Lowyat.NET: Latest topics by hyzam1212

Apple Vacations Group Of Companies

hyzam1212 — Tue, 13 Dec 2016 09:12:58 +0800

PETALING JAYA: Apple Vacations Group of Companies, which has been in the outbound travel trade for 20 years, is all geared up to go for initial public offering (IPO) within the next six to seven months, according to executive chairman Datuk Seri Lee Ee Hoe.

Apple reported a net profit of RM12.5mil and revenue of about RM250mil in the last financial year ended July 31, 2016. Both net profit and revenue rose 30% over the previous financial year.

“We have met with the Securities Commission twice to inform them of our plan and we are now in the midst of preparing listing documents for submission by July 2017,” said Lee, who co-founded Apple with group managing director Datuk Koh Yock Heng.

http://www.thestar.com.my/business/busines...ns-set-for-ipo/

about

Loob Holding Sdn Bhd IPO

hyzam1212 — Thu, 18 Aug 2016 22:20:34 +0800

PUTRAJAYA: Loob Holding Sdn Bhd, the licensed owner of bubble tea chain Chatime Malaysia, aims to open 200 additional outlets nationwide under its three-year expansion plan, said chief executive officer Bryan Loo.

As for the company’s long-term plan, Loo said it planned to go for an initial public offering on Bursa Malaysia in the next two years.

He said due to the weaker market sentiment, the company had to hold its plans for now and would execute it in 2018.

http://www.thestar.com.my/business/busines...s-2018-listing/

KYS Education Group IPO

hyzam1212 — Tue, 26 Jan 2016 13:14:25 +0800

KYS Education Group seeks RM500 million valuation in IPO

- See more at: http://www.themalaysianinsider.com/busines...h.ATJJfmdf.dpuf

http://www.themalaysianinsider.com/busines...aluation-in-ipo

Return of the Jedi

Metrowealth International Group (MIG) IPO

hyzam1212 — Fri, 16 Oct 2015 12:37:30 +0800

femes in mainstream malay films...

MIG Syarikat Produksi Pertama Bakal Disenaraikan Di Bursa Malaysia

http://www.mstar.com.my/hiburan/berita-hib...ig-bursa-saham/

IPO: Only World Group Holdings Berhad (OWG)

hyzam1212 — Wed, 30 Oct 2013 18:27:09 +0800

http://www.theedgemalaysia.com/in-the-edge...o-proceeds.html

Barakah Offshore RCULS

hyzam1212 — Sat, 05 Oct 2013 19:10:58 +0800

Barakah Offshore offers RM41.6m loan stocks under listing plan

KUALA LUMPUR: Barakah Offshore Petroleum Bhd is offering RM41.60mil in nominal value of loan stocks at 20 sen each under its restructuring scheme ahead of its Nov 6 listing.It said on Friday it was offering the nominal value renounceable cumulative unsecured loan stocks (RCULS) on a the basis of one RCULS for every three share held under the restructuring as at 5pm.The company had on Friday launched its abridged prospectus inconjunction with its proposed non-renounceable offer of RCULS.The offer of RCULS is part of the scheme for the listing on the Main Market of Bursa Malaysia Securities Bhd.“Upon its listing on Bursa Malaysia, the market capitalisation of Barakah will be RM405.6mil, based on its share capital of RM124.8mil comprising 624.06 million Barakah shares and the issue price of the new Barakah shares of 65 sen,” it said.Its founder and executive deputy chairman Nik Hamdan Daud said: “The listing of Barakah on Bursa Malaysia marks an exciting new phase of expansion for us since we started PBJV (PBJV Group Sdn Bhd) back in year 2000.“We have grown tremendously with home-grown talents as an oil and gas pipeline services specialist, and as we continue to grow our business, we will complement our people with larger asset base to become a major player in oil and gas services in the region.”Barakah group is an upstream and downstream service provider in the O&G sector. Barakah’s unit PBJV Group has been an active player in the O&G pipeline services since year 2000.For FY ended Sept 30, 2012, the group posted RM202mil in revenue and net after-tax profit of about RM33mil.Its diverse O&G customer base include Petronas, Petrofac, Talisman, Exxon-Mobil and Newfield.

New to this RCULS concept...anyone cn explain further?

IPO: Seven Convenience Sdn Bhd

hyzam1212 — Thu, 15 Aug 2013 08:27:59 +0800

Yet another 'money' move again by Mr VT...

KUALA LUMPUR: Tycoon Vincent Tan has appointed UBS AG and Maybank Investment Bank Bhd, among other banks, to manage an initial public offering of his 7-Eleven convenience-store franchise that could raise as much as US$200mil, people with knowledge of the matter said.

The Wall Street Journal reported two people as saying that neither the size of the offering nor the timing has been decided, but the IPO could take place later this year or next year and could value the company at as much as US$800mil. Tan had been looking to sell as much as 49% of his 7-Eleven Malaysia Sdn Bhd, including through a direct stake sale, but has decided on an IPO, one of the people said.

http://www.thestar.com.my/Business/Busines...Eleven-IPO.aspx

IPO: Red Sena Bhd

hyzam1212 — Mon, 05 Aug 2013 11:08:43 +0800

PETALING JAYA: The first food and beverage (F&B) special purpose acquisition company (SPAC), named Red Sena Bhd, is expected to hit the market sometime by early next year and will be led by former Fraser & Neave Holdings Bhd (F&N) chief executive officer (CEO) Datuk Tan Ang Meng (pic), industry sources said.

StarBizWeek had speculated in the July 20 cover story on SPACs that Tan was studying the possibility of listing a food and beverage (F&B)-focused SPAC.

Sources said the Red Sena SPAC submission to the Securities Commission should take place by the end of this month and that it was targeting to raise RM500mil through the flotation.

“Initial investors have been secured,” the source said, adding that RHB Investment Bank Bhd is the key advisor in the deal.

The key management team for Red Sena are said to be made up of a number of Tan’s key people during his nine-year tenure as CEO in F&N.

The sources explained that Red Sena’s focus would be on manufacturing, distribution and selling of F&B products to end-users.

These are key areas of focus which has been F&N’s successful niche in Malaysia.

F&N is best known as the purveyor of carbonated soft drink and holds a leading market share in many of the nation’s beverages and dairy products. Its core business is in the manufacture, sale and marketing of soft drinks, dairies, non-carbonated beverages as well as property.

“The management of Red Sena has been instrumental in the growth of F&N in Malaysia in the last decade. They bring expertise in the area of manufacturing, sales and marketing,” said a source close to the deal.

If successful in its application, Red Sena will be the first non-oil and gas SPAC to get listed in Malaysia.

According to sources, promoters of the SPAC are determined to build a home-grown successful F&B group, in an industry which seems dominated by foreign players.

Among the leading F&B players in the market today are F&N (which is Singaporean owned), Danone (French) and Nestle (Swiss).

Sources confirmed that Tan would become CEO of Red Sena. Industry sources said that during his nine-year stint as head honcho there, F&N Malaysia’s earnings grew at a compounded annual growth rate (CAGR) of over 20%.

Presently Tan is also director in United Malacca Bhd and Mega First Corp Bhd.

The role of chief operating officer will be taken up by James Teo, the former managing director of F&N Beverages Marketing Sdn Bhd.

Meanwhile the chief financial officer would be Tan Eng Guan, who was also formerly F&N’s CFO and has some 29 years of experience in the industry, sources said.

The board of directors includes Ismail Abdul Halim, who is an executive director in biscuit company Khong Guan Enterprise Sdn Bhd. Ismail’s expertise is in manufacturing and distribution. Khong Guan is a major biscuit manufacturer in Malaysia with six biscuit factories in the country. Its products are distributed to the South-East Asia markets.

Another member of the team is Ian Yoong, who was formerly senior vice-president for the retail broking division in CIMB Investment Bank Bhd. He would be director in Red Sena, source said, with his area of expertise in fundraising and capital market requirements.

An advisor to the company is Richard Ong Kuee Hwa, who was formerly the chief broadcasting officer in Star Publications (M) Bhd. He is currently a director in Sunrise Bhd and JSPC i-Solutions Bhd.

http://www.thestar.com.my/Business/Busines...management.aspx

red...should bnyk ong

IPO: IOI Properties Group Berhad

hyzam1212 — Fri, 12 Jul 2013 17:38:08 +0800

PETALING JAYA (July 12, 2013): IOI Properties Group Bhd, en route to a listing on the Main Market of Bursa Malaysia later this year, is distributing 2.162 billion shares held by its parent IOI Corp Bhd.

According to its draft IPO prospectus posted on the Securities Commission website yesterday, it said the distribution-in-specie would be on the basis of one IOI Properties share for every three shares held in IOI Corp, which indicatively amounts to about 66% of the enlarged IOI Properties.

Post-distribution, it is also proposing a non-renounceable restricted offer for sale of all of the remaining IOI Properties shares to be held by IOI Corp, amounting up to 1.08 billion IOI Properties shares, to the entitled shareholders of IOI Corp on the basis of one IOI Properties shares for every six IOI Corp shares.

IOI Properties is proposing to issue up to 3.24 billion existing shares under its initial public offering by way of distribution-in-specie and restricted offer for sale to the existing shareholders of IOI Corp.

IOI Properties said it would not be raising any funds from the listing exercise as it would not be issuing any new shares.

The demerger and listing of IOI Corp's property arm look set to create the largest developer on Bursa Malaysia in terms of market capitalisation.

It was reported that IOI Corp under the demerger exercise will inject its property assets and related subsidiaries at RM12.68 billion into IOI Properties, while at the same time, capitalising RM1.8 billion of inter-company debt into equity in IOI Properties.

Under the relisting plan, IOI Corp will dispose of its entire 99.8% stake in IOI Properties to a new entity for RM9.77 billion via the issuance of up to 2.19 million new shares.

The group will also sell other subsidiaries involved in property development to IOI Properties for RM2.58 billion in exchange for 589.27 million new ListCo shares.

IOI Corp will also sell 202ha of agriculture land in Rompin, Pahang, and 517ha in Segamat, Johor, to ListCo for RM276 million in return for 61.89 million new shares.

IOI Properties will also buy a 10% stake in Property Village Bhd and another 10% in Property Skyline Sdn Bhd from Summervest Sdn Bhd, which is controlled by Lee for RM196.34 million.

IOI Corp chairman Tan Sri Lee Shin Cheng had said that he was expecting not less than RM1 billion in annual operating profit from the new listed entity in the next three years, adding that earnings contribution would come not only from Malaysia but also from Singapore and China.

In the financial year ended June 30 last year, IOI Corp's property division recorded an operating profit of RM506.3 million.

http://www.thesundaily.my/news/768180

Its about time we have this specific thread

Can anybody enlighten us wht actually they are planning to do for the IPO

[WTS]Madison Diagonal Pleated Lindsey Satchel

hyzam1212 — Sat, 11 May 2013 01:54:54 +0800

AUTHENTIC LIMITED EDITION NEW COACH BAGS DIRECT FROM USA

[attachmentid=3432376][attachmentid=3432377][attachmentid=3432381]
[attachmentid=3432399][attachmentid=3432402]

Item: (1) Coach Handbag - Madison Diagonal Pleated Patent Lindsey Satchel - B4 Violet

Colour: Violet

Other Details: Just Bought From New York This Year, 100% Leather, Brand New With Tags And Care Card

Retail Price: RM 2905 (Boutique: The Gardens Mid Valley)

Offer Price: From RM 1500 DOWN to RM 1250 !!!

[attachmentid=3432429][attachmentid=3432434][attachmentid=3432435][attachmentid=3432436]

Item: (2) Coach Wallet - Madison Diagonal Pleated Patent Lindsey Satchel - B4 Violet

Colour: Violet

Other Details: Just Bought From New York This Year, 100% Leather, Brand New With Tags And Care Card

Retail Price: Havent Check Yet!

Offer Price: RM 500 Only!!!

Anything PM me make to make a deal with my wife! Best price guaranteed

IPO: SONA Petroleum

hyzam1212 — Fri, 08 Mar 2013 09:29:28 +0800

PETALING JAYA: Sona Petroleum Bhd, the fifth special purpose acquisition company or SPAC, intends to raise up to RM550mil via its initial public offering (IPO) that comprises up to 1.1 billion new shares.

In its draft prospectus, the company said it would utilise 90% of its proceeds to acquire rights or equity interests in small to medium-sized exploration and production assets.

It said its preference is to acquire assets either onshore or offshore in shallow water depths of not more than 120 metres.

The company would be led by managing director Datuk Seri Hadian Hashim, who is currently a non-executive director and shareholder of the Baker Hughes group in Malaysia and independent non-executive chairman, Dutchman Andreas Johannes Raymundus van Strijp.

He has more than 30 years experience in the oil and gas (O&G) industry, mainly with international O&G giant Shell.

The company’s executive director and chief financial officer is Datuk Maznah Abdul Jalil.

Maznah was previously senior group director for corporate finance and corporate advisory for DRB-Hicom Bhd.

CIMB Investment Bank, OSK Investment Bank and RHB Investment Bank are the joint principal advisers, joint placement agents and joint managing underwriters for the IPO.

soshttp://biz.thestar.com.my/news/story.asp?f...16&sec=business

This seems to get the top IBs...new OnG contracts expected?

New IPO: Leon Fuat Bhd

hyzam1212 — Thu, 14 Feb 2013 13:36:25 +0800

Deserved a new thread...Uploaded on MITI

The group established it's first business entity in early 1970's and continues as a vibrant and independent steel processing centre and distributor of steel products. Over the years, we have developed expertise which now places us as one of the industry leaders in the cutting, shearing and distribution of steel material.

http://www.sc.com.my/main.asp?pageid=1173

http://www.leonfuat.com.my/

Less than RM1 but plan to be listed on the main market...Another Hiap Huat siblings ?

TerraGali Resources Bhd IPO

hyzam1212 — Fri, 08 Feb 2013 10:00:17 +0800

KUALA LUMPUR: TerraGali Resources Bhd, which is en route for listing on the main market of Bursa Malaysia, is expected to raise gross proceeds of between RM150mil and up to RM300mil from its initial public offering (IPO).

According to its draft prospectus, TerraGali is selling between 200 million and up to 400 million public issue shares together with between 200 million and up to 400 million warrants representing between 67.40% and up to 80.53% of its enlarged issued and paid-up ordinary share capital (after its public issue). The issue price of its IPO is 75 sen.

A bulk of its shares issue will be allocated for private placement and initial investor by way of restricted offer for subscription with some 10 million shares and 10 million warrants allocated to the public.

The company said it would utilise its total proceeds from the IPO for the acquisition of a target asset, working capital requirements and defray listing expenses.

TerraGali is an investment holding company and has yet to commence operations. It intends to list on Bursa Malaysia as a special-purpose acquisition company (SPAC).

SPACs are companies which have no operations or income-generating business at the point of IPO but undertake an IPO for the purpose of raising funds to acquire operating companies or businesses.

Although it has not commenced any operations yet, TerraGali intends to establish itself as an international mining development and production company.

It will be focusing on acquiring mineral assets and or companies involving in precious metals including gold and silver and base metals such as copper, tin, lead, zinc and cobalt located in Africa, Asia and Oceania regions.

TerraGali also intends to acquire interests in mining companies and/or assets with established mineral resource with relatively low to moderate risk level.

sos: http://biz.thestar.com.my/news/story.asp?f...08&sec=business

Another SPAC in the making...