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Initial Public Offering (IPO)

thanks bro...yg ni kena ambik bro...rugi sapa tak apply..tp kalo

korang tak amik lg bagus sbb aku bleh dpt byk lot...haha

saya x amik pasal prestasi kewangan AAX masih x konsisten serta x back up gomen atau GLC berkaitan dgnnya..:)
 
mmg betul lg pun performance AAX mcm dah down, tgk la brapa banyak route kena X..

Published: Friday November 2, 2012 MYT 1:14:00 PM
Updated: Friday November 2, 2012 MYT 2:40:02 PM
AirAsia X to offer for sale 790.12m shares under IPO (Update)
By Joseph Chin

KUALA LUMPUR: AirAsia X Bhd, which is seeking a listing on Bursa Malaysia, is offering for sale 709.12 million shares, comprising of 592.59 million new shares and 197.53 million existing shares.

The institutional offering of up to 685.679 million IPO shares, is 28.9% of the enlarged issued and paid-up share capital of the company.

According to the draft prospectus on the Securities Commission website, the 685.679 million IPO shares comprise of up to 197.530 million offer shares and 227.407 million issue shares to Malaysian institutional and selected investors and foreign institutional and selected investors at the institutional price.

Another 260.740 million issue shares would be offered to Bumiputera institutional and selected investors at the institutional price.

The retail offering would comprise of 104.444 million shares, or 4.4% of the enlarged issued and paid-up share capital, at the retail price.

This would involve 33.333 million issue shares, or about 1.4% of the enlarged issued and paid-up share capital while another 71.111 million issue shares, or 3.0% of the enlarged issued and paid-up share capital, would be offered to the Malaysian public of which 50% are reserved for subscription by Bumiputera public.

The final retail price will be determined after the institutional price is fixed.

On the utilisation of the proceeds from the new shares, AirAsia X said 21.5% would be for capital expenditure, 55.1% to repay bank borrowings. 2.2% for general working capital and 3.2% for estimated listing expenses.

To recap, AirAsia X is the long-haul arm of AirAsia Bhd which is celebrating its fifth anniversary on Friday.

Its fleet of 11 Airbus SAS A330 and A340 planes flies to 12 destinations across Asia and Australia and it also had chartered flights to Jeddah.

AirAsia X focuses on the low-cost, long-haul segment. It was set up in 2007 to provide high-frequency and point-to-point networks to the long-haul business.

According to its draft prospectus, its revenue grew from RM230.7mil in 2008 to RM1.9bil in 2011, representing a CAGR of 100.6%.

AirAsia X said it presently it does not have any formal dividend policy but it would intend to adopt a progressive dividend policy.

On its assets, it said as at June 30, 2012, it had RM1.369bil million of property, plant and equipment, including RM51.9mil of aircraft engines and RM1.246bil of aircraft frames and service potential.

On its operations, it said for the six month ended June 30, 2012, Revenue from passenger seat sales on scheduled flights decreased by RM30.3mil, or about 4.5%, to RM640.4mil for the six months ended June 30, 2012 versus RM670.70mil in the previous corresponding period.

“This decrease was due primarily to a 4.7% decrease in seat capacity in the six months ended June 30, 2012 (H1, 2012) as compared to the six months ended June 30, 2011 (H1, 2011) as a result of a reduction in the average number of aircraft during the period from 11.0 to 9.0 caused by the wet lease of our two A300-340s to third parties during the H1, 2012,” it said.

Ancillary revenue including AirAsia Insure increased to RM167.2mil, or about 20.5%, for H1, 2012 from RM138.7mil a year ago.

“This increase was due primarily to the overall increase in number of passengers carried in H1, 2012, revisions to our rates relating to certain of our ancillary products and the introduction of Optiontown as a new ancillary product,” it said.

AirAsia X said fuel costs decreased 3.5% to RM483.1mil in H1, 2012 from RM500.7mil a year ago, mainly due to a 6.7% decrease in fuel consumed in H1, 2012 from a year ago.
 
ni mcm nak mencuri duit rakyat...pegi listing...adik beradik ASTRO jugak cuma yg ni shariah compliance....
 
fair value stkat yg dgr antara rm1-2. klu rm1 blh lg sbb lbh kurg mas tp kalu tgi sgt PE dh tgi. jd baik xpyh lg pn kena hati2 ade anakonda dlm tu.
 
fair value stkat yg dgr antara rm1-2. klu rm1 blh lg sbb lbh kurg mas tp kalu tgi sgt PE dh tgi. jd baik xpyh lg pn kena hati2 ade anakonda dlm tu.

guna strategi value investing Warren Buffet, bole makan dividen & capital gain for a long term..kalu main Hit N Run jer, dah tersondol mcm AStro..so, hati2 bro..do not INVEST unless you really KNOW that INVESTMENT..:)
 
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