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Initial Public Offering (IPO)

MSM Malaysia sets IPO at RM3.50 per share for institutional investors: Source

Besok last date utk MSM..ni extract dr AmResearch..

MSM is expected to be a high dividend-yielding stock. The
group’s estimated FY11F to FY12F dividend yields of 6% to
7% (based on the indicative IPO price of RM3.50/share)
would be higher than most of the consumer and NFO
companies. MSM plans to pay out 50% of its net profit as
dividends every year.

So, elok utk diperam, makan dividen tahunan jer..:)

MSM Malaysia sets IPO at RM3.50 per share for institutional investors: Source
June 14, 2011

KUALA LUMPUR, June 14 – MSM Malaysia Holdings, the federal land authority’s sugar refining arm, has priced its initial public offering at RM3.50 per share for institutional investors, a source with direct knowledge of the deal said tolday.

The price is at the top end of the RM3.30-RM3.50 range set earlier, valuing the IPO at about RM817 million.

MSM is selling about 234 million shares in the IPO. The institutional portion would comprise about 206 million shares or 29.4 per cent of the enlarged share capital. The retail portion would consist of about 28 million shares or 4 per cent of the enlarged share capital.

“Basically, everyone bid the whole book because they knew it was oversubscribed and they wouldn’t get any shares,” said a fund manager.

Funds raised will be used for capital expenditure and working capital requirements.

CIMB and Maybank are the joint bookrunners.

MSM is a subsidiary of Felda Global Group, the commercial arm of Malaysia’s Federal Land Development Authority (FELDA).

FELDA is the world's largest estate owner which helps rural settlers to develop plantations of agricultural commodities such as palm oil and rubber. – Reuters
 
Tengok FA eversendai ok jer..then byk investment dkt oversea..nk cuba tapi masih terkejut dgn uoa lagi...#:-S
pendapat gua:
1)eversendai based india.terlibat dalam kerja fabrikasi, logam dan keluli macam perwaja. bisnes ni long term baru untung. walaupun india hebat bab ini sebab depa dah ada TATA dll, tapi kalau nak jadi investor long term ok kot.short term ntah la.bila lihat kes perwaja malaysia dulu, mmg kerja macam ni untung lambat.yg sedapnya eversendai ni ada buat kerja welding n fabrikasi logam oil n gas yg tengah meletop skrg.
2)harga rm 1.70 kira ok la...tak mahal sgt. sesuai dgn perancangan dia orang
3)fundemental analisis kita ok gak la
4)tak de dlm MITI
so...terpulang pada masing2...jgn beli banyak sangat la...takut jadik cam UOA.
sekadar berkongsi pendapat:)
 
dudlu mase pchem mula2 listed pon tak untung jugak... kite tggu UOA ni dlm mase sebulan ni...tgk macam mane...

p/s: sy org baru...sila beri tunjuk ajar...~chill~
 
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