Lowyat.NET: Latest topics by davinz18

Gold Investment Corner V8

davinz18 — Tue, 16 Sep 2014 00:13:14 +0800

Notice / Disclaimer:-
Call & Visit the respective banks for confirmation & latest price.
We are not liable to any misinformation which might cause any financial or opportunity loss

Previous Version of Gold Investment Corner
Buying Gold As Investment V1
Buying Gold As Investment V2
Buying Gold As Investment V3
Gold Investment Corner V4
Gold Investment Corner V5
Gold Investment Corner V6
Gold Investment Corner V7

1)Daily Gold Price RM/gram
Maybank Gold Counter Rates
CIMB Gold Investment Account
UOB Gold Investment Accounts
Public Bank Gold Investment Account

2)Live Gold Price --------> http://goldprice.org/spot-gold.html

3)Gold Volatility Index --------> http://www.cboe.com/micro/gvz/introduction.aspx

Comparison Between 5 Gold Investment Accounts

Source

Notice / Disclaimer:-
Call & Visit the respective banks for confirmation & latest price.
We are not liable to any misinformation which might cause any financial or opportunity loss

BP Healthcare IPO

davinz18 — Wed, 03 Sep 2014 16:22:01 +0800

BP Healthcare directors plan $157 mln Malaysia IPO of shell firm

Directors of Malaysia's BP Healthcare, a diagnostics-to-laboratory medical group, plan to raise up to 500 million ringgit ($157 million) through a special purpose acquisition vehicle (SPAC) listing next year, according to two sources with direct knowledge of the deal.

A SPAC is a shell company with no assets. It is set up with the intention of buying firms, usually within 2-3 years of listing, that will later be folded into the business.

Malaysia has seen a flurry of SPAC listings in recent years, most of them related to the oil and gas sector. BP Healthcare's plan is the latest sign that the SPAC model is spreading to other industries, after Chemara Palmea Holdings Bhd said last month it plans Malaysia's first plantation SPAC listing in a deal worth 650 million ringgit.

The healthcare SPAC will use funds from the IPO to buy medical businesses, the sources said.

"They are planning to file the IPO application next month," one of the sources said, declining to be identified as the matter had not been officially announced.

Kronologi Asia Berhad (IPO - ACE Market)

davinz18 — Mon, 07 Jul 2014 22:47:30 +0800

Prospectus Exposure
http://www.sc.com.my/prospectus-exposure-k...gi-asia-berhad/

Core Activities
1. Research, development and commercialization of the following solution:- a) FABRiK Solution Suite 2. Provision of implementation, maintenance and technical services related to the above mentioned solution

*EDM - Enterprise data management

Sime Darby Motors

davinz18 — Fri, 04 Jul 2014 17:22:29 +0800

Sime Darby Plans IPO of Automobile Business

Malaysia's Sime Darby Bhd., the world's largest listed palm-oil producer, has invited banks to pitch for a mandate to advise it on an initial public offering of its automobiles business which is likely to raise about $500 million, people with knowledge of the process said Friday.

The state-controlled conglomerate operates its automotive business under Sime Darby Motors, which is involved in the sales, distribution and assembly of cars. It imports and distributes brands likes BMW, Rolls-Royce, Ford, Land Rover and Porsche among others in the Asia-Pacific region. Apart from Malaysia, it also has operations in countries such as Australia, China, Hong Kong, Singapore and Thailand.

The planned IPO of Sime Darby Motors is slated for this year, one of the persons said. The request for proposals was sent on Thursday and bankers are required to submit their pitch by end of next week.

ASNB Survey

davinz18 — Fri, 13 Jun 2014 17:57:40 +0800

Helping fellow forumer to promo his survey poll
Please do vote. Thanks
Link ASNB Survey

Boustead Plantations Berhad IPO

davinz18 — Mon, 30 Dec 2013 17:39:07 +0800

Boustead Plantations to issue 580m new shares under IPO

Boustead Plantations Bhd plans to issue 580 million new shares to retail and institutional investors under its proposed listing on the Main Market of Bursa Malaysia.

Boustead Holdings Bhd, which is listing the plantations unit, said on Monday that it would offer for sale up to 76 million existing Boustead Plantations shares.

Upon listing, the enlarged and paid-up capital of Boustead Plantations would be 1.6 billion shares of 50 sen each with the inclusion of the 580 million new shares.

The floatation exercise involves the retail offering of up to 492.429 million IPO shares.

Of these IPO shares, it said 206.83 million issue shares would be reserved for applications by entitled shareholders of Boustead Holdings. This would be on the basis of one Boustead Plantations share for every five Boustead Holdings shares held.

It also said 174.59 million Boustead Plantations shares would be reserved for entitled unitholders of Boustead REIT on the basis of three Boustead Plantation shares for every five Boustead REIT units held.

Under the retail offering, 47 million offer shares would be for eligible directors and employees of Boustead Plantations, Boustead Holdings and persons who contributed to the success of the Boustead Plantations.

For the Malaysian public, it said 64 million Boustead Plantations shares would be offered via balloting.

The institutional offering would see up to 163.57 million IPO shares offered to approved Bumiputera investors as well as other Malaysian institutions and selected investors.

Opening of application 27/05/2014
Closing of application 11/06/2014
Balloting of applications 16/06/2014
Allotment of IPO shares to successful applicants 24/06/2014
Tentative listing date 26/06/2014

Dayang Enterprise Holdings Berhad (5141)

davinz18 — Sat, 16 Nov 2013 17:52:59 +0800

Dayang Enterprise Holdings Berhad (Dayang) (712243-U) is an investment holding company that has three wholly owned subsidiaries under its wing - Dayang Enterprise Sdn Bhd (DESB) (61505-V), DESB Marine Services Sdn Bhd (DMSSB) and Fortune Triumph Sdn Bhd (FTSB).

The company’s operations commenced with DESB in 1980 whose initial business was the trading of hardware materials and supply of manpower for the offshore oil and gas industry.

This was however expanded to include provisioning of maintenance services, fabrication operations, hook-up and commissioning and charter of marine vessels.

Since its inception, the company has been awarded with numerous contracts including those by Petronas Carigali, Sarawak Shell Berhad and ExxonMobil.

Inline with its emphasis on quality, DESB was accredited with an MS ISO 9001:2000 Quality Management System certified by SIRIM QAS International Sdn Bhd in June 1999.

Dayang also received the Grand Award from ExxonMobil and Petronas Carigali, in recognition of safety excellence in 2004. Since 2002, Dayang has been the annual recipient of Petronas Carigali Certificate of Appreciation.

Dayang, who has to date over 1000 employees, is widely recognized as a reputable provider of maintenance and support services within the oil and gas industry.

Core Business:
Provision of Maintenance Services
Fabrication Operations
Hook-up & Commissioning
Charter of Marine Vessels
Vessel Technical Specification

Genting Plantation Bhd (2291)

davinz18 — Sat, 16 Nov 2013 17:19:04 +0800

Genting Plantations Berhad ("Genting Plantations"), formerly known as Asiatic Development Berhad, is one of the fastest growing plantation companies listed on the Main Board of Bursa Malaysia (formerly known as Kuala Lumpur Stock Exchange). Incorporated in Malaysia as a private limited company on 29 September 1977, under the name of Asiatic Development Sdn Bhd, it became a wholly owned subsidiary of Genting Berhad ("Genting") on 22 February 1980 to spearhead Genting's plantation business.

Listed on Bursa Malaysia on 30 August 1982, Genting Plantations currently ranks amongst the top 10 listed companies in terms of market capitalisation in the plantation sector.

In April 1980, Genting Plantations commenced business through the successful acquisition of the Rubber Trust Group comprising 3 Hong Kong domiciled rubber companies which owned some 13,700 hectares of plantation land in Peninsular Malaysia. In June 1981, the Ko Rubber Companies, which owned about 10,000 hectares of plantation land in Peninsular Malaysia, were acquired by Genting Group and through a restructuring exercise in 1983, some 9,268 hectares of these plantation land and businesses were transferred to Genting Plantations. In the same year, Genting Plantations acquired a further 676 hectares of oil palm plantation and a 30 tonne per hour oil mill. These acquisitions would have now proven to be most astute decisions judging by the development potential of some of the land and the capital appreciation that has since taken place, particularly the 3,200 hectare - Genting Kulai Besar Estate which is now being developed as the mega Genting Indahpura project in Kulai, Johor.

At present, Genting Plantations owns 6 oil mills, one in Peninsular Malaysia, which attained the ISO 9002(1994) Quality Management Systems status in 2001 (which was subsequently updated to the ISO 9001(2000) in 2002) and the others in Sabah. Total milling capacity to date is 265 tonnes per hour. In 1994, Genting Plantations entered into a joint venture with a Sarawak state agency to establish a 30/60 tonnes per hour palm oil mill in Serian, Sarawak. This mill scored a hattrick when it was awarded the Anugerah Industri Sawit Malaysia, in recognition of its high oil extraction rate, by PORLA since its commissioning in August 1997.

Whilst plantation business remains the core activity, Genting Plantations has since ventured into property development with the objectives to unlock the potential of its strategically located land bank and to reduce its dependence on single source income.

Kuala Lumpur Kepong Berhad (2445)

davinz18 — Sat, 16 Nov 2013 17:13:29 +0800

Kuala Lumpur Kepong Berhad (“KLK”), a company incorporated in Malaysia, is listed on the Main Market of Bursa Malaysia Securities Berhad since 1974.

Started as a plantation company more than 100 years ago, plantations (oil palm and rubber) still lead as KLK’s core business activity. Through various strategic acquisitions and sound management, the Group’s plantation land bank now stands at more than 250,000 hectares spread across Malaysia (Peninsular and Sabah) and Indonesia (Belitung Island, Sumatra, central and east Kalimantan). With replantings in Sabah and vast new plantings in Indonesia progressively brought into harvesting, the annual crop production is expected to increase rapidly in the years ahead. Processing of the crop is carried out in KLK’s own mills and refineries into crude palm oil, RBD palm olein and stearin, and palm kernel oil and cake.

The Group’s rubber plantations yield a steady annual production of premium SIR/SMR grades and latex concentrate, meeting with the MS ISO 9002 standards.

Since the 1990’s, the Group had diversified into resource-based manufacturing (predominantly oleochemicals) and vertically integrated both its upstream and downstream businesses. Its operations have expanded through joint-ventures and acquisitions in Malaysia, the People’s Republic of China and Europe, allowing the oleochemical division (i.e. KLK OLEO) to venture further downstream into products like methyl ester sulfonate, amines, biodiesel, fine chemicals and surfactants. Nevertheless, KLK OLEO’s primary focus remains the strengthening of its competitive advantage in basic oleochemicals such as fatty acids, glycerine, fatty alcohols and esthers. KLK OLEO’s global presence also facilitates world class standards in support and servicing of its clientele.

The 1990’s also saw the Group capitalising on the strategic location of its land bank in Peninsular Malaysia by branching into property development. Its latest project, the 1000 acres Bandar Seri Coalfields township is located in the vicinity of Sg. Buloh, Selangor and will be developed over the next 10 years. This is in addition to the nearby Desa Coalfields and Sierramas projects which have recently been completed.

Icon Offshore Bhd

davinz18 — Mon, 14 Oct 2013 15:32:47 +0800

Icon Offshore eyes RM450m IPO

Offshore support vessel (OSV) provider Icon Offshore Bhd aims to raise about RM450mil from its initial public offering (IPO), targeted next year, to fund its fleet expansion programme for the next two years.

Chief executive officer Dr Jamal Yusof said with the proceeds from the listing, the company plans to build three to five vessels to grow its business overseas, apart from paying off its debts and for working capital needs.

"We want to build modern and higher technology vessels. We want to grow our business overseas by having a larger footprint, possibly in the Middle East and also in Southeast Asia," he told Bernama in an interview at the company's headquarters recently.
Currently, the company has 32 vessels and operates in Qatar, Vietnam, Thailand and Malaysia.

Jamal said the company also plans to increase human capital development through various in-house training modules.

"Ninety per cent of our crew are Malaysians, and we want to develop them to be better professionals for the industry. "We are very big on training and human capital development. You can build a nice asset but if it is not maintained very well, in three years it will seem very old," he said.

On the progress of the IPO, he said the company is still in the midst of assessing which potential investment bank to submit its application to, as well as conducting book building and as the joint global coordinator.

He said the selected bank will be announced by the end of this month and the company hopes to be listed on the Main Market of Bursa Malaysia by May or June next year.

Asked on the strength of Icon Offshore moving forward, he said the company offers a younger fleet with newer technology, wide geographical reach, low cost structure and good track record of health and safety.

He said the company's average fleet age is about three to four years with experienced crews inherited from the merger of Tanjung Kapal Services Sdn Bhd and Omni Petro Maritime Sdn Bhd last year to form Icon Offshore today.

On regional development, he said Icon Offshore is currently in talks with a party in Indonesia to establish a joint venture that will tender for jobs in the country, adding the negotiations are targeted to be concluded this year before the company submits its listing application to Bursa Malaysia.

Ranked among the top three OSV companies in Malaysia with annual turnover of RM270mil, Icon Offshore employs almost 1,000 staff including 800 marine crew and 145 office staff in Kuala Lumpur, Labuan and Kemaman.

Sersol Berhad

davinz18 — Wed, 25 Sep 2013 15:13:32 +0800

SerSol Bhd is an investment holding company. The Company, through its subsidiaries, manufactures and sells paints, chemical solvents, and industrial chemicals.

Its direct subsidiaries are Multi Square Sdn. Bhd., Asset Capital Holdings Limited, Multi Square (S) Pte. Ltd., and PT Multi Square. In addition, it also has three direct subsidiaries, namely Deco Coatings Sdn. Bhd., Multi Square Coating (Thailand) Co. Ltd and Zhuhai MS Coating Ltd. Operations are carried out in Malaysia, People's Republic of China and other countries.

IPO: Seven Convenience Bhd

davinz18 — Tue, 24 Sep 2013 18:14:26 +0800

IPO Malaysia's Seven Convenience plans $218 million IPO-draft prospectus

Seven Convenience Bhd, a 7-Eleven convenience store chain operator in Malaysia, is offering up to 530.33 million shares in an initial pubic offering (IPO) that could be worth about 700 million ringgit ($218.82 million), a draft prospectus showed on Tuesday.

The IPO is expected before the end of the year and will be used to fund the company's expansion and refurbishment of its stores, information technology systems and for working capital, the prospectus showed.

Controlled by Malaysian billionaire Vincent Tan, the company's offer represents up to 43 percent of its enlarged paid-up capital, of which 490.78 million shares or 39.8 percent will be offered to institutional investors.

The balance of 39.55 million shares or 3.2 percent will be allocated to retail investors. There is an over-allotment option of up to 74.03 million shares or 14 percent of the IPO shares offered, the prospectus showed.

Seven Convenience, part of Berjaya Retail Bhd, is Malaysia's largest convenience store chain with close to 1,500 outlets, according to its prospectus.

The company recorded revenue of 1.58 billion ringgit and profit after tax of 40.5 million ringgit in 2012, representing a compound annual growth rate of 9.7 percent in revenue and 22.4 percent in profit from 2010 before its parent company Berjaya Retail was delisted.

Fixed Deposit Rates in Malaysia V5

davinz18 — Mon, 09 Sep 2013 18:35:42 +0800

Original FD Rate Thread
Fixed Deposit Rates in Malaysia V2 Thread
Fixed Deposit Rates in Malaysia V3 Thread
Fixed Deposit Rates in Malaysia V4 Thread

WEBSITE FOR FD RATES & LATEST PROMO
http://generationsxyz.blogspot.com/p/fixed-deposit.html
credit to Gen-X

Notice / Disclaimer:-
Call & Visit the respective banks for confirmation & latest promotion.
We are not liable to any misinformation which might cause any financial or opportunity loss (which include FD rates & any others information)

Members Recruitment for FD Group Deposit Campaign
- Please refer / PM to BoomChaCha if Interested

Objective: To consolidate all members' funds to bargain for a better FD rate with the bank
Minimum FD deposit: RM 50K per member
Target total FD amount: 2.5 million or more
FD Tenure: Tentatively 1 year
Recruitment Deadline: 31 May 2014
No Obligation: Members can retreat anytime before we negotiate to the bank
Prohibition: Members who registered after March 2014 are not allowed to join this campaign

Disclaimer: No guarantee will success in this group FD plan

Plan (BoomChaCha brain storm only)
(1) Consolidate at least RM 1 million fund from all participating members.

(2) Appoint representative to negotiate with the bank.

(3) As suggested by Warrior HJebat, after bank says OK, then representative generates and PM confidential code (for bank to recognize members' identities purpose) to each participating member so that members can place their FDs at special rate by submitting the code to the bank. Each member will get one unique code only.

(4) Members can place FDs in their local bank branches.

Any suggestions are very welcome..Thank You.

others country Interest Rate
Singapore at 0.05%, if deposit for 1 year can get around 0.25%.
China almost at par with Malaysia.
Thailand. 2.5%.
UK 0.5%.
ECB 0.25%

Guide to Fixed Deposits as well as list down the top ones in the market.

http://savemoney.my/fixed-deposit-rates-comparison-tool/

http://savemoney.my/best-fd-rates-in-malay...1-for-one-year/

CASA stands for Current Account / Savings Account

Over The Counter FD Rates - Credit to cybpsych

|Bank|[center]1 mth[/center]|[center]3 mths[/center]|[center]6 mths[/center]|[center]12 mths[/center]|Others|Notes|
|Affin|[center]3.05%[/center]|[center]3.10%[/center]|[center]3.25%[/center]|[center]3.60%[/center]|||
|Alliance|[center]3.00%[/center]|[center]3.00%[/center]|[center]3.10%[/center]|[center]3.20%[/center]|FD Gold 3.30%|Interest paid monthly|
|AmBank|[center]2.95%[/center]|[center]3.00%[/center]|[center]3.10%[/center]|[center]3.15%[/center]|Am50Plus 3.25%|Interest paid monthly, FREE PA|
|Citibank|[center]2.80%[/center]|[center]2.90%[/center]|[center]2.90%[/center]|[center]3.05%[/center]|||
|CIMB|[center]3.00%[/center]|[center]3.05%[/center]|[center]3.10%[/center]|[center]3.15%[/center]|||
|Hong Leong|[center]2.90%[/center]|[center]2.95%[/center]|[center]2.95%[/center]|[center]3.10%[/center]|||
|HSBC|[center]2.75%[/center]|[center]3.00%[/center]|[center]3.00%[/center]|[center]3.15%[/center]|||
|Maybank|[center]3.00%[/center]|[center]3.05%[/center]|[center]3.10%[/center]|[center]3.15%[/center]|||
|OCBC|[center]2.75%[/center]|[center]2.85%[/center]|[center]2.90%[/center]|[center]3.05%[/center]|||
|RHB|[center]3.00%[/center]|[center]3.05%[/center]|[center]3.10%[/center]|[center]3.20%[/center]||Revised down Jan 2012|
|Public|[center]3.00%[/center]|[center]3.05%[/center]|[center]3.10%[/center]|[center]3.20%[/center]|PB Golden 50 Plus 3.25%||
|Standard Chartered|[center]2.90%[/center]|[center]2.95%[/center]|[center]2.95%[/center]|[center]3.10%[/center]||Revised down Jan & May 2012|
|UOB|[center]2.90%[/center]|[center]2.95%[/center]|[center]2.95%[/center]|[center]3.10%[/center]||Revised down on 15 Dec 2011|
[right][snapback]66321388[/snapback][/right]
[/quote]

Alliance Bank Straight Forward Fixed Deposit Promo 3.45% 6 Months. No CASA condition. Ends 31 March 2014.
Alliance Bank has extended their FD Promo until end of March. So, maybe you may want to consider signing up with Alliance Bank and get their Debit Card were you can earn up to 2% cash back from your transactions. credit to Gen-X

[SIZE=7]Bank Rakyat FD rate as March 2014

QUOTE(adolph @ Mar 21 2014, 01:40 AM)

1 month = 3.20%
2 month = 3.20%
3 month = 3.60%
4 month = 3.60%
5 month = 3.60%
6 month = 3.65%
7 month = 3.65%
8 month = 3.65%
9 month = 3.75%
10 month = 3.75%
11 month = 3.75%
12 month = 3.90%
15 month = 3.95%
18 month = 4.00%
24 month = 4.10%
36 month = 4.15%
48 month = 4.20%
60 month = 4.40%
> 60 month = 4.50%

[right][snapback]67064589[/snapback][/right]

Affin Bank FD Promo Up to 4.18% and Horse Figurine Contest - Ends 30 April 2014
http://3.bp.blogspot.com/-kru2Q6Q84GU/UsOW...motion+2014.jpg
The 4.18% interest rate is only applicable if you deposit RM100K into CASA.

credit to Gen-X

UOB Bank FD Promos - Ends April 2014
3 Months - 3.35%
12 Months - 3.55%
13 Months - 3.65%

All 3 promos above needed to deposit 8% into CASA for Min 3 months (lockup)

Bank Simpanan Nasional 1 Year FD Promo - No PIDM

3.95% p.a., min FD placement is RM 10K, but need to put additional 15% fund in a saving account.
This 15% fund in saving account will be "locked" and cannot withdraw for 1 year just like FD.
Saving account interest rate is approximately 0.4% p.a.
Effective rate is 3.486%

OCBC Bank - Savings Deal - 3 Months FD 4.28% until 31st March 2014.
OCBC is offering a new combo plan called Savings Deal where you can earn up to 4.28% for 3 months FD. However, this time you need to deposit equivalent amount into CASA unlike the previous Combo Plan where one only requires 1/3 equivalent of the FD amount to be deposited into CASA.
(Condition for the Promo: At least half the placement of the FD amount is to be earmarked in a CASA account for 3 months.)

OCBC Bank Straight Forward FD Promo. No CASA thing. Valid until 31 March 2014 - credit to Gen-X
3 months - 3.1% NO NEED FRESH FUND
12 months - 3.3% NO NEED FRESH FUND

Am Bank FD Promo - Will end on 31 March 2014 (Updated) - Credit to BoomChaCha

(A) 3.38% for 6 months tenure
(B) 3.70% for 18 months tenure

Terms & Conditions
(i) Regardless of new or existing customers
(ii) Must take both (A) & (B)
(iii) Minimum fresh fund RM 10K. FD fund will split 50% and 50% into (A) & (B) respectively.
(iv) FD interest will deposit into AM Bank saving account every 6 months.

PB FD Rush Promo - Valid from 1 March to 30 April or Upon reaching RM 1 Billion fund size, whichever is earlier

MayBank CASA“Rewards & Bonus” Campaign -- Up to 4% p.a. for Islamic Accounts

QUOTE(BoomChaCha @ Mar 21 2014, 01:41 PM)

MayBank CASA “Rewards & Bonus” Campaign -- Up to 4% p.a. for Islamic Accounts

Promotion Period: 1 March to 31 July 2014
Term and Condition: Cannot withdraw fund until 30th September 2014
Win Monthly Prizes: 75x iPad Air, 75x iPhone 5S, 15x 24K Gold Coin
Minimum Placement: RM 5K
Maximum Placement: RM 1 million

[attachmentid=3899240] [attachmentid=3899241]

Note that the interest credit is done within TWO months of end of campaign (by 30thSept 2014).

Source:
http://www.maybank2u.com.my/
Home > Promotions > Accounts & Banking > Casa “Rewards & Bonus” Campaign
[right][snapback]67071277[/snapback][/right]

Banker's Cheque Fee purely for FD Upliftment/Withdrawal (Do not combine with other accounts, i.e. Savings Account)
Affin - FREE
Alliance - FREE
AmBank - RM2.15
Bank Rakyat - FREE
CIMB - FREE
Citibank - RM0.15
HLB - RM5.15 (PB Customers RM0.15)
HSBC - RM5 same day or RM2 next day (no RM0.15 Stamp Duty??)
Maybank - RM5 or RM5.15?
MBSB - FREE
OCBC - FREE
PBB - RM2.15
RHB - RM5.15
SCB - RM2.15
UOB - RM0.15 (in Penang) or RM2.15 (in Klang Valley!!!???) Conflicting reports.

WEBSITE FOR FD RATES & LATEST PROMO
http://generationsxyz.blogspot.com/p/fixed-deposit.htmlcredit to Gen-X

Notice / Disclaimer:-
Call & Visit the respective banks for confirmation & latest promotion.
We are not liable to any misinformation which might cause any financial or opportunity loss (which include FD rates & any others information)

Axiata Tower IPO

davinz18 — Mon, 26 Aug 2013 14:57:01 +0800

Malaysia's Axiata plans $500 mln tower assets IPO

Malaysia's largest mobile phone operator by market value Axiata Group Bhd is planning an initial public offering (IPO) of its telecommunication tower assets estimated to be worth up to $500 million, three people familiar with the deal said.

CIMB Group Holdings Bhd and Goldman Sachs Group Inc are involved in the offer, which is expected late next year, the sources said. They declined to be identified as the discussions were confidential.

Axiata officials were not immediately available for comment.

Telecommunication firms currently trade at six times earnings before interests, taxes, depreciation and amortisation while tower companies trade at 10 times.

Gold Investment Corner V7

davinz18 — Wed, 31 Jul 2013 16:15:52 +0800

Previous Version of Gold Investment Corner
Buying Gold As Investment V1
Buying Gold As Investment V2
Buying Gold As Investment V3
Gold Investment Corner V4
Gold Investment Corner V5
Gold Investment Corner V6

1)Daily Gold Price RM/gram -------> http://jinjack.net/vdraw/grab/gold_rate/

2)Live Gold Price --------> http://goldprice.org/spot-gold.html

3)Gold Volatility Index --------> http://www.cboe.com/micro/gvz/introduction.aspx

Matrix Capacity Petroleum Berhad

davinz18 — Sat, 27 Jul 2013 14:54:02 +0800

Matrix will be the largest SPAC hopeful of a listing as it is looking to raise US$350mil (RM1.09bil) from the listing exercise. The board of directors comprise of four members so far, two which are well known Malaysian corporates - Asgari Mohd Fuad Stephens of Mudajaya Group Bhd fame, and Tan Sri Syed Anwar Jamalullail, who is presently chairman of Cahya Mata Sarawak Bhd.

The other directors are exploration and production experts Basil Law from Shell Sabah and Sarawak, and Dr Peter Wentworth from the BP Group of companies. Both have many years of experience in the oil and gas industry.

RHB Investment Bank Bhd is the investment bank which will be making the submissions to the Securities Commission next month.

Pareto Securities Pte Ltd, a Nordic energy focused investment bank, and RHB are the joint bookrunners for this SPAC listing. The marketing for its initial investors have now begun, say sources.

Pareto is in charge of the overseas portion while RHB will be handling the Malaysian portion.

The source adds that there was also an advisory panel board, which consisted of big names from the international oil and gas arena. This panel would advise Matrix when it reached the point of making its qualified acquisition.

The panel members include Ian Lundin, who is chairman of Lundin Petroleum and Keith Hill who is president and CEO of Africa Oil Crop. The other member is Harry Doust.

Lundin Petroleum has exploration and production assets mainly in Norway and South East Asia. It also has assets in France, Netherlands and Russia.

Royce Pharma Bhd

davinz18 — Thu, 25 Jul 2013 18:57:16 +0800

PHARMACEUTICAL company Royce Pharma Bhd aims to raise as much as RM30 million from its planned listing on Bursa Malaysia's ACE Market next year.

Executive deputy president Datuk Chandrasekar Suppiah said the company will use the money raised from the initial public offering (IPO) for research and development to expand its product line and presence in Asia.

He said Royce is expanding its portfolio to include injectables, infusions, slow release drugs and creams, long-term therapy medications, and additional health and dietary supplements.

"As we want to deliver new products faster to the market, there may be a need to engage in foreign joint-venture partnerships either via knowledge transfer, or acquisitions," he said in an interview here yesterday.

Royce, formerly Asia Pharmaceuticals Sdn Bhd, manufactures generic pharmaceutical products at its factory in Nilai, Negri Sembilan.

The company, headed by Zainal Ariff Mahmood, was set up some 30 years ago. It was taken over by its current management in 2004.

Royce has over 90 products in its portfolio, majority of which are sold locally and the rest in Myanmar, Cambodia and Vietnam via agents.

It is venturing into Thailand, Indonesia and the Philippines to diversify its income stream, said Chandrasekar.

M&A Securities is advising the company on the IPO exercice. The draft prospectus will be finalised within the next two months.

Chandrasekar said consultants have been appointed to help with the IPO and due diligence is ongoing.

"We hope to list by the first quarter of next year. We will list on the ACE Market first before moving to the Main Market."

Chandrasekar said Royce is also seeking growth in the local pharmaceutical industry, where it intends to supply its products to the private sector.

"The industry here is very stable, growing five to seven per cent per year. There is great growth potential," he said.

The industry was valued at RM4.83 billion in 2011 and projected to grow to RM6.79 billion by 2016.

The positive outlook stems mainly from the country's growing and ageing population, the prevalence of chronic lifestyle diseases leading to greater pharmaceutical use and increased spending on healthcare, among others.

Themed Attractions and Resorts Bhd

davinz18 — Fri, 14 Jun 2013 15:40:55 +0800

Khazanah Nasional Bhd plans to raise as much as US$400 million (RM1.3 billion) in an initial public offering (IPO) of its theme park business, say two people with knowledge of the matter. Khazanah is working with Malayan Banking Bhd (Maybank) and Bank of America Corp on the share sale.

Themed Attractions and Resorts owns KidZania, Legoland Malaysia and Puteri Harbour Family Theme Park, which houses the first Sanrio Hello Kitty Town outside Japan.

UMW Oil & Gas Corp Bhd (5243)

davinz18 — Fri, 17 May 2013 14:52:59 +0800

UMW Holdings Bhd has proposed to list its oil and gas (O&G) unit, UMW Oil & Gas Corp Bhd (UMW-OG), on Bursa Malaysia's Main Market.

The proposed initial public offering (IPO) is for up to 843.18 million shares of 50 sen each in UMW-OG. A total of 611.8 million shares will be made available to retail and institutional investors. The institutional offering involves the offer of up to 648.6 million shares, representing 30% of the enlarged issued and paid-up share capital of UMW-OG. The price of the institutional offer will be determined by a book-building exercise.

Meanwhile, 194.58 million IPO shares will be made available for retail investors at a yet-to-be-determined price, representing 9% of the enlarged issued and paid-up share capital of UMW-OG.

UMW-OG is involved in the upstream sector of the O&G industry, providing offshore drilling and oilfield services, including engineering and maintenance services.

Prior to listing, the company will undertake an internal reorganisation exercise involving the transfer of the offshore drilling business and certain companies in the oilfield services division under UMW and its subsidiaries to UMW-OG.

The latter entered into sale and purchase agreements on May 14, 2013 in relation to the internal reorganisation. The listing of and quotation for its entire enlarged issued and paid-up share capital of RM1.081bil comprises 2.162 billion UMW-OG shares on Bursa's Main Market.

“The proposed listing of UMW-OG is a key strategic initiative by UMW, which is expected to accelerate the growth of the O&G business within the UMW group and enable UMW to unlock and crystallise the value of its investment in the UMW-OG group and enhance the shareholders' value at UMW level,” said UMW president and group chief executive officer Datuk Syed Hisham Syed Wazir in a statement. The proceeds from the IPO will assist it in reducing its existing borrowings.

Maybank Investment Bank Bhd and CIMB Investment Bank Bhd have been appointed as the joint-principal advisers to UMW and UMW-OG for the proposals.

UMW expects the proposals to be completed by the fourth quarter of 2013.

Opening of application 03/10/2013
Closing of application 14/10/2013
Balloting of applications 18/10/2013
Allotment of IPO shares to successful applicants 30/10/2013
Tentative listing date 01/11/2013

Kanger International Berhad

davinz18 — Thu, 16 May 2013 19:06:50 +0800

Bamboo flooring manufacturer Kanger International Bhd is set to be the 10th China-based company to be listed on Bursa Malaysia.

The company will be issuing 80 million new shares in its initial public offering (IPO), representing 18.6% of the company's enlarged issued and paid-up share capital.

The IPO entails 22 million new shares for the public, and 58 million new shares to be allocated to selected investors via a private placement.

The company specialises in the manufacturing and trading of bamboo flooring and related products for the residential and commercial markets under its brands Kanger and KAR Masterpiece, as well as acting as an original equipment manufacturer at the request of customers.

Financially, the company has been on a growth trajectory over the past three years, with its financial year ended Dec 31, 2012 (FY12) seeing it recording a net profit of RM6.36mil on a revenue of RM38.5mil, compared to a net profit of RM3.07mil on a revenue of RM23.41mil in FY11. In FY10, meanwhile, the company posted a net profit of RM969,000 on a revenue of RM14.83mil.

Kanger intends to use 34.09% of its IPO proceeds as working capital, 22.73% as research and development expenditure and 11.36% as capital expenditure, with the rest - 31.82% - being utilised immediately upon listing for listing expenses.

Its chairman is Datuk Paduka Sharipah Hishmah Sayed Hassan, a member of the Perlis royalty, who runs several businesses, including the La Cucur food outlet. She will own a 3.93% indirect stake in the company post-IPO.

She is also the sister-in-law of the Raja of Perlis Tuanku Syed Sirajuddin Jamalullail, another shareholder of the company, and her son, Syed Hazrain Syed Razlan Jamalullail, is also a director in the company.

Kanger's managing director and founder Leng Xingmin owns the major stake in the company with 67.7%, which will be diluted to 55.17% post-IPO.

Opening of application 06/12/2013
Closing of application 13/12/2013
Balloting of applications 16/12/2013
Allotment of IPO shares to successful applicants 20/12/2013
Tentative listing date 23/12/2013