Tanah Makmur IPO at RM1.25 per share
Tanah makmur dlm paper mggu lepas kata nak listing tgh bulan depan..
style saya beli IPO ..tgk financial,EPS dan dividen polisi..dh boleh kira dividn yield..dan boleh target harga..
mcm Econ Pile...
Share/ETBS Issue No. Share/ETBS Name Issuing House Closing Date Closing Time Unit Price
654 Tanah Makmur Berhad EQSB 03-Jul-2014 17:00:00 PM 1.25
Published: Thursday June 26, 2014 MYT 10:25:00 AM
Updated: Thursday June 26, 2014 MYT 10:26:43 AM
Tanah Makmur IPO at RM1.25 per share
KUALA LUMPUR: Pahang-based plantation player Tanah Makmur Bhd has priced its initial public offer (IPO) at RM1.25 per share as it seeks a listing on the Main Market of Bursa Malaysia Securities.
According to its prospectus issued on Thursday it said the IPO comprised of 101.59 million shares of 50 sen each.
Tanah Makmur took over plantation-based Kurnia Setia Bhd four years ago, is set to make its debut on the Main Market of Bursa Malaysia.
The company is seeking a listing as a plantation and property player as opposed to Kurnia Setia that was a pure plantation outfit.
Its IPO comprised of an offer for sale of 49.45 million existing shares and a public issue of 52.14 million new shares.
Tanah Makmur said the institutional tranche of 75.18 million shares would be offered to Malaysian institutional and selected investors at RM1.25 per share.
The retail offering of 26.40 million IPO shares would be offered to the eligible directors, employees and eligible persons and the Malaysian public at RM1.25 per share.
p/s: FGV, Boustead dan kini Tanah Makmur, kalu naik 2% utk pelaburan sebulan pun dah ok..kalu lewat kuar, jadi pekasam makan dividen je lah..
