couchcorp
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ada labur gak..tapi RM1000 shj saya labur dlm AHB tu...n kalau tak silap dividen AHB tak sampai 4% setiap kali dia release dividen kn??
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Time now:
Jun 1, 12:00 AM
Initial Public Offering (IPO)
- Thread starter 2bz4money
- Start date
ada labur gak..tapi RM1000 shj saya labur dlm AHB tu...n kalau tak silap dividen AHB tak sampai 4% setiap kali dia release dividen kn??
alphaOne
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maybe ahb kot.. ade cancel asb loan? claim insurans ke?
aiman27
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mengikut the star arini sbyk 17 ipo akan diterbitkan thn ni..
biar betoi byk beno!
biar betoi byk beno!
couchcorp
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Ahb dividend dh dpt bulan oktober hari tu n dia state as aps payment..cancel lasb n insuranspun xde buat
alphaOne
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duit terpijak la kot tu.. hehe..
maybe refund LHDN kot...
2bz4money
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2bz4money
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aiman27
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17 new listings
IF there was one thing that defined the capital markets last year, it would certainly be the listing of large companies on Bursa Malaysia.
The listing of Felda Global Ventures Holdings Bhd (FGVH), IHH Healthcare Bhd and Astro Malaysia Holdings Bhd were the three notable flotations on the stock market last year. Together with others such as the IGB Real Estate Investment Trust, these helped break the all-time amount of proceeds raised from listings in Malaysia.
The listings also helped propel Malaysia to the international limelight. The plantation giant raised RM10.5bil upon listing on the Main Market of Bursa Malaysia on June 28, 2012.
Riddled with controversy ahead of its listing due to protests from pockets of settlers, its book-building process, however, went better than most had anticipated.
Priced at the higher end of the book-building process, both institutional and cornerstone investors alike - which included the likes of Fidelity Investments, Qatar Holdings and AIA group Ltd - demanded 30 times the number of shares that had been allocated to them.
Such demand for FGVH shares - where Louis Dreyfus, the large French commodity trading house, had emerged as a strategic shareholder in the company - meant that trading on the first day was almost guaranteed to be a success.
And it was.
FGVH made a solid debut on Bursa Malaysia, where its shares opened at RM5.39 or 20% higher than its offer price of RM4.55 for a premium of 84 sen.
It was the top gainer that day and the most actively traded stock. FGVH's shares closed 75 sen higher at RM5.30, with 261.6 million shares changing hands.
Prior to the listing of FGVH, the world's capital markets were already casting an eye on Malaysia, wondering just how the country had managed to carve such a prestigious ranking on the global IPO market.
But the IPO mill of Malaysia was not done yet.
Hot on the heels of FGVH was IHH Healthcare. The healthcare giant, with hospitals in Malaysia, Singapore, India and Turkey, was another company that had been eyeing a listing for some time. And when it finally got its house in order - sweetened by the acquisition of hospitals in Turkey under Acibadem Saglik Hizmetleri ve Ticaret AS - it went to market its IPO.
IHH Healthcare's IPO too saw keen interest among institutional investors and managed to secure 22 cornerstone investors. They comprised local and international institutional funds as well as international sovereign wealth funds that included Malaysia's Employees Provident Fund (EPF), Permodalan Nasional Bhd and Lembaga Tabung Haji.
International investors like BlackRock Inc, Capital Investment Inc, Kuwait Investment Authority and the Government of Singapore Investment Corp Pte Ltd too subscribed to the listing of IHH Healthcare.
IHH made a successful dual-listing on Bursa Malaysia and the Singapore Exchange last July. At an IPO price of RM2.80 in Malaysia and S$1.11 (RM2.77) in Singapore, IHH's flotation raised more than RM5bil in total gross proceeds.
And at the time of listing on July 25, IHH's flotation was the third-largest IPO in the world thus far that year (2012) after Facebook and FGVH.
The final triumvirate of the large IPOs on Bursa Malaysia was that of Astro Malaysia.
The satellite pay-TV provider, which was the third-largest IPO in Malaysia at the time of listing, raised RM4.6bil from investors.
Like that of the previous two large IPOs, Astro Malaysia's IPO attracted strong interest from institutional investors, whio bid for 30 times more stock than they had been allocated.
It was reported that Astro Malaysia had secured 22 cornerstone investors, including tycoon Chua Ma Yu, Kencana Capital Libra Investment Sdn Bhd, Great Eastern Life Assurance, Myriad Opportunities Masterfund, Nomura Asset Management, Antell Holdings Ltd, Azentus Global Opportunities Masterfund Ltd, Caprice Capital International Ltd, Corston-Smith Asset Management, Gordel Capital, Ochis-Ziff, TPG-Axon International, TPG Axon Partners and the Universities Superannuation Scheme.
Together, it was reported that the three large IPOs had pushed the volume of IPOs from Malaysian companies to US$7.3bil for year-to-date 2012, smashing the previous record of US$6.9bil set in 2010.
Post-IPO blues
While the IPO process of the mega-listings was a success for the promoters and owners of the companies, the subsequent performance of their respective stocks, however, drew a different kind of commentary for two of the three listings.
Astro Malaysia's listing didn't meet the expectations of the new shareholders when the stock opened with a 1% premium to its IPO price of RM3 a share and closed the day unchanged from the price shareholders paid to own a slice of the company.
There were rumours of a group of investors selling down their shareholdings in Astro after the stock failed to sizzle on the first day.
Talk of margin calls on a group of investors led to the shares falling to a low of RM2.61 a share on Nov 9.
Stories of unhappy employees emerged but all of that quickly reversed when the promoters of the IPO released their reports on the stock following the expiry of the blackout period.
With all of them talking up the stock, and given that target prices on average were higher than the IPO price of RM3 a share, coupled with Astro releasing a good set of quarterly results, saw Astro's share price eventually recovering. The counter reached a high of RM2.99 a share on Dec 7 and closed at RM2.96 a share on Dec 27.
Analysts suggested that its institutional investors were the ones buying the stock, lending support as selling showed signs of exhaustion.
Investors of FGVH, on the other hand, were a happy bunch when the stock reached a high of RM5.50 a share on July 11 following its IPO price of RM4.55 a share.
But the stock quietly slid in price in the ensuing months and touched a low of RM4.56 on Dec 26.
Compounding matters for FGVH was the slump in CPO prices, which, in turn, affected its financial performance.
Analysts noted that FGVH's financial performance for the nine months to end-September had missed expectations. The weak CPO price had soured sentiment on plantation stocks and FGVH could not sidestep the poor sentiment surrounding the planters on Bursa Malaysia.
Despite the weak share performance of Astro Malaysia and FGVH, both these counters were admitted into the benchmark FTSE Bursa Malaysia KLCI Index on Dec 24.
While it was not a pretty post-IPO ending for both Astro Malaysia and FGVH, IHH Healthcare's stock continued to rise following its IPO price of RM2.80 a share.
Listed last July, the stock reached a high of RM3.48 a share on Nov 30 and closed at RM3.41 a share on Dec 27.
A drop in third-quarter profit did not sour investor outlook on the healthcare provider, as analysts still maintain a positive outlook on the future prospects of the company.
What about 2013?
The IPO market in Malaysia will certainly be a hard act to follow in 2013 after a bumper 2012, but that might not be the case if you ask Bursa Malaysia chief executive officer Datuk Tajuddin Atan.
He has been reported as saying that early indications show promising developments in maintaining the amount raised from IPOs this year.“These potential listings are skewed towards the infrastructure and industrial sectors,” he told Bernama in a report last year.
He said that 2013 would see 17 new listings amounting to RM23bil.
It was reported that companies en route for listing this year include Matrix Concepts Holdings Bhd, Felcra Bhd, CLIQ Energy Bhd and Malakoff Corp Bhd.
http://biz.thestar.com.my/news/story.asp?file=/2013/1/5/business/12512819&sec=business
LINK mana bro?..nak kena sedia byk peluru ni..
IF there was one thing that defined the capital markets last year, it would certainly be the listing of large companies on Bursa Malaysia.
The listing of Felda Global Ventures Holdings Bhd (FGVH), IHH Healthcare Bhd and Astro Malaysia Holdings Bhd were the three notable flotations on the stock market last year. Together with others such as the IGB Real Estate Investment Trust, these helped break the all-time amount of proceeds raised from listings in Malaysia.
The listings also helped propel Malaysia to the international limelight. The plantation giant raised RM10.5bil upon listing on the Main Market of Bursa Malaysia on June 28, 2012.
Riddled with controversy ahead of its listing due to protests from pockets of settlers, its book-building process, however, went better than most had anticipated.
Priced at the higher end of the book-building process, both institutional and cornerstone investors alike - which included the likes of Fidelity Investments, Qatar Holdings and AIA group Ltd - demanded 30 times the number of shares that had been allocated to them.
Such demand for FGVH shares - where Louis Dreyfus, the large French commodity trading house, had emerged as a strategic shareholder in the company - meant that trading on the first day was almost guaranteed to be a success.
And it was.
FGVH made a solid debut on Bursa Malaysia, where its shares opened at RM5.39 or 20% higher than its offer price of RM4.55 for a premium of 84 sen.
It was the top gainer that day and the most actively traded stock. FGVH's shares closed 75 sen higher at RM5.30, with 261.6 million shares changing hands.
Prior to the listing of FGVH, the world's capital markets were already casting an eye on Malaysia, wondering just how the country had managed to carve such a prestigious ranking on the global IPO market.
But the IPO mill of Malaysia was not done yet.
Hot on the heels of FGVH was IHH Healthcare. The healthcare giant, with hospitals in Malaysia, Singapore, India and Turkey, was another company that had been eyeing a listing for some time. And when it finally got its house in order - sweetened by the acquisition of hospitals in Turkey under Acibadem Saglik Hizmetleri ve Ticaret AS - it went to market its IPO.
IHH Healthcare's IPO too saw keen interest among institutional investors and managed to secure 22 cornerstone investors. They comprised local and international institutional funds as well as international sovereign wealth funds that included Malaysia's Employees Provident Fund (EPF), Permodalan Nasional Bhd and Lembaga Tabung Haji.
International investors like BlackRock Inc, Capital Investment Inc, Kuwait Investment Authority and the Government of Singapore Investment Corp Pte Ltd too subscribed to the listing of IHH Healthcare.
IHH made a successful dual-listing on Bursa Malaysia and the Singapore Exchange last July. At an IPO price of RM2.80 in Malaysia and S$1.11 (RM2.77) in Singapore, IHH's flotation raised more than RM5bil in total gross proceeds.
And at the time of listing on July 25, IHH's flotation was the third-largest IPO in the world thus far that year (2012) after Facebook and FGVH.
The final triumvirate of the large IPOs on Bursa Malaysia was that of Astro Malaysia.
The satellite pay-TV provider, which was the third-largest IPO in Malaysia at the time of listing, raised RM4.6bil from investors.
Like that of the previous two large IPOs, Astro Malaysia's IPO attracted strong interest from institutional investors, whio bid for 30 times more stock than they had been allocated.
It was reported that Astro Malaysia had secured 22 cornerstone investors, including tycoon Chua Ma Yu, Kencana Capital Libra Investment Sdn Bhd, Great Eastern Life Assurance, Myriad Opportunities Masterfund, Nomura Asset Management, Antell Holdings Ltd, Azentus Global Opportunities Masterfund Ltd, Caprice Capital International Ltd, Corston-Smith Asset Management, Gordel Capital, Ochis-Ziff, TPG-Axon International, TPG Axon Partners and the Universities Superannuation Scheme.
Together, it was reported that the three large IPOs had pushed the volume of IPOs from Malaysian companies to US$7.3bil for year-to-date 2012, smashing the previous record of US$6.9bil set in 2010.
Post-IPO blues
While the IPO process of the mega-listings was a success for the promoters and owners of the companies, the subsequent performance of their respective stocks, however, drew a different kind of commentary for two of the three listings.
Astro Malaysia's listing didn't meet the expectations of the new shareholders when the stock opened with a 1% premium to its IPO price of RM3 a share and closed the day unchanged from the price shareholders paid to own a slice of the company.
There were rumours of a group of investors selling down their shareholdings in Astro after the stock failed to sizzle on the first day.
Talk of margin calls on a group of investors led to the shares falling to a low of RM2.61 a share on Nov 9.
Stories of unhappy employees emerged but all of that quickly reversed when the promoters of the IPO released their reports on the stock following the expiry of the blackout period.
With all of them talking up the stock, and given that target prices on average were higher than the IPO price of RM3 a share, coupled with Astro releasing a good set of quarterly results, saw Astro's share price eventually recovering. The counter reached a high of RM2.99 a share on Dec 7 and closed at RM2.96 a share on Dec 27.
Analysts suggested that its institutional investors were the ones buying the stock, lending support as selling showed signs of exhaustion.
Investors of FGVH, on the other hand, were a happy bunch when the stock reached a high of RM5.50 a share on July 11 following its IPO price of RM4.55 a share.
But the stock quietly slid in price in the ensuing months and touched a low of RM4.56 on Dec 26.
Compounding matters for FGVH was the slump in CPO prices, which, in turn, affected its financial performance.
Analysts noted that FGVH's financial performance for the nine months to end-September had missed expectations. The weak CPO price had soured sentiment on plantation stocks and FGVH could not sidestep the poor sentiment surrounding the planters on Bursa Malaysia.
Despite the weak share performance of Astro Malaysia and FGVH, both these counters were admitted into the benchmark FTSE Bursa Malaysia KLCI Index on Dec 24.
While it was not a pretty post-IPO ending for both Astro Malaysia and FGVH, IHH Healthcare's stock continued to rise following its IPO price of RM2.80 a share.
Listed last July, the stock reached a high of RM3.48 a share on Nov 30 and closed at RM3.41 a share on Dec 27.
A drop in third-quarter profit did not sour investor outlook on the healthcare provider, as analysts still maintain a positive outlook on the future prospects of the company.
What about 2013?
The IPO market in Malaysia will certainly be a hard act to follow in 2013 after a bumper 2012, but that might not be the case if you ask Bursa Malaysia chief executive officer Datuk Tajuddin Atan.
He has been reported as saying that early indications show promising developments in maintaining the amount raised from IPOs this year.“These potential listings are skewed towards the infrastructure and industrial sectors,” he told Bernama in a report last year.
He said that 2013 would see 17 new listings amounting to RM23bil.
It was reported that companies en route for listing this year include Matrix Concepts Holdings Bhd, Felcra Bhd, CLIQ Energy Bhd and Malakoff Corp Bhd.
http://biz.thestar.com.my/news/story.asp?file=/2013/1/5/business/12512819&sec=business
2bz4money
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Exchange Traded Bond or Sukuk
Sumber: Maybank Investment
Dear Valued Client
Below mentioned are the details for DanaInfra Berhad Retail Sukuk. It will be available for subscription via IPO next week. I will send you more details once I received them.
Description
Issuer- DanaInfra Nasional Berhad
Guarantor- Government of Malaysia
Use of Proceeds-To finance the capital expenditure and operating expenses in relation to the development of the MRT project
Face Value-RM100.00 per unit of the DanaInfra Retail Sukuk
Maturity Date-Tenth (10th) anniversary of the Issue Date
Profit Payment Frequency-Semi-annual
First Coupon / Profit Payment Date-6 months from the Issue Date
Coupon / Profit Rate-The coupon / profit rate is the coupon amount divided by the face value of ETBS (par value), which shall be confirmed on Issue Date
Listing- Bursa Malaysia under the 'Loans and Bonds' Board
Tax Exemption-Tax exemption
Minimum Amount-Minimum subscription of 10 units of RM1,000 and in multiple of RM1,000
Maximum Amount-No limit
How to Buy-Via application forms or Internet Banking or ATMs of the Participating Financial Institutions
Thank you and Warm Regards
Sumber: BTIMES
Sumber: Maybank Investment
Dear Valued Client
Below mentioned are the details for DanaInfra Berhad Retail Sukuk. It will be available for subscription via IPO next week. I will send you more details once I received them.
Description
Issuer- DanaInfra Nasional Berhad
Guarantor- Government of Malaysia
Use of Proceeds-To finance the capital expenditure and operating expenses in relation to the development of the MRT project
Face Value-RM100.00 per unit of the DanaInfra Retail Sukuk
Maturity Date-Tenth (10th) anniversary of the Issue Date
Profit Payment Frequency-Semi-annual
First Coupon / Profit Payment Date-6 months from the Issue Date
Coupon / Profit Rate-The coupon / profit rate is the coupon amount divided by the face value of ETBS (par value), which shall be confirmed on Issue Date
Listing- Bursa Malaysia under the 'Loans and Bonds' Board
Tax Exemption-Tax exemption
Minimum Amount-Minimum subscription of 10 units of RM1,000 and in multiple of RM1,000
Maximum Amount-No limit
How to Buy-Via application forms or Internet Banking or ATMs of the Participating Financial Institutions
Thank you and Warm Regards
Sumber: BTIMES
Last edited:
