Incoming IPO August 2011

Kan Sam Foods Berhad

Business Description: 

Kan Sam Foods Berhad, through its subsidiary, JB Cocoa Sdn Bhd, engages in the production and sale cocoa ingredients in Malaysia. It offers cocoa liquor, cocoa butter, cocoa cake, and cocoa powder to food, beverage, and confectionary manufacturers. The company sells its products under JBCocoa brand name through distributors and trade houses, as well as exports to 50 countries worldwide. Kan Sam Foods Berhad is headquartered in Gelang Patah, Malaysia.

MSHK Corporation Berhad

Business Description: 

MSHK Corporation Berhad, through its subsidiaries, engages in the fabrication and maintenance of palm oil milling plant and machinery. The company was incorporated in 2007 and is based in Pusing, Malaysia.

Pasukhas Group Berhad

Business Description: 

Pasukhas Group Berhad, a mechanical and electrical engineering services company, provides design, system integration, fabrication, installation, testing, and commissioning of electrical and mechanical works for water treatment and sewerage industry, palm oil and sugar mills and refineries, and factories in the oil and gas and chemical industries. It also manufactures and distributes low voltage (LV) switchboards, including sub-switchboards and distribution boards, generator switchboards and auto mains failure panels, motor control centers and soft starters/VFD panels, auto and manual synchronizing panels, PLC panels and customized mimic panels, and outdoor feeder pillars in Malaysia, Indonesia, the Philippines, Sri Lanka, China, and Jamaica. In addition, the company trades in distribution and power transformers in Malaysia, Germany, the United Kingdom, Eritrea, Ghana, Malawi, Mozambique, Sudan, South Africa, Laos, Myanmar, the Philippines, Singapore, Indonesia, the United Arab Emirates, and Fiji Islands; and provides procurement, installation, and testing and commissioning of high voltage systems, power and distribution transformers, generator systems, LV systems, and extra low voltage systems. It serves automotive, steel and aluminum, textiles, power generation, packaging, converting, pulp and paper, and furnaces industries. The company was founded in 1985 and is based in Seri Kembangan, Malaysia.

EITA Resources Berhad

Business Description : 

EITA Resources Berhad, through its subsidiaries, engages in the design and manufacturing of elevator systems, busduct systems and metal stampings, and electrical and electronic components and equipment. Its elevator system includes elevators, travellators, escalators, lifts (passenger, goods/cargo, service, and handicap lifts), and dumb waiters; and electrical and electronic components and equipment comprise centralized dimming system, ballast for lighting systems, ignitors for lighting systems, information technology racking; and electrical distribution boxes. The company also involves in the marketing and distribution of various electrical and electronic components and equipment, including power distribution equipment, control equipment, and extra low voltage equipment. In addition, it provides maintenance services for the elevators, travellators, escalators, lifts, and dumb waiters; and implements security system solutions, such as physical security systems incorporating closed-circuit television systems and card access systems, apartment intercom systems, building SMATV systems and master antenna television systems, guest room control systems, and electrical systems. The company operates in Malaysia and internationally. EITA Resources Berhad was incorporated in 1996 and is based in Subang Jaya, Malaysia.

Sugar, sugarbabe, or sugardaddy

Coarse and fine sugar now cost RM 2.30 a kilo after 20 sen increase last May. According to news report Malaysians consumed about 1.4 million tons of sugar last year, and demand has been growing at a compound annual growth rate of 3.4% over last 10 years.

 Malaysia ingest more sugar than its neighbours at an average per capita consumption of 50Kg; Thailand come second with 40Kg while Indonesia, India and Philippines trail with 20Kg.

With the price increase, consumption may be lowered, and that is good for our health.

Professor Lustig from the University of California says sugar consumed quickly in large quantities is the primary reason behind the high number of obese and diabetic person. In addition, high sugar consumption also related to heart disease, hypertension and many common cancers.

How much sugar in our food?

Sugarbaby or Sugardaddy in Malaysia

Btw recent ipo related to sugar is MSM ipo.. maybe because sugar is very very very important staple in Malaysia... its jump to North pole during listing... 37.9% increase, or 43% increase for retail investor... not bad huh...? hahaha

somebody told me, MSM name is not so suitable, better replace by Sugarbabe or sugardaddy. Very hot n sweet IPO n now already touch RM 5.12

IPO PRICE : 

RM 3.38 -retail investor

RM 3.50 -Institutional Investor

as today 4July 11am, last done price is RM 5.12

BUMI ARMADA IPO vs Hibiscus Petroleum IPO

BUMI ARMADA IPO

Bumi Armada Bhd, Malaysia’s largest supplier of vessels for the oil and gas industry, said it secured cornerstone investors for its initial public offering in Kuala Lumpur.
Institutional investors Great Eastern Life Assurance (Malaysia) Bhd, Permodalan Nasional Bhd, HwangDBS Investment Management Bhd and Prudential Fund Management Bhd will own a combined 10.2 per cent of the company’s shares, Bumi Armada said in a statement in Kuala Lumpur today.

Offshore oil and gas services provider, Bumi Armada Bhd, which aims to raise RM2.029 billion from its initial public offering (IPO), has an order book of RM5.8 billion as at June 1, 2011. 

source: Business Times

Hibiscus Petroleum IPO

Hibiscus Petroleum Bhd will utilise its initial public offering (IPO) proceeds of between RM150 million and RM300 million to acquire stakes in one to three oil and gas exploration and production (E&P) companies.

"We intend to only venture into E&P opportunities, from low to moderate risk onshore opportunities and low risk shallow water offshore opportunities that have high upside potential," said Managing Director Dr Kenneth Pereira after launching the company's IPO prospectus here today.

Hibiscus Petroleum, the first special purpose acquisition company (SPAC) to be listed on Bursa Malaysia, is scheduled for listing on the Main Market on July 25. 
Source : Business Times

my comment:

already splash cash on old town ipo....need to withdraw money from SP SETIA..hahaha..

BUMI ARMADA, here i come....

BUMI ARMADA IPO Results

PUBLIC ALLOTMENT

BUMIPUTERA ALLOTMENT

Hibiscus Petroleum IPO balloting results

BUMI ALLOTMENT

PUBLIC ALLOTMENT

p/s : how to apply IPO via online? n wanna know recent IPO performance? click HERE

p/s: Incoming IPO August 2011

How to apply IPO via online?

What does IPO means?

investopedia definition:

The first sale of stock by a private company to the public. IPOs are often issued by smaller, younger companies seeking the capital to expand, but can also be done by large privately owned companies looking to become publicly traded.

In an IPO, the issuer obtains the assistance of an underwriting firm, which helps it determine what type of security to issue (common or preferred), the best offering price and the time to bring it to market.

Also referred to as a "public offering". 

So how to apply ?

via CIMB Clicks


i take MSM example, applied on 13 June 2011

step 1

step 2

step 3

MSM IPO, let see performance on listing, 28/6/2011

let see some IPO performance in Bursa Malaysia recently: