Highlights

IPO Malaysia

Author: kltrader   |   Latest post: Wed, 1 Jul 2015, 10:40 AM

 

IPO - Ikhmas Jaya Group Berhad

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: -

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

IPO - Sunway Construction Group Berhad (SUNCON)

Author: kltrader   |  Publish date: Tue, 30 Jun 2015, 10:47 AM


Listing Detail:
Listing Sought: Main Market
Issue Price: RM 1.20
Par Value: RM 0.20

Dates:
Offer Period Open: 29-06-15
Offer Period Close: 06-07-15
Tentative listing date: 28-07-15

Number of shares:
Offer for sale of up to 398,705,400 SCG Shares comprising of Institutional Offering of up to 327,595,900 OFS Shares and Retail Offering of 71,109,500 OFS Shares.

Offer structure:

  • Proposed Distribution-in-Specie of 13.3% of issued and paid up share capital of SCG to existing shareholders of Sunway Bhd. The distribution is on the basis of 1 SCG share for every 10 Sunway Bhd shares held at the entitlement date to be determined later
  • Proposed Offer for Sale of 31.0% of issued and paid up share capital to Institutional & Retail Investors
  • Sunway Bhd to retain control of 55.7% of SCG after proposed listing (before over-allotment option)

Stock Code: SUNCON

 

Official Announcement

OFFERING OF UP TO 573,715,301 ORDINARY SHARES OF RM0.20 EACH IN SUNWAY CONSTRUCTION GROUP BERHAD ("SCG") IN CONJUNCTION WITH THE LISTING OF SCG ON THE MAIN MARKET OF BURSA MALAYSIA SECURITIES BERHAD

 

Company Overview

Sunway Construction Berhad provides construction services in Malaysia, India, the Middle East, the Caribbean, and internationally. The company designs and builds various projects ranging from high-rise commercial and institutional buildings to high-tech manufacturing and industrial facilities, healthcare facilities, educational institutions, residential townships, and recreational parks. It also offers civil engineering services for the design and construction of highways, bridges, airports, major infrastructure works, and water treatment plants.
 
In addition, the company delivers precast products, such as architectural facade systems, decorative balustrades and panels, flooring systems, and infrastructural components for residential and commercial developments; provides mechanical, electrical, plumbing, and information technology solutions for the building and construction industry; and offers geotechnical design and foundation services.
 
Further, it provides construction plant and machinery rental services. The company was founded in 1976 and is based in Petaling Jaya, Malaysia. It has subsidiary locations in Petaling Jaya, Malaysia; Singapore; Hyderabad, India; and Abu Dhabi, United Arab Emirates. As of May 2015, Sunway Construction Berhad operates as a subsidiary of Sunway Construction Group Berhad.
 
Address & Contact:

Level 16 Menara Sunway Jalan Lagoon Timur
Bandar Sunway, Petaling Jaya, 46150 Malaysia

Phone: +603 5635 8889
Fax: +603 5634 1349
Website: http://www.suncon.com.my/

 

In the news

Sunway Construction making Bursa comeback

PETALING JAYA: Sunway Construction Bhd has come full circle, as it will be relisting on Bursa Malaysia for the second time after an 11-year absence.

The company is one of the few large public offerings that will make their debut in the market this year.

And while the listing could be fairly well-received by investors, this would also ultimately depend on the valuation that the offering will finally be fixed at.

Its major shareholders stand to gain the most from this relisting, as it was privatised at a valuation of five times earnings, against an indicative historical valuation of 12.5 times earnings when it goes public again soon.

The listing this time around will see parent company Sunway Bhd raising RM441.1mil at an indicative offer price of RM1.10.

Proceeds from the offer for sale will be used for Sunway Bhd’s working capital and would be mainly distributed back to its shareholders in the form of a special cash dividend.

Back in August 2004, Sunway Construction was privatised from the-then Kuala Lumpur Stock Exchange following a voluntary general offer by Sunway Bhd.

Sunway Construction, which was prior to that also known as Sungei Way Construction Bhd, remained a public-listed entity for seven years before it was privatised by its major shareholders.

Notwithstanding the improved valuations granted to the construction sector today, Sunway Construction could be an interesting proposition for investors coming on board, and may ride on the positive bias for the industry following the announcement of the 11th Malaysia Plan (11MP).

Despite this, market makers cautioned that what may work against the planned listing could be the overall market sentiment.

“Malakoff Corp Bhd’s lackadaisical performance since its listing this month, coupled with the overall sluggish market and concerns of a weakening ringgit, are negatives for any large offerings coming to the market now,” said a banker.

“The market seems to be wishy-washy on whether the bulls can take charge of this upcycle, but I feel we are still in the early stages of a new second major uptrend that can eventually sustain interest in such public offerings in the bigger picture,” a dealer said.

Post-Sunway Construction’s listing, it will become the largest pure play construction company in Malaysia.

Most other construction companies from among the bigger players such as Gamuda Bhd and IJM Corp Bhd also derive their earnings in part from the property industry.

Gamuda, which derives most of its earnings from the construction industry, also sees property revenue contributing 43.7% of its sales of RM1.22bil in the first half of its financial year ending July 31, 2015 (FY15).

IJM Corp, meanwhile, derives most of its earnings from the property industry and saw 47.3% of its overall pre-tax profit in the cumulative third quarter of its financial year ended March 31, 2015 being derived from the property sector.

IJM Corp only derived 14.7% of its pre-tax profit from the construction sector.

Sunway Construction, on its part, has an orderbook of RM3.4bil, with key construction projects being undertaken.

These projects include the Mass Rapid Transit Package V4, Light Rail Transit at the Kelana Jaya line extension, Bus Rapid Transit (BRT) – Sunway line, Afiniti Urban Wellness Centre, KLCC North East Carpark and KLCC Package 2.

The company may also be poised to benefit from the construction of more BRT lines should the Government decide to build more of such modes of public transportation, as it funded 15% of the Sunway BRT although it was a 70% Prasarana Malaysia Bhd-led project.

Prasarana had earlier indicated that the Government does intend to build more of such modes of public transportation, although those plans have not been finalised yet.

Sunway Construction had earlier also noted that since it is registered as a Grade 7 construction company with the Construction Industry Development Board, it can tender for contracts of unlimited upside value.

Its construction arm, Sunway Construction Group Bhd, which was a wholly owned unit of Sunway prior to its listing, had recorded a strong uptrend in earnings in the past three financial years.

In FY14 ended Dec 31, its construction arm posted a net profit of RM118.92mil on the back of an RM1.75bil revenue. This was a strong growth of 130% from FY13, while revenue also grew by 10% from RM1.59bil in FY13.

Moving forward, the stock and the wider sector may come under the spotlight again should interest pick up after some selling on the news following the announcement of the 11MP.

Despite some lacklustre sentiment following the announcement of the 11MP, analysts said the market could pick up again once it recovered from this lull, as long as earnings strength on the company-front remained intact.

Other dealers attributed the decline to some selling on the news action that was bound to be seen, especially after such an announcement.

-- The Star

 

  2 people like this.
 
LaoLiu Same here, 10 lots 1.280.
27/07/2015 23:01
popcorn LaoLiu, we can start enter buy queue now?
27/07/2015 23:03
damagpie Enter after stabilising agent finish kacau.
27/07/2015 23:04
LaoLiu popcorn,see tmr opening 1st.. 1.280, just estimate.
27/07/2015 23:08
damagpie Open high and terjun.
27/07/2015 23:16
Mohd Fahmi Bin Jaes Target open 1.25
27/07/2015 23:22
popcorn LauLiu, what I mean is you already know the counter code number and counter name? I only see the IPO counter when it appear in highest volume stock list... by that time, the stock already goreng few ticks... how they can enter buy queue so fast?
27/07/2015 23:44
timbermad buying also some lots. bullet alreaady stuck in Ikhmas
28/07/2015 01:33
macintouch sell off!!
28/07/2015 09:16
Mings Ooi Up and down
28/07/2015 11:15

IPO - Xin Hwa Holdings Berhad (XINHWA)

Author: kltrader   |  Publish date: Tue, 16 Jun 2015, 11:29 AM


Listing Detail:
Listing Sought: Main Market
Issue Price: RM 0.70
Par Value: -

Dates:
Offer Period Open: 11-06-15
Offer Period Close: 17-06-15
Tentative listing date: 30-06-15

Number of shares:
Public Issue: 37,782,000
Offer for Sale: 16,218,000
Private Placement: 42,000,000

Stock Code: XINHWA

Official Announcement

INITIAL PUBLIC OFFERING IN CONJUNCTION WITH OUR LISTING ON THE MAIN MARKET OF BURSA MALAYSIA SECURITIES BERHAD COMPRISING PUBLIC ISSUE OF 37,782,000 NEW ORDINARY SHARES AND OFFER FOR SALE OF 16,218,000 SHARES AT AN ISSUE / OFFER PRICE OF RM0.70 PER SHARE

Company Overview

Xin Hwa Holdings Bhd. is an investment holing company engaged in the provision of management services. The Company, through its subsidiaries, is a logistics service provider involved in land transport operations, warehousing and distribution operations.
 
Address & Contact:
No.2, Jalan Permatang 2
Kempas Baru
Johor Bahru
Johor, 81200 Malaysia
 
Phone: 607-252-2818
Fax: 607-2316900
Website: www.xinhwa.com
 

In the news

Xin Hwa en route to the Main Market of Bursa Malaysia

KUALA LUMPUR: Xin Hwa Holdings Bhd, an integrated logistics service provider based out of Johor yesterday launched its Prospectus pursuant to its Initial Public Offering (IPO) exercise in conjunction with its listing on the Main Market of Bursa Malaysia.

The securities of the company have been classified as syariah-compliant.

Through the IPO exercise, XHH intends to raise approximately RM26.45 million and will be used for business expansion (60.89 per cent), repayment of bank borrowings (14.18 per cent), working capital (11.65 per cent) and defrayment of listing expenses.

The IPO exercise entails a public issue and offer for sale of 37.78 million new ordinary shares and 16.22 million existing ordinary shares respectively, totalling 54 million ordinary shares at an issue price of RM0.70 per share.

Pursuant to the IPO exercise, there will be nine million shares available for application by the Malaysian public, three million shares available for application by eligible directors and employees, while 18.22 million shares will be available for application by Bumiputera Investors approved by the Ministry of International Trade and Industry.

The remaining 23.78 million shares made available for application by way of private placement to selected investors.

Public Investment Bank Bhd is the principal adviser, sole underwriter and sole placement agent for Xin Hwa’s IPO exercise.

Based on the issue price of RM0.70 per share and the enlarged issued and paid-up share capital of XHH of 180 million ordinary shares, the Company will have a market capitalisation of RM126 million.

Speaking at the launching, Ng Aik Chuan said: “This marks an important moment for the corporate history of Xin Hwa as we have reached the next phase of our IPO journey.

“We believe our strong fundamentals will put us in good stead and we are confident that we can deliver commendable performance in the coming years.”

Ng elaborated that the proceeds raised will be predominantly utilised for business expansion which includes the construction of a new warehouse in Pasir Gudang, Johor measuring approximately 220,000 sq ft and acquisition of additional 101 units of new vehicles such as prime movers and trailers.

The new warehouse is expected to commence operations in the third quarter of 2015 and the acquisition of vehicles will be done in stages over the next 24 months.

“Xin Hwa would continue to capitalise on its strengths to generate sustainable revenue from its existing business,” added Ng.

The close of application for the public issue is targeted on June 17, 2015 while the Company is slated to list on the Main Market of Bursa Malaysia Securities Berhad on June 30, 2015.

-- Borneo Post

Labels: XINHWA
  Yow Chee Kiat likes this.
 
nazmanz Hope can fly ..
22/06/2015 12:06
ahmadfaiz up up and away..
22/06/2015 15:37
bursa1818 No news
22/06/2015 17:08
supernova pending and pending
23/06/2015 12:26
supernova failed allotted in IPO
24/06/2015 09:17
popcorn bad timing for listing~
29/06/2015 23:10
nazmanz boleh laaa
30/06/2015 09:17
supernova ipo no giving fat fat meat like previous years
30/06/2015 09:21
Lim Elson 1.00 coming
30/06/2015 10:31
nazmanz fly fly fly but already selll..
21/07/2015 23:25

IPO - Sedania Innovator Berhad (SEDANIA)

Author: kltrader   |  Publish date: Wed, 10 Jun 2015, 06:52 PM


Listing Detail:
Listing Sought: ACE Market
Issue Price: RM 0.38
Par Value: RM 0.10

Dates:
Offer Period Open: 09-06-15
Offer Period Close: 18-06-15
Tentative listing date: 29-06-15

Number of shares:
Public Issue: 51, 467, 000
Offer for Sale: -
Private Placement: 41, 467, 000

Stock Code: SEDANIA

Official Announcement

PUBLIC ISSUE OF 51,467,000 NEW ORDINARY SHARES OF RM0.10 EACH IN OUR COMPANY AT AN ISSUE PRICE OF RM0.38 PER SHARE PAYABLE IN FULL ON APPLICATION IN CONJUNCTION WITH OUR LISTING ON THE ACE MARKET OF BURSA MALAYSIA SECURITIES BERHAD.

Company Overview

Sedania Innovator Berhad, an investment holding company, engages in the telecommunications and information technology business in Malaysia and Bangladesh. The company provides ATS solutions, including ATS Transfer that allows prepaid and/or post-paid mobile subscribers to transfer airtime credit to other prepaid subscribers on the same telecommunications network through SMS; and ATS Request, which enables prepaid mobile subscribers with low or zero credits to request airtime credit other prepaid or post-paid subscribers on the same telecommunications network through SMS. It also offers SMS broadcast, mobile billing, mobile content, Islamic content, and web portal services. The company was incorporated in 2013 and is based in Petaling Jaya, Malaysia.
 
Address & Contact:
Kelana Parkview Tower
Level 10 Jalan SS6/2
Petaling Jaya, 47301 Selangor
Malaysia
 
Phone: +603 7880 2001
Fax: +603 7880 6001
Website: www.sedaniainnovator.com
 

In the news

Mobile sharing-based Sedania to raise RM19.5m from IPO

KUALA LUMPUR: Telecommunications and IT business-based Sedania Innovator Bhd plans to raise RM19.55mil from its proposed listing on the Ace Market of Bursa Malaysia Securities Bhd.

In its prospectus issued on Tuesday, it announced it was selling 51.46 million new shares at an offer price of 38 sen each.
 
Sedania is offering for sale nine million shares to the public while one million units would be offered to the directors and entitled employees while the bulk of 41.46 million shares would be placed out.
 
Of the RM19.6mil, RM6.8mil will be for working capital, RM4.1mil for marketing expenses, RM4mil for capital expenditure, RM2.5mil for research and development and RM2.2mil for listing expenses. 
 
Managing director Datuk Azrin Mohd Noor said he intends to list the company on the ACE Market on June 29. 
 
The company provides airtime sharing solutions, including transfer that allows prepaid and/or post-paid mobile subscribers to transfer airtime credit to other prepaid subscribers on the same telecommunications network through SMS.
 
It also provides the airtime sharing request, which enables prepaid mobile subscribers with low or zero credits to request airtime credit other prepaid or post-paid subscribers on the same telecommunications network through SMS. It also offers SMS broadcast, mobile billing, mobile content, Islamic content, and web portal services. 
 
In July 2014, it acquired IDOTTV Sdn Bhd which is an aggregator (platform and service enabler) specialising in providing ancillary services to mobile subscribers by partnering services providers such as mobile network operators (MNOs) and utility companies for their infrastructure and gateway.
 
Its ATS platform used the MNOs infrastructure and gateway to offer customises solutions to the MNO subscribers.

~~ TheStar

Labels: SEDANIA
  2 people like this.
 
ohm1 Prospektus say Sedania already Maxis and Celcom in Malaysia, and wants to grow in Bangladesh, Indonesia and Indochina; so when more people have mobile phones their earnings fly too?
13/06/2015 13:32
Hiu Chee Keong any idea the fair/target price ?
16/06/2015 08:41
morazas Refer http://www.theedgemarkets.com/my/article/jf-apex-securities-recommends-investors-subscribe-sedania-shares
18/06/2015 12:31
supernova today last day to apply.
18/06/2015 12:37
madtrader wow company with cash and zero-gearing, worth to buy i suppose. too bad price might rocket up on first day of trading :( too late for meeeee
22/06/2015 11:26
supernova noted @ Ivestingbaby
22/06/2015 11:54
ahmadfaiz up up and away
22/06/2015 15:40
popcorn 5 out of 6 board directors are Malay~ hmmmm~ in business world, confident level will be high or low?
28/06/2015 23:44
BorneobinMalaya @popcorn BODs are young people. too young too make a lot of mistakes and for some reason its acceptable in business. wonder who is their mentor? NA-JIN?
29/06/2015 09:38
popcorn @BorneonbinMalaya NAJIN? the one has the prettiest wife in south east Asia?
29/06/2015 23:01

IPO - Dolphin International Berhad (DOLPHIN)

Author: kltrader   |  Publish date: Fri, 22 May 2015, 11:55 PM


Listing Detail:
Listing Sought: Main Market
Issue Price: RM 0.68
Par Value: RM 0.20

Dates:
Offer Period Open: 20-05-15
Offer Period Close: 28-05-15
Tentative listing date: 09-06-15

Number of shares:
Public Issue: 46,000,000
Offer for Sale: -
Private Placement: 22,750,000

Stock Code: DOLPHIN

Official Announcement

PUBLIC  ISSUE  OF  46,000,000  NEW  ORDINARY  SHARES  OF  RM0.20 EACH IN DOLPHIN INTERNATIONAL BERHAD AT AN ISSUE PRICE OF RM0.68 PER ORDINARY SHARE PAYABLE IN FULL UPON APPLICATION COMPRISING:

  • 15,000,000 NEW ORDINARY SHARES OF RM0.20 EACH AVAILABLE FOR APPLICATION BY THE MALAYSIAN PUBLIC;
  • 8,250,000 NEW ORDINARY SHARES OF RM0.20 EACH AVAILABLE FOR  APPLICATION  BY  THE  ELIGIBLE  DIRECTORS  AND EMPLOYEES  OF  DOLPHIN  INTERNATIONAL  BERHAD  AND  ITS SUBSIDIARIES  (“GROUP”)  AND  PERSONS  WHO  HAVE CONTRIBUTED TO THE SUCCESS OF OUR GROUP; AND
  • 22,750,000 NEW ORDINARY SHARES OF RM0.20 EACH BY WAY OF PRIVATE  PLACEMENT  OF  WHICH  2,500,000  NEW  ORDINARY SHARES  OF  RM0.20  EACH  ARE  OFFERED  TO  SELECTED INVESTORS AND 20,250,000 NEW ORDINARY SHARES OF RM0.20 EACH ARE OFFERED TO BUMIPUTERA INVESTORS APPROVED BY THE MINISTRY OF INTERNATIONAL TRADE AND INDUSTRY;

IN  CONJUNCTION  WITH  THE  LISTING  OF  DOLPHIN  INTERNATIONAL BERHAD  ON  THE  MAIN  MARKET  OF  BURSA  MALAYSIA  SECURITIES BERHAD

Company Overview

Sector: Industrials
Industry: Machinery
Sub-Industry: Agricultural Machinery
 
Dolphin International Berhad operates as an investment holding company. The Company, through its subsidiaries, sells, designs, and develops electro-automation, pneumatic, hydraulic and related proprietary systems and products and system hardware and software application solutions for the palm oil milling machineries sector in the palm oil industry.

The Dolphin group of companies (“Group”), founded in 1992, is currently operating in the palm oil milling machineries sector. The Group serves the growing demand for process integration and automation solutions and services, and seeks to enhance productivity, safety and efficiency in palm oil mills. The product offerings of the Group include milling systems and software as well as the supply of parts and maintenance services. The Group also has the ability to undertake the provision of turnkey and mechanical and electrical solutions.

Address & Contact:

No. 17 & 19, Jalan Puteri 5/20
Bandar Puteri
Puchong, 47100
Malaysia
Labels: DOLPHIN
  Be the first to like this.
 
kingofong BETUL KAH ?
08/06/2015 11:07
supernova sounds like dr.kim
08/06/2015 11:24
DRwarrant DOLPHINE SURE HOT IPO $$$$$$$
RM 1.00 ++ finger crossed $$$
09/06/2015 06:33
supernova here posted 1.00 other forum posted 1.28, so not consistent. ewwww
09/06/2015 09:15
supernova oiii sure ang pow, black market what rate now?
09/06/2015 10:28
Mtrade Dolphin is dying
09/06/2015 10:53
supernova Q buy or not to?

manyak murah now
09/06/2015 10:54
willian88 Q buy....
09/06/2015 11:05
supernova what price? pls share.
09/06/2015 11:07
stockker Lousy market, this is quite respectable. Hopefully, when I look back in three months time, I would say it was a good chance to buy.
09/06/2015 11:31

IPO - Malakoff Corporation Berhad (MALAKOF)

Author: kltrader   |  Publish date: Mon, 20 Apr 2015, 12:27 PM


MALAKOFF CORPORATION BERHAD

Listing Detail:
Listing Sought: Main Market
Issue Price: RM 1.80
Par Value: RM0.10

Dates:
Offer Period Open: 17-04-15
Offer Period Close: 28-04-15
Tentative listing date: 15-May-15

Number of shares:
Public Issue: 1,000,000,000
Offer for Sale: 521,740,000
Private Placement: -

Stock Code: MALAKOF

Official Announcement

INITIAL PUBLIC OFFERING (“IPO”) OF UP TO 1,521,740,000 ORDINARY SHARES OF RM0.10 EACH IN MALAKOFF CORPORATION BERHAD (“MALAKOFF”) (“IPO SHARES”) IN CONJUNCTION WITH THE LISTING OF AND QUOTATION FOR THE ENTIRE 5,000,000,000 ORDINARY SHARES OF RM0.10 EACH IN MALAKOFF (“SHARES”) ON THE MAIN MARKET OF BURSA MALAYSIA SECURITIES BERHAD COMPRISING AN OFFER FOR SALE OF UP TO 521,740,000 EXISTING SHARES AND A PUBLIC ISSUE OF 1,000,000,000 NEW SHARES (“ISSUE SHARES”) INVOLVING:

(I) INSTITUTIONAL OFFERING OF UP TO 1,279,240,000 IPO 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 242,500,000 ISSUE SHARES TO THE DIRECTORS OF MALAKOFF, THE ELIGIBLE EMPLOYEES OF MALAKOFF AND ITS SUBSIDIARIES (“MALAKOFF GROUP”), PERSONS WHO HAVE CONTRIBUTED TO THE SUCCESS OF THE MALAKOFF GROUP THE DIRECTORS AND ELIGIBLE EMPLOYEES OF MMC CORPORATION BERHAD (“MMC”), THE ENTITLED SHAREHOLDERS OF MMC
AND THE MALAYSIAN PUBLIC, AT THE RETAIL PRICE OF RM1.80 PER 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 OF RM1.80 PER ISSUE SHARE; OR

(II) THE INSTITUTIONAL PRICE.

Company Overview

Malakoff Corporation Berhad, an investment holding company, operates as an independent water and power producer company in Malaysia, Indonesia, the Middle East, and Australia. The company operates through Asset management, and Operations and Maintenance segments.

It generates, distributes, and sells electricity. The company is also involved in the design, engineering, procurement, construction, installation and commissioning, testing, and operation and maintenance of coal-fired electricity generating facility; and provision of engineering and project management services, as well as repair, overhaul, and other services to power plants.

In addition, it builds, owns, and operates an electricity distribution system and a centralized chilled water plant system; leases plant and equipment, and wind turbine assets; and finances wind farm project. Further, the company is involved in the land reclamation, and development and/or sale of reclaimed land activities.

Malakoff Corporation Berhad was incorporated in 1975 and is based in Kuala Lumpur, Malaysia.

 

Address & Contact:

MALAKOFF CORPORATION BERHAD (731568-V)
Level 10, Block 4, Plaza Sentral
Jalan Stesen Sentral 5
50470 Kuala Lumpur, Malaysia.
T: 603-2263 3388
F: 603-2263 3333
E: info@malakoff.com.my
W: www.malakoff.com.my

 

Labels: MALAKOF
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jolie2 same style like icon .Activate greenshoe or whatever shoe , also become alamak-off.
15/05/2015 10:26
. . No worries! Just hold on for couple of weeks!
15/05/2015 10:31
speakup MMC must be laughing all the way to the bank, selling off big chuck of Malakoff at twice the valuations of Tenaga & Ytlpower.
15/05/2015 10:44
nice1 Malakoff PE 21 times vs tnb 12

thanks all fund managers and retailers for support
15/05/2015 10:56
speakup BOCOR!!!!
1.79
15/05/2015 11:00
e1shi no worries, it just like astro ipo.. later will rebound
15/05/2015 12:01
mikurik ya agree with e1shi, those big fellow push downward caused more market panic and retailers to sell low, good to accumulate at low price
19/05/2015 11:17
trader1121 the question is how low is low
19/05/2015 11:50
mikurik Well we wouldn't know how low is low, as i believe only the big shark behind only will know coz is them who push the price downward, what we can do is purchase partial first, if continue drop, continue purchase to average down, as long as the company does well, sooner or later the price also will rise back
19/05/2015 12:07
ahmoi782 Guess this is the reason for the drop.
Maybank bought at lower price caused the price got lower.
http://www.thestar.com.my/Business/Business-News/2015/05/19/Maybank-IB-props-up-Malakoff-shares-on-third-day/?style=biz
20/05/2015 12:17


 

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