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Time now: Jun 1, 12:00 AM

Initial Public Offering (IPO)

KUALA LUMPUR: Malaysian tycoon Ananda Krishnan has mandated CIMB Investment Bank to advise him on the initial public offering (IPO) of Astro All Asia Networks plc in a deal expected to raise around US$1 billion (RM3.17 billion), in the fourth quarter, a source with direct knowledge of the deal said yesterday.

The IPO plan by Ananda, Malaysia's second-richest man, comes on the heels of a US$2.8 billion sale of his power assets and proposal to hive off a stake in his satellite operator Measat Global in March.

The listing of pay-TV firm Astro will consist only its domestic operation rather than a combination of both the domestic and overseas operations, said the source, who declined to be named as the talks are private.

"Other banks haven't come on board yet," the source said.

"And the listing won't happen that early, likely to be around the fourth quarter of this year."

Astro officials declined to comment when contacted.

The IPO could well become the third largest in Malaysia this year after palm oil giant Felda Global Ventures Holdings Bhd's US$3.4 billion deal and IHH Healthcare Bhd's US$2 billion planned flotation.

Malaysia's IPO market has defied a trend in other financial markets such as Singapore, where motor racing firm Formula One decided to postpone its near US$3 billion IPO due to volatile markets.

Shares of Gas Malaysia Bhd rose as much as 15 per cent in their debut trading yesterday after a US$230 million listing, overcoming negative sentiment surrounding a slump in global market flotations.

CIMB led Astro's delisting in 2010, in a deal that valued it at around US$2.8 billion. The investment bank also handled its original IPO in 2003, along with Goldman Sachs, DBS and UBS. Reuters

sapa dpat Gmsia, Fgv, IHH dan Astro boleh senyum lar tahun nie
 
base of supply and demand ? saya tak tahu lah .. saya predict je.. kalau base on supply and demand tu macam mana (dalam kes gasmsia ni) ? tq kerana membantu
 
bro target harga nie based on apa? Supply n demand ker

target analyst paling tinggi 2.60..:)

sapa dpat Gmsia, Fgv, IHH dan Astro boleh senyum lar tahun nie

peluang/rezeki jgn ditolak..usahakan via IPO MITI dan eIPO..:)cgrock

base of supply and demand ? saya tak tahu lah .. saya predict je.. kalau base on supply and demand tu macam mana (dalam kes gasmsia ni) ? tq kerana membantu

selagi tiada masalah ekonomi dunia yg ketara..kita harap Indeks Bursa meningkat..penganalisa ada menyatakan waktu yg sesuai utk jual adalah slps PRU..:)


p/s: bercadang nak tukar akaun CDS Syariah agar x terperangkap dgn kaunter mcm OLDTown.
 
tq bang :)sangat membantu.




target analyst paling tinggi 2.60..:)



peluang/rezeki jgn ditolak..usahakan via IPO MITI dan eIPO..:)cgrock



selagi tiada masalah ekonomi dunia yg ketara..kita harap Indeks Bursa meningkat..penganalisa ada menyatakan waktu yg sesuai utk jual adalah slps PRU..:)


p/s: bercadang nak tukar akaun CDS Syariah agar x terperangkap dgn kaunter mcm OLDTown.
 
target analyst paling tinggi 2.60..:)



peluang/rezeki jgn ditolak..usahakan via IPO MITI dan eIPO..:)cgrock



selagi tiada masalah ekonomi dunia yg ketara..kita harap Indeks Bursa meningkat..penganalisa ada menyatakan waktu yg sesuai utk jual adalah slps PRU..:)


p/s: bercadang nak tukar akaun CDS Syariah agar x terperangkap dgn kaunter mcm OLDTown.

tuan, mtk tunjuk ajar... Nape kalo lepas PRU baru sesuai jual. Leh explain sket tak
 
tuan, mtk tunjuk ajar... Nape kalo lepas PRU baru sesuai jual. Leh explain sket tak

slps PRU, rakyat telah memilih gomen yg mereka nak dan suasana ekonomi/politik menjadi lebih stabil dan keyakinan pelabur semakin meningkat..demand pun tinggi..:)
 
TT, tumpang tanya. apa beza CDS tu? camna nk tukar?

nk tau gk pe beza..counter syariah xsyariah tu kena alert sdri..klo tkr cds syariah ni order xaccept ke? :D
 
Bile niiii

205329_459064037439602_2076951001_n.jpg


fokus bulan Jun ini..:)
 
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