Initial Public Offering (IPO)

[2bz4money]

MMC hires bankers for Malakoff US$1bil IPO

Wednesday August 15, 2012

KUALA LUMPUR: MMC Corp Bhd has hired four joint global coordinators for a US$1bil initial public offering (IPO) of its 51%-owned power unit, Malakoff Corp Bhd, two sources with direct knowledge of the matter told Reuters.

Plans for a 2013 relisting of the country's largest independent power producer come shortly after the state development firm snapped up power assets from tycoon T. Ananda Krishnan and conglomerate Genting Bhd for a combined RM10.8bil.

CIMB, Credit Suisse, JPMorgan and Maybank were selected as the joint global coordinators for the Malakoff Corp initial public offering, the two sources said, declining to be named because the plans have not been officially announced.

At least one other bank is likely to be involved as a bookrunner, one of the sources said.

MMC and Malakoff officials were not immediately available to comment.

Syed Mokhtar Al-Bukhary, named by Forbes as Malaysia's seventh-richest person, controls MMC and has been involved in other recent deals.

The reclusive tycoon took the ailing national carmaker Proton Holdings private earlier this year.

On June 11, MMC listed shares of its subsidiary Gas Malaysia Bhd - the country's sole supplier of natural gas to the non-power sector.

Since the listing, its shares have climbed 22.27% above its IPO reference price of RM2.20 per share.

MMC first de-listed Malakoff in 2006 in a privatisation deal worth some RM9.3bil, or RM10.35 per share. A cash cow, Malakoff recorded revenues of RM5.47bil in 2010, almost double the level in the fiscal year ended Aug 31, 2006, before it was eventually taken private. Reuters

 

[2bz4money]

Astro IPO for bumiputra priced at RM3.60

Wednesday August 15, 2012

PETALING JAYA: Astro Malaysia Holdings Bhd’s initial public offering (IPO) for bumiputra investors is said to be priced at RM3.60 per share, according to Reuters, citing a source with knowledge of the matter.

Citing another source, Reuters reported that the cornerstone investors would be offered more or less a similar price for Astro’s IPO.

The sole satellite TV services provider in Malaysia is expected to make its debut on the Main Market of Bursa Malaysia by the end of next month.

The relisting of Astro is expected to raise about US$1.5bil (RM4.67bil), making it the third-largest IPO in the country after Felda Global Ventures Holdings Bhd’s RM9.93bil flotation in June and IHH Healthcare Bhd’s RM6.3bil deal in July.

Astro unveiled its draft prospectus on the Securities Commission’s website last week. But the draft prospectus, which is for exposure until Aug 30, did not provide any details on the size of the company’s IPO or the time frame of its flotation process.

It had earlier been reported that Astro would allocate up to 597.69 million shares of its IPO for special bumiputra investors through the International Trade and Industry Ministry.

At an indicative price of RM3.60 per share, the IPO portion reserved for bumiputra investors would be valued at about RM2.15bil.

The offer for bumiputra investors opened late last week and would close at 4pm today.

In what seemed to be a move to position itself as a dividend play, Astro in its draft prospectus said it aimed to pay at least 75% of its consolidated profits as dividends annually.

Astro’s revenue had been on a steady upward trend since its financial year ended Jan 31 (FY10), increasing from RM3.24bil to RM3.66bil in FY11 and eventually to RM3.89bil in FY12.

Net profits including minority interests, however, showed a more erratic trend initially increasing from RM613.93mil in FY10 to RM827.48mil in FY11, then declining to RM629.62mil in FY12.

Trend for earnings before interest, taxes, depreciation and amortisation (EBITDA), however, showed an increasing trend as well from RM986.2mil in FY10 to RM1.37bil in the next year and then seeing further growth to RM1.41bil in FY12.

Astro’s net profit margins stood at 16.2% in FY12, while EBITDA margins were at 36.4%.

The company was previously listed on Bursa under Astro All Asia Networks Plc.

 

[zamans98]

WOot, Malakoff - target 15% up on day 1.

 

[aiman27]

x pun bro, info ni je yg ada..



ARKIB : 04/08/2012

Datasonic dijangka raih RM40.7j
Oleh Sarah Rohim Ahsan
[email protected]

KUALA LUMPUR 3 Ogos - Datasonic Group Bhd. (Datasonic) dijangka menjana dana sebanyak RM40.7 juta melalui tawaran awam permulaan (IPO) ekoran penyenaraian mereka di Bursa Malaysia.

Datasonic merupakan penyedia penyelesaian kad pintar dan kad pengenalan diri selamat di Malaysia.

Pengerusi Bebas Bukan Eksekutif, Tan Sri Mohamed Hashim Mohd. Ali berkata, daripada dana tersebut akan digunakan untuk perbelanjaan modal, modal kerja, penyelidikan dan pembangun (R&D) dan perbelanjaan penyenaraian.

''Sebanyak RM27.10 akan digunakan untuk perbelanjaan modal, RM6 juta R&D, RM5 juta modal kerja dan baki bagi perbelanjaan penyenaraian.

''Sebahagian daripada perbelanjaan modal yang diperuntukkan itu akan digunakan untuk membina ibu pejabat baru dan kilang pengeluaran kad pintar,'' katanya.

Beliau berkata demikian pada sidang akhbar selepas majlis pelancaran prospektus Datasonic di sini hari ini.

Prospektus tersebut telah dilancarkan oleh Timbalan Menteri di Jabatan Perdana Menteri, Datuk Ahmad Maslan.

Hadir sama Pengarah Urusan Datasonic, Datuk Hanifah Noordin, Ketua Pegawai Eksekutif Alliance Investment Bank Bhd., Rafidz Rashidi, Ketua Pegawai Eksekutif HwangDBC Investment Bank Bhd., Mahesh Rupawalla dan Timbalan Pengarah Urusan Datasonic, Chew Ben Ben.

Tambah Mohamed Hashim, penyenaraian syarikat di Bursa Malaysia nanti adalah bertujuan untuk mengembangkan perniagaan mereka bukan sahaja di peringkat tempatan tetapi rantau ini.

"Untuk mengembangkan perniagaan di peringkat rantau kami memerlukan modal dengan penyenaraian ini ia dapat membantu.

"Selain itu, peluang untuk menerima lebih banyak projek apabila disenaraikan kelak adalah lebih cerah berbanding sekarang.

"Penyenaraian akan mengukuhkan profil syarikat dan memberikan akses mudah kepada pasaran modal apabila diperlukan dan sekaligus memberikan nilai kepada Kumpulan dan pemegang saham,'' jelasnya.

Datasonic akan menerbitkan 20,373,996 saham biasa baru bagi RM0.50 sesaham.

Sebanyak 6,000,000 saham baru untuk awam, 4,009,996 saham baru kepada pengarah, kakitangan layak dan mereka yang menyumbang kepada syarikat, 8,517,000 saham baru untuk permohonan pelabur bumiputera yang diluluskan oleh Kementerian Perdagangan Antarabangsa dan Industri (MITI) dan 1,847,000 saham baru kepada pelabur terpilih.

IPO itu turut menawarkan tawaran jualan sehingga 7,932,000 saham sedia ada untuk pelabur terpilih dengan harga terbitan ditetapkan pada RM2.00 sesaham.

Datasonic dijangka disenaraikan di Bursa Malaysia pada 3 September 2012.

Datasonic pada masa ini mempunyai buku tempahan bernilai RM531 juta.

"Di masa ke hadapan, mereka berharap untuk menerima lebih banyak kontrak kerajaan dan swasta," kata Mohamed Hashim.

ade bro.. kena tgk hardcopy kalu dekat online mmgla xde...

 

[2bz4money]

dah ramai yg akan offline kerna balik raya d kampung. aku pun tengah ready utk balik kg kat Penang..cuma nak cukupkan dana apply IPO Datasonic yg akan close besok. smoga kita dmurahkan rezeki..the more u give, the more u get..

Slmt Hr Raya, Maaf Zahir Batin buat sumer rakan CG yg memeriahkan thread ni..

 

[pokshark]

dah ramai yg akan offline kerna balik raya d kampung. aku pun tengah ready utk balik kg kat Penang..cuma nak cukupkan dana apply IPO Datasonic yg akan close besok. smoga kita dmurahkan rezeki..the more u give, the more u get..

Slmt Hr Raya, Maaf Zahir Batin buat sumer rakan CG yg memeriahkan thread ni..

salam...tuan ambil ke? kalau ambil saya pun nak amik2...2000unit jer..ok x?

 

[katani17]

dah ramai yg akan offline kerna balik raya d kampung. aku pun tengah ready utk balik kg kat Penang..cuma nak cukupkan dana apply IPO Datasonic yg akan close besok. smoga kita dmurahkan rezeki..the more u give, the more u get..

Slmt Hr Raya, Maaf Zahir Batin buat sumer rakan CG yg memeriahkan thread ni..

bro mmg x apply IGB sbb x minat or sbb sibuk raya? Datasonic apa dividen policy dia?

 

[2bz4money]

salam...tuan ambil ke? kalau ambil saya pun nak amik2...2000unit jer..ok x?

wslm tuan, saya akan cuba.. kita invest atas prinsip yg kita pegang, ikut kemampuan masing2..saya apply ikut ballotting strategy.

bro mmg x apply IGB sbb x minat or sbb sibuk raya? Datasonic apa dividen policy dia?

any research report regarding fair value for datasonic?????

Datasonic x dividend policy. Fair Value:
TA Securities- RM2.29
Kenanga- RM2.18
RHB Research-RM2.13

kita tunggu satu2 dulu, biar ada prospektus, market research, cukup modal ipo, kemudian kita putuskan pada closing date IGB nnti..

 

[pokshark]

wslm tuan, saya akan cuba.. kita invest atas prinsip yg kita pegang, ikut kemampuan masing2..saya apply ikut ballotting strategy.



Datasonic x dividend policy. Fair Value:
TA Securities- RM2.29
Kenanga- RM2.18
RHB Research-RM2.13

kita tunggu satu2 dulu, biar ada prospektus, market research, cukup modal ipo, kemudian kita putuskan pada closing date IGB nnti..

tuan..leh berthu camne balloting strategi... saya xnampak pun jadual macam ihh hari tu

 

[2bz4money]

tuan..leh berthu camne balloting strategi... saya xnampak pun jadual macam ihh hari tu

lot2 dicabut lebih kurang camtu je..