Penyenaraian IPO akan datang - Felda Global Ventures

[faizalyusup]

ALOR GAJAH, 9 OCTOBER, 2011: The proposed listing of Felda Global Ventures Holdings Sdn on Bursa Malaysia by mid-2012 announced in the 2012 Budget will enable Felda to focus on settlers' welfare while the company on business forays, said Felda chairman Tan Sri Mohd Isa Abdul Samad.

He said the listing would be in line with Felda's transformation over the next 50 years after making a remarkable achievement for the past 50 years.


"There should not be repercussion on the role of Felda from the listing exercise," he told reporters after closing the Felda Thinkers Convention here today.

Mohd Isa said Felda has the expertise and synergy to make the listing a success, for which he would lead a steering committee to see it through.

"We admitted that there will be obstacles along the way as we already got brickbats from blogs and opposition newspapers," he added.

Isa said the majority of settlers would support the merits of the listing and Felda management would go down to the grassroots to enlighten head of settlers and settlers on the decision.

To a question on Felda's coffer and assets for the listing requirement, he said an international consultant would be appointed to delve on the matter.

He said Koperasi Permodalan Felda, which has 112,635 settlers as members, would become the biggest shareholder.

"The cooperative will ensure that settlers benefit from the listing," he said, adding share allotment to settlers would be announced by Prime Minister Datuk Seri Najib Tun Razak in due course.



- Bernama

 

[faizalyusup]

Felda Global Ventures to list by mid-2012

By Zaidi Isham Ismail

KUALA LUMPUR : The government plans to list Federal Global Ventures Holdings Sdn Bhd on Bursa Malaysia by middle of 2012 to unlock value as well as raise funds for the company to be a global conglomerate.

Under Budget 2012, Felda Global which is the commercial arm of government-owned Federal Land Development Authority (Felda) will list the plantation owner and manager to create the world's largest listed plantation entity.

It is understood, the listing of Felda which manages some 850,000 ha of land will be handled by two local investment banks and two foreign investment banks.

Felda Global which produces a tenth of the world's crude palm oil production will also be among the ten largest market capitalisation.

Felda Global Group is the collective name for the group of companies under Felda Global Ventures Holdings which undertakes commercial activities related to Felda.

This includes associate company Felda Holdings Bhd (Felda Holdings).

Felda Global manages oil palm estates belonging to Felda and provides support and technical services to plantation activities involving a total landbank of more than 850,000 ha.

Altogether, there are about 88 companies within the Group. Felda Global runs the world’s largest palm oil operations.

It has 326 estates, 70 mills, 15 refineries (in Malaysia and with our joint-venture partners overseas) and numerous bulking installations and depots scattered across the country.

Business Times

 

[faizalyusup]

Felda Global joins the march of big IPOs [New Straits Time (Malaysia)]
(New Straits Time (Malaysia) Via Acquire Media NewsEdge)

KUALA LUMPUR: The planned listing of Felda Global Ventures Holdings Bhd (Felda Global) would mean that 2012 will be the fourth straight year Malaysia has offered investors major initial public offerings (IPOs).

Felda Global is the commercial arm of government-owned Federal Land Development Authority (Felda). It is the owner and manager of over 850,000ha of plantation land and its listing should create the world's largest listed plantation entity by land.

Drumming up interest in the local stock market has been a feature of the government under Prime Minister Datuk Seri Najib Razak since he came into office in 2008.



Malaysia's biggest mobile phone operator by subscribers, Maxis Bhd, returned to the market in 2009, followed by the country's biggest IPO, Petronas Chemicals Group Bhd.

Petronas Chemicals raised RM12.8 billion in 2010 and immediately made it to the coun-try's top 10 list of companies by market value.

The company is the petroche-micals unit of Petronas, Malaysia's multinational oil and gas corporation. Prior to Petronas Chemicals, Malaysia Marine and Heavy Engineering Holdings Bhd (MHB) was also listed in the same year.

MHB, a rig and shipbuilder, is also ultimately owned by Petronas.

This was then followed by the listing of MSM Malaysia Holdings Bhd this year, the sugar refiner that belongs to Felda Global.

"This listing (of Felda Global) will create yet another blue chip in the plantation sector and add to our niche offerings, attracting larger international portfolio funds to the Malaysian market," Bursa Malaysia chief executive officer Datuk Tajuddin Atan said in his response to the 2012 Budget announcement on Friday.

(c) 2011 ProQuest Information and Learning Company; All Rights Reserved.

 

[drnumberuntung]

mesti issue besar mcm Pchem nih agaknya tuan FY

 

[ferumsuria]

biler nak kuar ipo ni? baper agak2 rege dier ofer?

 

[cwasalam]

rasanya rm3.50 jugaklah kot mcm msm arituh

 

[hum]

byk IPO besar-besar ni..kalau tak silap Percetakan Nasional Malaysia pun nk kuar kan IPO kan..ada sapa2 tau?

 

[bacan9]

En Faizal, Kenapa u punya website dah tak boleh buka skrg? Baru nak tanya pasal IPO terbaru yg mungkin yg ada kt MITI. Link INfo pasal Special Shares kt MITI pun x boleh buka skrg. Ada idea tak pasal apa boleh jadi camni? Kt Bursa banyak prospektus dah keluar?
Yg terbaru IPO-I Dimensions tp takde kt MITI. Kena applic through public via balloting tu.

 

[drnumberuntung]

If issue price mahal dlm 3.00 - 4.00.. rasanya peneroka ada yg tak mampu nak beli.. tambahan pula klu dpt byk.. antara 20k-30k unit setiap peneroka.. tapi kat sini ada pula peranan KPF (koperasi felda) dlm membantu para peneroka utk mendapatkan bantuan modal.. terjerat la sekejap.. sbb pinjaman tidak memberi kebebasan kepada peneroka dari segi "Holding Power". but still can make money if market & sentimen ok masa listing

 

[TT]

If issue price mahal dlm 3.00 - 4.00.. rasanya peneroka ada yg tak mampu nak beli.. tambahan pula klu dpt byk.. antara 20k-30k unit setiap peneroka.. tapi kat sini ada pula peranan KPF (koperasi felda) dlm membantu para peneroka utk mendapatkan bantuan modal.. terjerat la sekejap.. sbb pinjaman tidak memberi kebebasan kepada peneroka dari segi "Holding Power". but still can make money if market & sentimen ok masa listing

peneroka akan rmai yg jual..dorg bkn main saham pun