IPO Malaysia

IPO - Rhone Ma Holdings Berhad (RHONEMA)

kltrader
Publish date: Wed, 07 Dec 2016, 03:18 PM
kltrader
0 20,350
My collection of new IPOs in Malaysia and the background of companies going for IPO.

Listing Detail:
Listing Sought: Main Market
Issue Price: RM 0.75
Par Value: RM 0.50

Dates:
Offer Period Open: 29 Nov 2016
Offer Period Close: 06 Dec 2016
Tentative listing date: 19 Dec 2016

Number of shares:
Public Issue: 42,122,000
Offer for Sale: -
Private Placement: 26,000,000

Stock Code: RHONEMA

Official Announcement

PUBLIC ISSUE OF 42,122,000 NEW ORDINARY SHARES OF RM0.50 EACH IN RHONE MA HOLDINGS BERHAD ("SHARES") AT AN ISSUE PRICE OF RM0.75 PER SHARE PAYABLE IN FULL UPON APPLICATION COMPRISING:

(I) 8,300,000 NEW SHARES AVAILABLE FOR APPLICATION BY THE MALAYSIAN PUBLIC;

(II) 7,822,000 NEW SHARES AVAILABLE FOR APPLICATION BY THE ELIGIBLE DIRECTORS AND EMPLOYEES OF OUR COMPANY AND OUR SUBSIDIARIES ("GROUP") AND OTHER PERSONS WHO HAVE CONTRIBUTED TO THE SUCCESS OF OUR GROUP;

(III) 16,600,000 NEW SHARES AVAILABLE FOR APPLICATION BY WAY OF PRIVATE PLACEMENT TO BUMIPUTERA INVESTORS APPROVED BY THE MINISTRY OF INTERNATIONAL TRADE AND INDUSTRY, MALAYSIA; AND

(IV) 9,400,000 NEW SHARES AVAILABLE FOR APPLICATION BY WAY OF PRIVATE PLACEMENT TO SELECTED INVESTORS,

IN CONJUNCTION WITH OUR LISTING ON THE MAIN MARKET OF BURSA MALAYSIA SECURITIES BERHAD.

Company Overview

Rhone Ma Holdings Berhad, an investment holding company, engages in the manufacture, trading, marketing, and distribution of animal health products primarily in Malaysia. Its products include vaccines, pharmaceuticals, and feed additives. The company also provides diagnostic laboratory analyses and consultation services to the veterinary, agriculture, and food industries. In addition, it distributes and supplies food ingredients, such as starch sweeteners, bulking agents and others. Rhone Ma Holdings Berhad was incorporated in 2014 and is based in Petaling Jaya, Malaysia.
 
Address & Contact:

Lot 18A & 18B, Jalan 241 Seksyen 51A
Petaling Jaya, 46100 Malaysia

Phone: +603 7873 7355
Fax: +603 7873 7355
Website: http://www.rhonema.com/

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Discussions
Be the first to like this. Showing 6 of 6 comments

nazmanz

TP
TA Sec = 1.05
JF Apex = 1.00

2016-12-07 15:30

Mohd Fahmi Bin Jaes

Post removed.Why?

2016-12-08 18:00

shiby

if can reach tp as nazmanz mention.should be good enough

2016-12-09 22:54

nazmanz

Today 0.950..almost archive TP.

2016-12-26 16:47

nazmanz

today 1.000 dumpppp

2016-12-27 14:54

chong932

It is another Dancomech. You will regret if you sell now. The TP is RM1.50 in medium term.

2017-01-04 15:59

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