Highlights
KLSE: BPLANT (5254)       BOUSTEAD PLANTATIONS BHD MAIN : Plantations
Last Price Today's Change   Day's Range   Trading Volume
1.61   -0.01 (0.62%)  1.61 - 1.63  194,600
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IPO Info

Key Data:
General Retail Institutional
Offer Period
Opening 27/05/2014 - -
Closing 27/05/2014 - -
Price
Issue Price 1.60 View RemarkIssue PrciceRepresenting the reference retail price stated in the Prospectus dated 27 May 2014 ("Prospectus") and is subject to adjustements against the institutional book building price and refund of any difference as stated in the Prospectus. - -
Par Value 0.500 - -
Units 1,600,000,000 - -
No of Shares
Public Issue 580,000,000 View RemarkNo of Shares - Public IssueComprising new ordinary shares of RM0.50 each in Boustead Plantations Berhad ("Issue Shares") - -
Offer for Sale 76,000,000 View RemarkNo of Shares - Offer For SaleComprising existing ordinary shares of RM0.50 each in Boustead Plantations Berhad held by Boustead Holdings Berhad ("Offer Shares") - -
Private Placement 163,570,500 View RemarkNo of Shares - Private PlacementComprising the the Institutional Offering as follows: 125,196,500 Issue Shares issued to Bumiputera investors approved by MITI 29,000,000 Offer Shares and 9,374,000 Issue Shares to other Malaysian institutions and selected investorsdoes not include the Over-allotment option of up to 64,000,000 Offer Shares granted by Boustead Holdings Berhad to AFFIN Investment Bank as the stabilising manager, as disclosed in the Prospectus - -
Time Table
Allotment Date 24/06/2014 - -
Listing Date 26/06/2014 - -
Issuing House MIH-5549 - -
ISIN Code MYL5254OO007 - -
Prospectus:
INITIAL PUBLIC OFFERING ("IPO") OF UP TO 656,000,000 ORDINARY SHARES OF RM0.50 EACH IN BOUSTEAD PLANTATIONS BERHAD ("BPB") (" IPO SHARES") COMPRISING AN OFFER FOR SALE OF UP TO 76,000,000 EXISTING BPB SHARES ("OFFER SHARES" ) AND A PUBLIC ISSUE OF 580,000,000 NEW BPB SHARES ("ISSUE SHARES") IN CONJUNCTION WITH THE LISTING OF AND QUOTATION FOR THE ENTIRE 1,600,000,000 ORDINARY SHARES OF RM0.50 EACH IN BPB ("BPB SHARES") ON THE MAIN MARKET OF BURSA MALAYSIA SECURITIES BERHAD IN THE FOLLOWING MANNER:

A. THE INSTITUTIONAL OFFERING OF UP TO 163,570,500 IPO SHARES COMPRISING UP TO 29,000,000 OFFER SHARES AND 134,570,500 ISSUE SHARES TO MALAYSIAN INSTITUTIONAL AND SELECTED INVESTORS, INCLUDING BUMIPUTERA INSTITUTIONAL AND SELECTED INVESTORS APPROVED BY THE MINISTRY OF
INTERNATIONAL TRADE AND INDUSTRY AT THE INSTITUTIONAL PRICE TO BE DETERMINED BY WAY OF BOOKBUILDING ("INSTITUTIONAL PRICE"): AND

B. THE RETAIL OFFERING OF UP TO 492,429,500 IPO SHARES COMPRISING UP TO 47,000,000 OFFER SHARES AND 445,429,500 ISSUE SHARES TO:


(I) ENTITLED UNITHOLDERS OF AL·HADHARAH BOUSTEAD REIT ("BREIT") (AS DEFINED HEREIN) PURSUANT TO THE RESTRICTED BREIT OFFERING (AS DEFINED HEREIN);

(II) ENTITLED SHAREHOLDERS OF BOUSTEAD HOLDINGS BERHAD ("BHB" ) (AS DEFINED HEREIN) PURSUANT TO THE RESTRICTED BHB OFFERING (AS DEFINED HEREIN);

(III) ELIGIBLE DIRECTORS AND EMPLOYEES OF BPB AND ITS SUBSIDIARIES ("BPB GROUP") AND PERSONS WHO HAVE CONTRIBUTED TO THE SUCCESS OF THE BPB GROUP, ELIGIBLE DIRECTORS AND EMPLOYEES OF BHB AND SPECIFIED DIRECTORS OF SELECTED SUBSIDIARIES OF BHB; AND

(IV) MALAYSIAN PUBLIC (AS DEFINED HEREIN),

AT THE RETAIL PRICE OF RM1.60 PER IPO SHARE ("RETAIL PRICE" ),

SUBJECT TO THE CLAWBACK AND REALLOCATION PROVISIONS AND OVER-ALLOTMENT OPTION AS SET OUT IN THIS PROSPECTUS.

THE RETAIL PRICE IS PAYABLE IN FULL UPON APPLICATION AND SUBJECT TO A REFUND OF THE DIFFERENCE IN THE EVENT THAT THE FINAL RETAIL PRICE (AS DEFINED HEREIN) IS LESS THAN THE RETAIL PRICE. THE FINAL RETAIL PRICE
WILL EQUAL THE INSTITUTIONAL PRICE, SUBJECT TO THE FINAL RETAIL PRICE NOT EXCEEDING THE RETAIL PRICE.
Analyze this stock with MQ Trader system

  3 people like this.
 
AmstrongKL I think in coming 1 or 2 years, companies with cash rich will have good opportunity to excel whereas companies with lots of bank borrowing will be in big trouble.
08/11/2017 18:19
TheContrarian Yippy, I don't get your 18.5 eps. Can you elaborate?
08/11/2017 20:20
Yippy68 sorry .i made a mistake..it is the profit margin base on two QR..eps is lower.
08/11/2017 21:38
Richshare Higher CPO price coupled with the sale of land in SPU, expect to have super good result and big improvement of NA in Q3. Hope and pray for a decent dividend soon.
09/11/2017 21:47
TheContrarian QR next week Bplant is expected to report EPS of above 30 sen. Hopefully there will be a bumper dividend of 25 sen.
10/11/2017 12:24
Yippy68 haha, even 10 sen will make me happy for a long time.
11/11/2017 07:04
yappy162 I don't agree. Dis share will collapse if Bplant do this deal and even the amount allocated for replanting will not be enough.
11/11/2017 15:39
speakup collapse = opportunity to buy more lor. simple as that.
11/11/2017 15:45
yappy162 IOI estimated more than RM600 mil needed to redo all the old botak plants. Dat means Bplant is paying about RM1.4 bil for a terrible plantation. Better to buy from Felda.
11/11/2017 15:48
Yippy68 @YAPPY162, Thank for your posting. We shall wait and see will bplant crash in DEC..I am in deed so surprised that bplant management did not do a good survey job before deciding to buy this piece of useless land. I thought they are so experience in palm oil plantation industry. .
12/11/2017 06:53
Yippy68 @ yappy,162 Btw, what is the price you target it will fall in DEC crash.
12/11/2017 06:56
yappy162 Wah, come to think of it if Bplant don't call the deal off, we sell first. Wait till Bplant go to about 1.40 sure the management will call the deal off after they do the complete due diligence. That's when we buy on the cheap, after the deal is call off the price will rise
12/11/2017 18:27
yappy162 Now rainy season can't do due diligence on the land right? So assume it take 2 months to do it after the rainy season, we sell down on Bplant until around March la. If world economy is bad some more, then palm oil prices become worse and price will narrow in about 1.30. Then wait to roughly the time of cancellation announcement of the deal only then we buy Bplant. Sure make money dis way one
12/11/2017 18:33
Yippy68 good idea,.. but i wonder how many people will follow us if we sell...may be LTAT will buy back , and push price even higher, and give you better dividend, and say ..you see, still has a lot of buyers even we made stupid decision to buy this land..haha
12/11/2017 22:03
TheContrarian Due diligence has already been completed, even S&P has been signed. What is pending is to obtain shareholders approval. Both Dutaland and Bplant shareholders must approve at their respective EGMs.
12/11/2017 22:27
yappy162 Anyone know when is Bplant EGM
13/11/2017 12:17
yappy162 TheContrarian, the completed due diligence is only basic one. Detailed due diligence is coming after this, see how IOI cancelled earlier deal with Duta even after due diligence
13/11/2017 14:15
TheContrarian Are you sure there's further due diligence to carry out?
13/11/2017 20:46
michael_jackson @yappy162, the deal is confirmed already....No more turning back....No more further detailed due diligence coming your way, unless you are dreaming.......Boustead Plantations defends planned acquisition and will proceed as usual.....In the case of Boustead Plantations, despite negative views from analysts, it appears to be confident it will reap gains from the investment and that it will prove to be a strategic move for the group.
14/11/2017 10:48
14/11/2017 13:27
pundekman bplant egm sure approve la...70+%
already held by boustead and ltat
14/11/2017 14:14
Yippy68 @michae[, good to have a person like you being so positive. i agreed that bplant management know exactly what they are doing.
14/11/2017 22:46
Yippy68 bplant existing Sabah land of 27000 hectares was purchased in years 2012/2023 of total cost 868.5 million, the same year, IOI plantation tried to acquire dutaland for 830 million but only 12000 hectares. comparatively, can we deny the fact that bplant management was much smarter to buy those land at a very cheap price. today, land price appreciated in Sabah, the existing 27000 hectarres should worth more than 1,850 millions if base on market value, ,so, bplant make 1 billion in 5 years.
15/11/2017 05:32
IlmuKhodam Bplant Win.
15/11/2017 09:52
free2invest Will have better dividend in coming QR3....trust me.
15/11/2017 17:56
chinvest17 I wish so, 4 sen dividend, please.
15/11/2017 18:53
IlmuKhodam 6cent...
16/11/2017 10:01
free2invest 5 sen
16/11/2017 10:51
nkk53 I am happy with 5 sen
16/11/2017 12:35
TheContrarian I want 25 sen.
16/11/2017 13:18
free2invest QR3 result release may be today.
16/11/2017 16:31
chinvest17 Last year this quarter was 5 sen.
Please at least maintain 5 sen.

Monthly production figure improve (10000 more than Sep).
Type Announcement
Subject MONTHLY PRODUCTION FIGURES (MINING / PLANTATION / TIMBER)
Description Monthly crop production figures for October, 2017
MONTH TODATE
BOUSTEAD PLANTATIONS BERHAD *95,376 *792,045
16/11/2017 22:02
Kinz please study, last year got 1 time profit from sales of land .
So got EPS 2.2 cents already good d .
16/11/2017 22:33
Yippy68 usually the announcement of QR is on Friday. ie today
17/11/2017 01:44
yappy162 So strange this Yippy68 talking, as if he is like relative or family member of Duta Yap? How he know all these numbers as though the land can appreciate $1 billion after 5 years. Now really sound more n more like a con job. Nobody will sell a land that is going to appreciate so much, then the EGM at Dutaland should prevent their selling la
17/11/2017 03:00
yappy162 Talk so much also no point becoz after the complete due diligence if Bplant cancel the deal the RM15 million they paid is refundable anyway what. So maybe we should go buy Bplant now since the deal will get cancelled. If anyone still keeping Butaland shares better drop it la
17/11/2017 03:10
rlch Last qtr EPS 1.42 sen still dreaming dividend coming 4-6 sen? Why i3 data show QR out 16th Nov still not out? Bad QR again?
17/11/2017 05:22
Yippy68 @yappy, kindly read 2016 annual report of Bplant page 159 you will get the answer. look like you are also holding a lot of bplant share.. good to be your comrades. i only mentioned the existing land that appreciated, read properly lah.
17/11/2017 09:01
InvestorAnalyst Dont look the past date. look at the trend for announcement. bplant always do announcement mid week. so probably next week mid week.
17/11/2017 09:22
TheContrarian EPS of QR ended 30/9 will be above 30 sen.
17/11/2017 09:30
free2invest Same opinion with you, the EPS should above 30 sen
17/11/2017 10:50
free2invest Yappy and Yippy are same person kah? Confused......
17/11/2017 10:51
IlmuKhodam should be 35 cent.
17/11/2017 11:00
TheContrarian Maybe 35 sen, maybe 39.99 sen.
17/11/2017 11:07
TheContrarian Yappy, Yippy, next to join will be Yuppy.
17/11/2017 11:08
Yippy68 hahaha, @yappy 162 is related to Duta Yap,sure not me. and we are from different category and also he is the great grandson of Yap Ah Loy, Yap Ah Loy was addressed as TAIKO YAP, Yaooy talk like his great ancestor.. I am just an Ikan BIlis.
17/11/2017 12:58
Yippy68 there is one called YOPPY, but never see him here, otherwise more confused.
17/11/2017 13:01
IlmuKhodam Maybe 50cent. ^^
17/11/2017 13:13
Yippy68 AUCTION CORNER, PRICE CONTINUE GOING UP.
17/11/2017 13:29
chan9301 One huge plantation stock repoted good profits. hope the same for our Bplant. cheers
17/11/2017 18:37


 

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