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
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.
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
Chart | Stock Name | Last | Change | Volume |
---|
Malakoff (5264) Valuation:
1. TA - 2.09
2. RHB - 2.09
3. PIB - 2.18
4. Inter pacific - 2.10
5. CIMB - 2.20
6. KENANGA - 2.25
7. AffinHwang - 2.30
8. UOB - 2.40
9. BIMB - 2.00
Happy Trading guys!!
2015-05-15 01:25
no this is energy counter not tech..Yup big IPO BILLION..worry duplicate FGV from $ 4.55 almost loss 60% to $2.09...Good for trading not for long term..dependent to TENAGA only(Worry to bailout 10 MDB)
2015-05-15 07:25
Potential to be a blue chip of klci with the big scale of the business capacity
2015-05-15 07:26
Tenaga PE 10.4x
YTLPOWR PE 10.1x
.... MALAKOFF PE 20x!!!!! Their power plants made of gold????
2015-05-15 09:27
msia economy is very bad. you all think we still need so many power supply-kah ?? Very less manufacturing investment in msia. Everybody go to vietnam already-lah.
Somemore selangor also got water issue.. who want to build factory in selangor.
2015-05-15 09:32
MALAKOFF at 1.80 is already 2X more expensive than TENAGA or YTLPOWER.
Dividend less than FD.
So u better off buying TENAGA/YTLPOWER or put your money in FD than buy MALAKOFF.
2015-05-15 09:37
buy tune insurance better with this 1.8xxx price. You are insured from danger if you buy tune ins.
2015-05-15 09:40
shark also don't dare to goreng this stock. Afterward kena screwOFF by this malakOFF. More seller than buyer.
2015-05-15 09:49
those who fail get MALAKOFF ipo, now is your chance buy at IPO price.
BUT I dont suggest you do.
2015-05-15 10:04
gentlemen....think twiceeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeee
bested luckkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkk
never say U don't have luck....jz wan U add more luck
2015-05-15 10:07
same style like icon .Activate greenshoe or whatever shoe , also become alamak-off.
2015-05-15 10:26
MMC must be laughing all the way to the bank, selling off big chuck of Malakoff at twice the valuations of Tenaga & Ytlpower.
2015-05-15 10:44
Malakoff PE 21 times vs tnb 12
thanks all fund managers and retailers for support
2015-05-15 10:56
ya agree with e1shi, those big fellow push downward caused more market panic and retailers to sell low, good to accumulate at low price
2015-05-19 11:17
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
2015-05-19 12:07
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
2015-05-20 12:17
fifijalal
it has nothing to do with 1mdb...
2015-05-07 14:49