Initial Public Offering

Sentoria Group Berhad IPO

Sentoria Group Berhad

Sentoria Group Bhd, a property developer, general & civil engineering, and hotel & theme park operator is scheduled to be listed in Main Market on 23rd February 2012.

The Initial Public Offering (IPO) consists of public issues of 60 million new ordinary shares at an IPO price of RM0.87 per share at RM0.20 par value.

Out of 60 million shares, 30 million shares are for private placement to selected investors, 20 million shares for application by Malaysian public and the remaining 10 million shares are made available to directors, employees and business associates of Sentoria Group Berhad.

On top of that 40 million existing shares are for sale to the selected Bumiputera investors approved by MITI.

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China Stationery Limited IPO


China Stationery Limited, an integrated plastic stationery China-based company is scheduled to be listed in Main Market on 24th February 2012.

The IPO consists of public issue of 90 million ordinary shares at an IPO price of RM0.90 per share with SGD0.001 par value. Out of this, 60 million shares are allocated to Malaysian public, and the remaining 30 million shares are allocated for private placement. On top of that, 133 million shares are for sale to selected investors.

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3 Most Wanted IPOs in 2012

Initial Public Offering

The year 2011 almost reaches its end with 4 big IPOs listed in Bursa Malaysia. These IPOs were MSM Malaysia, Bumi Armada, UOA Development, and Pavilion REIT.

MSM Malaysia & Bumi Armada IPO were performing very well since listing. On the other hand, UOA Development performed badly with the current price almost half of the listing price. Performance of Pavilion REIT IPO remained to be seen when it will be listed on 7th December.

In 2012, there will be 3 most-wanted IPOs namely, Felda Global Ventures Holdings, Integrated Healthcare Holdings (IHH) and Gas Malaysia. Probably, there will be more big IPO in 2012 but no details are currently available.

Felda Global Ventures Holdings

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Pavilion REIT IPO Oversubscribed by 7.49 times


Pavilion REIT (Real Estate Investment Trust) Initial Public Offering (IPO) received an overwhelming response with its public portion of 31 million units. It was oversubscribed by 7.49 times. The IPO attracted 9,446 applications or 232.3 million units.

In addition, 1.5 million units initially set aside for the Preferential Allocation were made available for balloting.

Institutional price was fixed at RM0.90 per unit & retail offering was fixed at RM0.88 per unit.

Below is the allotment summary.

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Pavilion REIT (Real Estate Investment Trust) IPO


Pavilion REIT (Real Estate Investment Trust) is scheduled to be listed in Main Market of Bursa Malaysia on the 7th December 2011. The Initial Public Offering (IPO) consists of 790 million units at an IPO price of RM0.88 per unit.

Out of these, 755 million units are offered to Malaysian and foreign institutional and selected investors and a retail offering of 35 million units to the Malaysian public, eligible tenants and directors of the Manager and its eligible employees, Urusharta Cemerlang Sdn Bhd, Capital Flagship Sdn Bhd and Kuala Lumpur Pavilion Sdn Bhd.

The institutional price will be determined by way of book building while for the retail application, it is payable at RM0.88 upon application. If the final retail price is lower, the difference will be refunded.

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