Initial Public Offering (IPO)

[2bz4money]

OldTown sees big potential in China market

Mohon 1 juta unit hanya garenti dpt 18k unit; peluang lebih besar kalu mohon 20k unit..

Published: 2011/07/02

KUALA LUMPUR: OldTown Bhd's initial public offering (IPO) has been oversubscribed by 10.8 times.

The cafe chain operator and instant beverages mix manu- facturer, which is en route to a listing on Bursa Malaysia's Main Market on July 13, received 9,366 applications for 117,642,100 shares with a total value of RM147.1 million for the public tranche of 10 million new shares under the IPO.

"We are very much encouraged by the tremendous support from the investing public as indicated by the oversubscription for our IPO.

"We believe it also demonstrates their confidence in our expansion plans going forward," group managing director Lee Siew Heng said in a statement yesterday.

The IPO consists of a public issue of 63.4 million new ordinary shares and an offer for sale of 33 million vendor shares at RM1.25 each.

The company operates 180 cafe outlets throughout Malaysia and the region and exports its beverage mixes to Singapore, Brunei, Hong Kong, the US, Canada, Taiwan, Indonesia, Thailand, the Philippines, China, the UK, Australia and New Zealand.

By the fourth quarter, it plans to penetrate even further into the China market.

"We see great potential in the Chinese market due to the sheer size of the population and will leverage on our initial inroads to expand the revenue contribution," Lee said. - Bernama

 

[2bz4money]

PeterLabs bullish

By Cheryl Yvonne Achu
Published: 2011/07/01

PETALING JAYA: Animal feed maker PeterLabs Holdings Bhd expects revenue to jump by a fifth this year as it expands abroad.

It is also bullish about its chances overseas due to its early compliance with a new manufacturing standard that will be made compulsory by the government on food makers next year.

Executive chairman and managing director Lim Tong Seng said the company has identified a number of potential markets like Indonesia, Saudi Arabia, Bangladesh and the Philippines.

PeterLabs, which is due for an ACE Market listing on July 26, is now present in Pakistan, Nepal, Thailand and Taiwan.

"We are optimistic of being able to reach the 20 per cent revenue growth target based on the company's past performance," Lim told reporters after launching its prospectus yesterday.

PeterLabs made a profit-after-tax of RM6 million for the year to December 31 2010 on revenue of RM40.7 million. Its after-tax profit has almost tripled since 2007.

The group makes and trades animal health and nutrition products which include animal feed additives, environment maintenance products, biological and veterinary pharmaceuticals.

But 98 per cent of its business are in Malaysia.

PeterLabs products are used by livestock breeders and animal farms for large-scale production of poultry, swine, ruminant, aquaculture and companion animals.

"There is growing demand for animal feed supplement products, veterinary, animal health products and biologicals in Asia Pacific region as well as globally," Lim said.

Although the government is only expected to implement the Good Manufacturing Practice (GMP) next year, PeterLabs has complied with all of its requirements, thus giving it an early advantage.

The GMP certification would assure customers that products are manufactured in a hygienic manner and follow best practices in manufacturing.

"The GMP is to fulfill the stringent requirement imposed by countries on foreign companies before the products can be marketed there," he said.

On its listing exercise, Lim said it involves a public issue of 15 million new shares at 30 sen a piece.

In addition, an offer for sale of approximately 35.9 million shares will be allocated to identified investors.

"We hope to raise about RM4.5 million from the flotation exercise with proceeds to be used to partly repay bank loans and listing requirements," Lim said.

p/s: Di website Bursa dah kuar, tapi x muncul lagi kat eIPO..

 

[AzizahSumayyah]

p/s: Di website Bursa dah kuar, tapi x muncul lagi kat eIPO..

saya baca prospectus PeterLabs... ada 2 methods jer: guna Application Form atau apply kat ATM

tak de mention about internet banking

 

[renza859]

saya baca prospectus PeterLabs... ada 2 methods jer: guna Application Form atau apply kat ATM

tak de mention about internet banking

omagai...ni zaman batu ko apo nih? )

 

[renza859]

untuk sapa yg apply ipo old town kategori bumi semua dapat,,,,cuma dapat sorang sedikit la ....cuba korang chek,,,

ni consider good news or scary news?

 

[2bz4money]

untuk sapa yg apply ipo old town kategori bumi semua dapat,,,,cuma dapat sorang sedikit la ....cuba korang chek,,,

p/s: oversubscribe Bumi 3.64X berbanding oversubscribe Public 17.89X..overall, oversubscribe 10.76X..so, kalu sumer Bumi dpt kiranya dpt averagelah hampir a quarter..

 

[2bz4money]

ni consider good news or scary news?

1st round punya good news, kalu dapat..final round good news, kalu dpt byk premium on the listing day..scary news, vice versa..

 

[2bz4money]

omagai...ni zaman batu ko apo nih? )

ni cara klasik PeterPan..

p/s: by perception, kalu tech pun x guna camna nak sustain..

 

[2bz4money]

untuk sapa yg apply ipo old town kategori bumi semua dapat,,,,cuma dapat sorang sedikit la ....cuba korang chek,,,

Kalu x dpt pun, jgn kecewa sangat..kita rolling back to BumiArmada

 

[renza859]

1st round punya good news, kalu dapat..final round good news, kalu dpt byk premium on the listing day..scary news, vice versa..

haku tgk 1 posting kat mana ntah, utk bumi portion sumer dpt 100%. 1st time pertama kali haku tgk cegini. kalau betullah apa yg haku tgk tu, alamatnya......(sensored)