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Initial Public Offering (IPO)

sempat jugak kopitiam pulangkan terus ke a/k cimb saya jam 11 pagi tadi..pulak tu pagi tadi asyik disconnected je server cimb ni, mcm nak bagi tahu kopitiam byr terus ke a/k bank dan bukannya via cek spt MSM sblm ni..apa2pun saya dah buat kptsn pada jam 3pm kat PICC, Putrajaya..:)

takpe tuan...org ckp mende yg susah nak dpt, kalo dpt taruszzz BOOOOOMMMM! :D

semoga ada rezeki tuan (saya & kwn2 sumer) nanti :D
 
Bumi Armada offer 25 times oversubscribed

yeahhhhhhhhh..BAB 1...mari2 :D

Published: 2011/07/07

KUALA LUMPUR: Bumi Armada Bhd received orders for about 25 times the stock it's selling to institutional investors in Malaysia's biggest initial public offering this year, two people with knowledge of the matter said.

The sale to local and foreign institutions accounts for more than half of the IPO, with retail investors and indigenous institutions making up the rest. The people, who asked not to be identified because the information is private, said demand from fund managers will probably allow Bumi Armada to sell shares at the top end of a range marketed to investors.

The oil and gas services company controlled by billionaire T. Ananda Krishnan plans to raise as much as RM2.77 billion, people familiar with the matter said on June 27.

Sales to institutional investors are scheduled to close on July 8, according to Bumi Armada's offering prospectus.

Bumi Armada said on June 30 that it has lined up so-called cornerstone investors including Great Eastern Life Assurance (Malaysia) Bhd and Prudential Fund Management Bhd, who will buy a combined 10.2 per cent of the shares.

The FTSE Bursa Malaysia KLCI Index has risen 7 per cent from its March 15 low this year. Twelve of the 18 companies that began trading in Malaysia this year have advanced from their offer price, according to data compiled by Bloomberg.

Kuala Lumpur-based Bumi Armada, which provides vessels and floating platforms used by the energy industry, is attempting Malaysia's largest IPO since Petronas Chemicals Group Bhd raised a record RM12.8 billion in November.

CIMB Investment Bank Bhd, Maybank Investment Bank Bhd,RHB Investment Bank Bhd, Credit Suisse Group AG and CLSA Asia-Pacific Markets are arranging Bumi Armada's IPO. - Bloomberg

-----------------------------------
Bumi Armada — giant with one-stop vessel solutions
By OSK Research
July 07, 2011

JULY 7 — Bumi Armada Berhad (BAB) is an established provider of one-stop vessel solutions via its FPSO and OSVs, as well as T&I, OFS and FMS services. BAB has a presence in more than 10 countries in Asia, Africa and Latin America. The group is supported by a RM5.8 billion-strong orderbook, which will keep it busy for the next 2-3 years.

We initiate coverage with a Subscribe/Buy recommendation and fair value of RM3.65, based on sum-of-parts valuation and equivalent to a PER of 18x FY12 EPS.
 
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Bunseng listing by third quarter

ipo yg akan menjelma: bunseng holdings bhd

unit yg ditawarkan: 16juta unit
biz: trading & marketing brg2 hardware
papan: utama (dgr mcm papan dam lak dah)
tarikh tutup: 18/07/2011

harga: tlg update? :)

disclaimer:
ni utk permohonan saham miti je

Published: 2011/07/07

THE Securities Commission has approved the proposed listing of Bunseng Holdings Bhd, a wholesaler and distributor of building materials.

The Main Market listing is due to happen by third quarter of 2011.

Chairman and managing director Wong Kian Wah said the approval for listing is a significant milestone for the company since it would mark its 33-year anniversary of being in the hardware wholesaling and distribution industry.

"With this approval, Bunseng will be able to access the capital market to raise funds for its business and future expansion opportunities.

"We believe a listing on Bursa Malaysia will also raise our profile as a reputable hardware marketing and distribution company," he said.

Bunseng will issue 33.3 million new shares where 8 million of the shares will be available to Malaysian public via balloting, 5.3 million shares for eligible directors, employees and business associates of the Bunseng group while the remaining 20 million new shares are earmarked for private placement to identified investors.

Bunseng will also make an offer for sale of 45 million existing shares, out of which 16 million shares would be placed out to approved Bumiputera investors, and the remaining 29 million shares to other investors via private placement.

CIMB Investment Bank Bhd is the adviser for the initial public offering.
 
Prestariang banking on homegrown titles for growth

utk short term profit, prestariang..utk long term profit, BA..

p/s: x kira pistol, senapang atau meriam; yg pentingnya anda SNIPER..:)cgrock

CYBERJAYA: Main Market-bound Prestariang Bhd is banking on its homegrown titles to steer the group to higher profitability in the coming years.

Prestariang has two main core businesses. It provides ICT training and certifications for graduates and working adults to operate programmes such as Microsoft Office, Autodesk and Adobe and distributes software licences.

CEO Dr Abu Hasan Ismail said the company plans to invest in developing its IC Citizen training programme and other in-house titles which command higher profit margins.

“We intend to grow our own certification programmes such as IC Citizen and other new titles. These titles promise margins of at least 50%,” Abu Hasan told The Edge Financial Daily in a recent interview.

IC Citizen was launched last year in Brunei and Abu Hasan said it will play an important role in growing the company’s revenue. It is a training and certification programme focusing on Internet etiquette.

“The response to IC Citizen has been good and we will launch it with our partner Certiport Inc in the Middle East, Southeast Asia and North America,” said Abu Hasan.

He said Prestariang will leverage on Certiport’s network of 10,000 training centres in 142 countries. It is a leading certification solutions provider for Microsoft Office, Adobe, and ComTIA Strata.

After the listing, Prestariang is planning to launch other in-house certification programmes for application in Islamic finance, vocational English and green IT after the listing.

Last year, ICT training and certification contributed RM23.1 million or 40% to the group’s total revenue. Its software licence distribution and management division contributed RM35.5 million or 60%. In terms of gross profit, ICT training contributed 55% and software distribution 44.6%.

The group has recorded steady growth in the last few years. Its profit after tax tripled to RM15.12 million in FY10 ended Dec 31, from RM5.32 million four years earlier. Revenue fell marginally to RM58.5 million from RM63.85 million, but the group performed better due to better margins
Abu Hasan noted that the ICT training and certification division’s gross profit margin has risen to 57.2% last year from 12.83% in 2006.
Abu Hasan: We intend to grow our own certification programmes such as IC Citizen. These titles promise margins of at least 50%.

“We expect margins to be at least 50% moving forward,” he said.

The average gross profit margins for the ICT training and certification division in the past three years were 50.3%, compared with 34.3% for software licence distribution and management.

Prestariang has an order book of RM145.3 million, which will keep it busy for the next three to five years. “We plan to double the order book with the launch of IC Citizen [in new markets] this year,” Abu Hasan said.

Prestariang’s major project is the Program Pentauliahan Professional (3P) certification programme, which provides ICT training to final year students in public universities here. The contract is due to be renewed for another four years until 2016.

Prestariang also conducts ICT training and certification programmes for civil servants with the various ministries. Note that 90% of its revenue last year was derived from the government.

“We realise that this could be our weakness ... We have plans to increase contributions from the private sector and to be less government-dependent,” said Abu Hasan.

For 1QFY11 ended March 31, Prestariang posted a net profit of RM11.3 million on the back of RM37 million in revenue.

The company launched its initial public offering (IPO) prospectus on June 28 and is scheduled to debut on Bursa on July 27.

The IPO entails a public issue of 22 million shares, and an offer-for-sale of 77 million shares at 90 sen per share. The offer-for-sale allocation consists of eight million shares offered to the public via balloting, 22 million shares for bumiputera investors subject to Ministry of International Trade and Industry’s (MITI) approval, 40 million for selected non-bumiputera investors, and seven million for pink form subscribers.

Abu Hasan said the private placement was very well received by institutional investors.

“Ten institutions have participated in the private placement and about 70% of the MITI portion has been taken up by institutional investors,” he said.

Post-listing, Abu Hasan will hold a 41.2% indirect stake in the company via private investment vehicles, while Kumpulan Modal Perdana Sdn Bhd (KMP) will hold 9.48%.

“KMP has been a substantial shareholder in the company since 2007. They are committed to remain [as long-term investors] after the listing as they believe in our business,” said Abu Hasan.

Abu Hasan said KMP had enjoyed good dividends in the past few years and shareholders could expect more in the future.

“We intend to declare dividends of up to 50% of profit in the next three years,” he said.

Out of the RM19.8 million raised from the IPO, Prestariang plans to invest RM1.5 million to set up training centres in Penang, Johor and Sarawak, RM1 million to upgrade its backdoor systems, and RM6.5 million for R&D expenditure.

“We plan to invest about RM4.5 million [from the R&D portion] to develop our new titles and RM1 million to develop our own training management system and another RM1 million to develop our own propriety test systems,” said Abu Hasan.

He added that RM6.2 million has been earmarked for working capital, with the remainder to be set aside for term loan repayments and listing expenses.

He said the company has no borrowings and as at March 31, 2010, it had RM29.59 million in cash and bank balances.

“I believe in cash as it allows flexibility for expansion. We are also open to the possibility of mergers and acquisitions in the future,” he said.

AmInvestment Bank Group is the adviser, sole underwriter and placement agent for Prestariang.

This article appeared in The Edge Financial Daily, July 7, 2011.
 
takpe tuan...org ckp mende yg susah nak dpt, kalo dpt taruszzz BOOOOOMMMM! :D

semoga ada rezeki tuan (saya & kwn2 sumer) nanti :D

harap seme geng CG dapat Armada walau skit :)paid
 
CYBERJAYA: Main Market-bound Prestariang Bhd is banking on its homegrown titles to steer the group to higher profitability in the coming years.

Prestariang has two main core businesses. It provides ICT training and certifications for graduates and working adults to operate programmes such as Microsoft Office, Autodesk and Adobe and distributes software licences.

CEO Dr Abu Hasan Ismail said the company plans to invest in developing its IC Citizen training programme and other in-house titles which command higher profit margins.

“We intend to grow our own certification programmes such as IC Citizen and other new titles. These titles promise margins of at least 50%,” Abu Hasan told The Edge Financial Daily in a recent interview.

IC Citizen was launched last year in Brunei and Abu Hasan said it will play an important role in growing the company’s revenue. It is a training and certification programme focusing on Internet etiquette.

“The response to IC Citizen has been good and we will launch it with our partner Certiport Inc in the Middle East, Southeast Asia and North America,” said Abu Hasan.

He said Prestariang will leverage on Certiport’s network of 10,000 training centres in 142 countries. It is a leading certification solutions provider for Microsoft Office, Adobe, and ComTIA Strata.

After the listing, Prestariang is planning to launch other in-house certification programmes for application in Islamic finance, vocational English and green IT after the listing.

Last year, ICT training and certification contributed RM23.1 million or 40% to the group’s total revenue. Its software licence distribution and management division contributed RM35.5 million or 60%. In terms of gross profit, ICT training contributed 55% and software distribution 44.6%.

The group has recorded steady growth in the last few years. Its profit after tax tripled to RM15.12 million in FY10 ended Dec 31, from RM5.32 million four years earlier. Revenue fell marginally to RM58.5 million from RM63.85 million, but the group performed better due to better margins
Abu Hasan noted that the ICT training and certification division’s gross profit margin has risen to 57.2% last year from 12.83% in 2006.
Abu Hasan: We intend to grow our own certification programmes such as IC Citizen. These titles promise margins of at least 50%.

“We expect margins to be at least 50% moving forward,” he said.

The average gross profit margins for the ICT training and certification division in the past three years were 50.3%, compared with 34.3% for software licence distribution and management.

Prestariang has an order book of RM145.3 million, which will keep it busy for the next three to five years. “We plan to double the order book with the launch of IC Citizen [in new markets] this year,” Abu Hasan said.

Prestariang’s major project is the Program Pentauliahan Professional (3P) certification programme, which provides ICT training to final year students in public universities here. The contract is due to be renewed for another four years until 2016.

Prestariang also conducts ICT training and certification programmes for civil servants with the various ministries. Note that 90% of its revenue last year was derived from the government.

“We realise that this could be our weakness ... We have plans to increase contributions from the private sector and to be less government-dependent,” said Abu Hasan.

For 1QFY11 ended March 31, Prestariang posted a net profit of RM11.3 million on the back of RM37 million in revenue.

The company launched its initial public offering (IPO) prospectus on June 28 and is scheduled to debut on Bursa on July 27.

The IPO entails a public issue of 22 million shares, and an offer-for-sale of 77 million shares at 90 sen per share. The offer-for-sale allocation consists of eight million shares offered to the public via balloting, 22 million shares for bumiputera investors subject to Ministry of International Trade and Industry’s (MITI) approval, 40 million for selected non-bumiputera investors, and seven million for pink form subscribers.

Abu Hasan said the private placement was very well received by institutional investors.

“Ten institutions have participated in the private placement and about 70% of the MITI portion has been taken up by institutional investors,” he said.

Post-listing, Abu Hasan will hold a 41.2% indirect stake in the company via private investment vehicles, while Kumpulan Modal Perdana Sdn Bhd (KMP) will hold 9.48%.

“KMP has been a substantial shareholder in the company since 2007. They are committed to remain [as long-term investors] after the listing as they believe in our business,” said Abu Hasan.

Abu Hasan said KMP had enjoyed good dividends in the past few years and shareholders could expect more in the future.

“We intend to declare dividends of up to 50% of profit in the next three years,” he said.

Out of the RM19.8 million raised from the IPO, Prestariang plans to invest RM1.5 million to set up training centres in Penang, Johor and Sarawak, RM1 million to upgrade its backdoor systems, and RM6.5 million for R&D expenditure.

“We plan to invest about RM4.5 million [from the R&D portion] to develop our new titles and RM1 million to develop our own training management system and another RM1 million to develop our own propriety test systems,” said Abu Hasan.

He added that RM6.2 million has been earmarked for working capital, with the remainder to be set aside for term loan repayments and listing expenses.

He said the company has no borrowings and as at March 31, 2010, it had RM29.59 million in cash and bank balances.

“I believe in cash as it allows flexibility for expansion. We are also open to the possibility of mergers and acquisitions in the future,” he said.

AmInvestment Bank Group is the adviser, sole underwriter and placement agent for Prestariang.

This article appeared in The Edge Financial Daily, July 7, 2011.

90% projek kerajaan mmg depend dengan kerajaan sykt nie
 
Bab 1

oooppsssssss... :)

Bumi Armada's IPO priced at 3.03 rgt/shr for institutions-term sheet

KUALA LUMPUR, July 8 | Fri Jul 8, 2011 2:43am BST

KUALA LUMPUR, July 8 (Reuters) - The institutional portion of Malaysian oil and gas marine services provider Bumi Armada's initial public offering has been priced at 3.03 ringgit ($1.007) per share, according to a term sheet seen by Reuters on Friday.

The books were covered almost 50 times, the term sheet showed. The IPO comprises 878.5 million primary and secondary shares and the split between international and domestic investors was about 50-50.

Bumi Armada is controlled by Malaysian tycoon T Ananda Krishnan, who also has a controlling interest in Malaysian telecommunications firm Maxis . ($1 = 3.010 ringgit) (Reporting by Min Hun Fong and Niluksi Koswanage; Editing by Vinu Pilakkott)
 
Catch your Catcha Today..

sempat jugak kopitiam pulangkan terus ke a/k cimb saya jam 11 pagi tadi..pulak tu pagi tadi asyik disconnected je server cimb ni, mcm nak bagi tahu kopitiam byr terus ke a/k bank dan bukannya via cek spt MSM sblm ni..apa2pun saya dah buat kptsn pada jam 3pm kat PICC, Putrajaya..:)

Issuer Offer / Issue Price Closing Date Listing Date
Catcha Media Berhad 0.75 08/07/2011 22/07/2011
Hibiscus Petroleum Berhad 0.75 13/07/2011 25/07/2011
Prestariang Berhad 0.90 15/07/2011 27/07/2011

p/s: boleh catch Catcha sblm jam 5ptg bagi yg brminat :)..saya tengah mengira2 keperluan bajet Ramadhan/Syawal nanti agar tidak terbabas :D
 
Issuer Offer / Issue Price Closing Date Listing Date
Catcha Media Berhad 0.75 08/07/2011 22/07/2011
Hibiscus Petroleum Berhad 0.75 13/07/2011 25/07/2011
Prestariang Berhad 0.90 15/07/2011 27/07/2011

p/s: boleh catch Catcha sblm jam 5ptg bagi yg brminat :)..saya tengah mengira2 keperluan bajet Ramadhan/Syawal nanti agar tidak terbabas :D
ok ke catcha media ni bro?
apa pandangan lu?
gua tengok dalam lembaga pengarah dia tu ada datul larry gan...orang yg sama duduk lembaga pengarah dalam prestariang....ada kaitan ke antara 2 company ni?:)
 
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