reconsider license?dream laa...plant in MELAKA build delay n not suit PETRONAS needs sure after this RANHILL revanue lingkup... waaaa muz have to depend a lot on project in CHINA...
Those Buy RANHILL now crying like crazy.You are correct SANG-JERO. They delay the listing of RANHILL. Mati liao.....those buy now cryyyyy. Condolence.
All defined terms used in this Announcement shall have the same meaning as those defined in the Prospectus dated 4 July 2013 issued by Ranhill.
Pursuant to the announcement dated 4 July 2013, Ranhill wishes to announce that the Company has made a press release in connection with the suspension of the licence issued by Petronas to PRWSB, an affiliate of Ranhill and the deferment of the listing of Ranhill to a later date. A copy of the said press release is attached herewith.
This Announcement is not for publication or distribution, directly or indirectly in whole or in part, in or into the United States of America (“U.S.”) (including its territories and possessions, any state of the U.S. and the District of Columbia). This Announcement is not an offer for sale of the securities of Ranhill in the U.S. or any other jurisdiction where it is unlawful to do so. The securities have not been, and will not be, registered under the U.S. Securities Act of 1933, as amended (the “U.S. Securities Act”), and subject to certain exemptions, may not be offered, sold, pledged or transferred within or into the U.S., except pursuant to an exemption under the U.S. Securities Act. The securities are being offered and sold to investors outside the U.S. in offshore transactions in reliance upon Regulation S under the U.S. Securities Act.
two things can happen......1) Ranhill lobby to get back back the licence and a bit delay in listing....2) SC will investigate and stop the listing and refund............dont worry ranhill would not be allowed listing without the petronas license....I think 90% chances for REFUNDDDD
Why in the world ranhill license withdrwn during IPO time?its a nightmre and potential loss fr.everone.they (ptronas ) may has found something ver awful dring due dillignec assesment ,periodic reviews are normlly conducted on all pronas licnses holders t....
As expected, Ranhill Energy and Resources Bhd's RM753m initial public offering (IPO) seems to be back on track after Petroliam Nasional Bhd (Petronas) lifted a freeze on a licence owned by an affiiate company
Ranhill Energy And Resources Bhd semalam menarik balik permohonannya untuk mendapatkan penyenaraian dalam Pasaran Utama Bursa Malaysia Securities Bhd.
Dalam maklumannya kepada Bursa Malaysia, Ranhill Energy berkata ia telah membuat keputusan untuk menarik balik permohonannya bagi tawaran awam awal (IPO) sebanyak 407 juta saham biasa bernilai RM1 setiap satu, yang dikemukakan kepada Suruhanjaya Sekuriti Malaysia pada 14 Januari.
"Lembaga akan memastikan semua wang permohonan/penempatan bagi IPO itu dikembalikan kepada semua pemohon/pelabur tanpa faedah secara teratur dan tidak lewat daripada 7 Ogos," katanya.
Runhill mgt have been ignoring calls by petronas engineeers at site to expedite and accelerate the project and rectified problems.. Tan sri thought could "play-play" since thought many friends high up could help. but when call for ban comes from bottom and project engineers are willing to go through all the hassle to presenting the banning case; ranhill is dead for sure. Only handful of company being banned by petronas and most of them bungkus already. Upstream business for ranhill also going for bungkus as most engineers have been laid off or contract not renewed. better stay privatelah Tan sri.
serve him right !!! let them has a taste of play out also good They played out many shares holder when they said strike oil in Sudan and later found out to be empty well !!! i believe those who kena con from 10.00 drop to 70 sen sure can remember >
The contractor who built the RM690 million Serdang Hospital has refused to comment on the string of ceiling collapses since 2011, six years after the hospital opened its doors.
When contacted, Ranhill Bhd refused to say anything
Symphony house shares has been converted to RANHILL shares.....if previously you own symphony, now if you do stock check in your account, it is RANHIL...........
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This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
jester
852 posts
Posted by jester > 2013-07-09 09:38 | Report Abuse
The co looks like a good company. But the question is it better than others in the same industry?