reflect the financial performance of Salutica Allied, its sole operating subsidiary. The company completed a management buyout of Salutica Allied in September 2013, thus its group results for financial year ended June 30, 2014 (FY14) captures the financial performance of Salutica Allied for a 10-month period from Sept 4, 2013.

The last date of exposure for the IPO prospectus is Feb 16. RHB Investment Bank Bhd is the adviser.

-- The Sun Daily

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damiantreez can someone who using maybank2u confirm if salutica already available for application or not? My maybank2u does not have salutica ipo.
29/04/2016 10:22
Beza CIMB shows salutica in.
29/04/2016 10:34
damiantreez maybank not yet. anybody on maybank?
29/04/2016 11:09
wanpjsi Done by maybank
03/05/2016 22:28
1dejan2 http://klse.i3investor.com/blogs/rhb/95945.jsp
05/05/2016 10:32
1dejan2 http://www.theedgemarkets.com/my/article/public-invest-research-values-salutica-99-sen?type=Corporate
05/05/2016 10:33
Tro11ex Public investment bank: 0.99
RHB IB: 1.18
05/05/2016 10:42
Tro11ex TA: 0.95
Public Investment Bank at: 0.99
RHB Investment Bank: 1.18
Mercury: 1.00
05/05/2016 17:30
1dejan2 thanks for sharing. i think they Salutica will do well
05/05/2016 17:35
Investeye http://disclosure.bursamalaysia.com/FileAccess/apbursaweb/download?id=660&name=IN_ATTACHMENT
Hopefully my application will successful..
11/05/2016 10:29

IPO - LKL International Berhad (LKL)

Author: kltrader   |  Publish date: Wed, 27 Apr 2016, 09:31 AM


Listing Detail:
Listing Sought: ACE Market
Issue Price: RM 0.20
Par Value: RM 0.10

Dates:
Offer Period Open: 26 Apr 16
Offer Period Close: 04 May 16
Tentative listing date: 16 May 16

Number of shares:
Public Issue: 113,000,000
Offer for Sale: -
Private Placement: 42,200,000

Stock Code: LKL

Official Announcement

INITIAL PUBLIC OFFERING IN CONJUNCTION WITH THE LISTING OF LKL INTERNATIONAL BERHAD ("LKL INTERNATIONAL") ON THE ACE MARKET OF BURSA MALAYSIA SECURITIES BERHAD COMPRISING PUBLIC ISSUE OF 113,000,000 NEW ORDINARY SHARES OF RM0.10 EACH ("SHARES") IN THE FOLLOWING MANNER:-

- 8,000,000 NEW SHARES MADE AVAILABLE FOR APPLICATION BY THE MALAYSIAN PUBLIC;

- 13,200,000 NEW SHARES MADE AVAILABLE FOR APPLICATION BY OUR ELIGIBLE DIRECTORS, EMPLOYEES AND PERSONS WHO HAVE CONTRIBUTED TO THE SUCCESS OF OUR GROUP;

- 42,200,000 NEW SHARES MADE AVAILABLE BY WAY OF PLACEMENT TO SELECTED INVESTORS; AND

- 49,600,000 NEW SHARES MADE AVAILABLE BY WAY OF PLACEMENT TO BUMIPUTERA INVESTORS APPROVED BY THE MINISTRY OF INTERNATIONAL TRADE AND INDUSTRY;

AT AN ISSUE PRICE OF RM0.20 PER SHARE, PAYABLE IN FULL UPON APPLICATION.

Company Overview

LKL Advance Metaltech Sdn. Bhd. is Malaysia ‘s home grown medical furniture and equipment manufacturer, providing solutions for today’s healthcare sector. LKL specialize in a broad spectrum of products, namely medical beds, delivery beds, patient transport trolleys, medical carts, instrument trolleys, examination tables, overbed tables and other medical peripherals and accessories.

Address & Contact:

No 3, Jalan BS 7/18,
Kawasan Perindustrian Bukit Serdang,
Seksyen 7, 43300 Seri Kembangan,
Selangor, Malaysia

Tel : +603 8948 2990
Mobile: +6016 3328 242 / 016 2328 195
Fax : +603 8948 7904 / 8943 8487

Email: info@lklbeds.com
Web:  http://www.lklbeds.com/

 

News: LKL International to raise RM22.6mil from IPO

KUALA LUMPUR: LKL International Bhd, en route to listing on the ACE Market of Bursa Malaysia on May 16, plans to raise RM22.6mil in proceeds from the initial public offering (IPO).

LKL International’s unit, LKL Advance Metaltech Sdn Bhd, is principally involved in the provision of medical/healthcare beds, peripherals and accessories that are largely for hospitals, medical centres and various healthcare-related facilities.

In a statement on Tuesday, the company said based on the issue price of 20 sen apiece and the enlarged issued and paid-up share capital of LKL International of 428.8 million shares, it would have a market capitalisation of RM85.76mil.

“About 37.6% of the proceeds will be used for capital expenditure, whereby it plans to buy three Computer Numerical Control machinery, which will allow the group to increase its operating efficiencies and process inaccuracies by minimising wastages and lowering dependency on human labour.
 

“About 17.68% is allocated to repay bank borrowings, 33.65% as working capital and 11.06% to cover listing expenses,” it said.

On prospects, group general manager, Lim Pak Hong, said the local healthcare services industry remained resilient, as Malaysia registered a growth in total expenditure to RM41bil in 2013 from RM17.8bil in 2004.

“In the 11th Malaysia Plan, the Government announced its aim to achieve universal access to quality healthcare, and aims to increase the medical ratio from 1.9 beds to 2.3 beds per 1,000 population.

“We believe that these initiatives will augur well for the industry and for us,” he said.

According to the prospectus, which was launched on Tuesday, about 1.86% would be made available to Malaysian public through balloting, of which 50% would strictly be for bumiputra investors.

Approximately 3.08% would be allocated to eligible directors, employees and persons who contributed to the success of the company, 9.84% for selected investors and 11.57% for bumiputra investors who are approved by the International Trade and Industry Ministry.

The application for the public issue will close on May 4. -- Bernama

 
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ebook Target Price : 22cent - 26cent
06/05/2016 09:18
ironmania Write a comment..
KUALA LUMPUR: LKL International Bhd, en route to a listing on Bursa Malaysia ACE Market, has received an oversubscription rate of 92.84 times for its eight million shares made available for public subscription.

Told so.....hopefully get some for dinner...
07/05/2016 13:24
weijian RM400k ballot for 10000shares or RM2k shares. Worth it?
08/05/2016 10:59
13/05/2016 20:15
16/05/2016 08:31
16/05/2016 08:40
16/05/2016 08:49
VenFx $0.20 has been the projection from P.e. 14 x 2017's estimated profit. 
Anyway, funds love this sector very much, could possibly boost LKL to a higher premium.
16/05/2016 08:50
ironmania Stockmanmy said that lkl will be forgoten after 2 days of listing.....now 31cent..told u soo..
15/06/2016 00:21
ironmania 33cent..still not to be forgotten..
17/06/2016 00:24

IPO - Pecca Group Berhad (PECCA)

Author: kltrader   |  Publish date: Wed, 27 Apr 2016, 09:20 AM


Listing Detail:
Listing Sought: Main Market
Issue Price: RM1.42
Par Value: RM 0.50

Dates:
Offer Period Open: 29 Mar 16
Offer Period Close: 5 Apr 16
Tentative listing date: 19 Apr 16

Number of shares:
Public Issue: 47,796,000
Offer for Sale: 43,330,000
Private Placement: 53,526,000

Stock Code: PECCA

Official Announcement

INITIAL PUBLIC OFFERING OF 91,126,000 ORDINARY SHARES OF RM0.50 EACH IN PECCA GROUP BERHAD ("SHARES") IN THE FOLLOWING MANNER:- (A) PUBLIC ISSUE OF 47,796,000 NEW SHARES; AND (B) OFFER FOR SALE OF 43,330,000 SHARES

Company Overview

Pecca Group Berhad, an investment holding company, engages in the manufacture, styling, distribution, and installation of leather upholstery for car seat covers in Malaysia. It is also involved in the supply of leather cut pieces to the automotive leather upholstery industry; styling, manufacturing, distribution, and installation of car door trim covers and covers for car accessories, such as steering wheels, gearshift knobs, handbrake levers, console box, and operating manual book; provision of sewing services for fabric car seat covers, and wrapping and stitching services; and the supply of raw materials to the automotive upholstery industry.

The company serves OEM, PDI, and REM market segments. It also exports its products to the United States, the Netherlands, Thailand, Australia, Japan, New Zealand, Singapore, Indonesia, and the United Kingdom. Pecca Group Berhad was incorporated in 2010 and is headquartered in Kuala Lumpur, Malaysia.

Address & Contact:

No. 1, Jalan Perindustrian Desa Aman 1A
Industri Desa Aman, Kepong
Kuala Lumpur,  52200 Malaysia


Phone: 603 6275 1800
Fax: 603 6275 9867
Website: www.peccaleather.com

 

Labels: PECCA
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Hiu Chee Keong I will buy some when market fall back.
27/04/2016 09:22

IPO - Bison Consolidated Berhad (BISON)

Author: kltrader   |  Publish date: Wed, 30 Mar 2016, 09:36 AM


Listing Detail:
Listing Sought: Main Market
Issue Price: RM 1.10
Par Value: RM 0.20

Dates:
Offer Period Open: 04 Mar 16
Offer Period Close: 14 Mar 16
Tentative listing date: 29 Mar 16

Number of shares:
Public Issue: 80,620,000
Offer for Sale: -
Private Placement: -

Stock Code: BISON

Official Announcement

INITIAL PUBLIC OFFERING OF 80,620,000 ORDINARY SHARES OF RM0.20 EACH IN BISON CONSOLIDATED BERHAD ("BISON") ("IPO SHARES") IN CONJUNCTION WITH THE LISTING OF AND QUOTATION FOR THE ENTIRE 310,070,000 ORDINARY SHARES OF RM0.20 EACH IN BISON, COMPRISING THE PUBLIC ISSUE WHICH ENCOMPASSES:

(I) INSTITUTIONAL OFFERING OF 62,316,500 IPO SHARES COMPRISING: - 31,306,500 IPO SHARES TO MALAYSIAN INSTITUTIONAL AND SELECTED INVESTORS AT THE INSTITUTIONAL PRICE TO BE DETERMINED BY WAY OF BOOKBUILDING ("INSTITUTIONAL PRICE"); AND - 31,010,000 IPO SHARES TO BUMIPUTERA INSTITUTIONAL AND SELECTED INVESTORS APPROVED BY THE MINISTRY OF INTERNATIONAL TRADE AND INDUSTRY AT THE INSTITUTIONAL PRICE;

(II) RETAIL OFFERING OF 18,303,500 IPO SHARES COMPRISING: - 15,503,500 IPO SHARES TO THE MALAYSIAN PUBLIC; AND - 2,800,000 IPO SHARES MADE AVAILABLE TO THE ELIGIBLE PERSONS (AS DEFINED IN THE PROSPECTUS); AT THE RETAIL PRICE OF RM1.10 PER IPO SHARE ("RETAIL PRICE"), PAYABLE IN FULL UPON APPLICATION AND SUBJECT TO REFUND OF THE DIFFERENCE BETWEEN THE FINAL RETAIL PRICE (AS DEFINED IN THE PROSPECTUS) AND THE RETAIL PRICE IF THE FINAL PRICE IS LESS THAN THE RETAIL PRICE.

THE FINAL RETAIL PRICE WILL BE EQUAL TO THE INSTITUTIONAL PRICE PROVIDED THAT IT WILL NOT EXCEED THE RETAIL PRICE. THE INSTITUTIONAL OFFERING AND THE RETAIL OFFERING ARE SUBJECT TO THE CLAWBACK AND REALLOCATION PROVISIONS AS DESCRIBED IN THE PROSPECTUS.

Company Overview

Bison Consolidated Berhad, and investment holding company, operates a chain of press and convenience retail outlets under the trade names of myNEWS.com, newsplus, MAGBIT, THE FRONT PAGE, and WHSmith in Malaysia. Its stores offer print media such as newspapers, periodicals, magazines, and books; and convenience retail products, including tobacco, food and beverages, fresh food and snacks, prepaid mobile starter packs, personal hygiene products, grocery items, dairy products, and stationery, as well as consumer services comprising electronic payment services and at selected outlets, photocopying services, money transfer services, courier drop off services, and ATM services.

The company is also involved in the operation of food and beverage restaurants; commercialization of a publications; distribution of magazine; and provision of POS software, as well as the implementation, maintenance, and technical services relating to the software. Its retail network consists of 192 myNEWS.com outlets, 20 newsplus outlets, 3 MAGBIT outlets, 1 THE FRONT PAGE outlet, and 8 WHSmith outlets as at the LPD; and covers a total of approximately 144,226 sq. ft. of retail space. The company was founded in 1996 and is headquartered in Kuala Lumpur, Malaysia.

Address & Contact:

258-259, Jalan KIP 4, KIP Industrial Park
Kuala Lumpur,  52200 Malaysia

Phone: 603 6273 6366
Fax: 603 6277 4911

Web:  http://www.bisonconsolidated.com/home/

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