Malakoff Corporation Berhad IPO

Malakoff Corporation BerhadMalakoff Corporation Bhd, the largest independent power producer (IPP) in Malaysia, is scheduled to be listed in Main Market of Bursa Malaysia on 15th May 2015. This IPO will likely be the biggest in Malaysia this year.

The Initial Public Offering (IPO) consists of 1.52 billion shares, comprising of an offer for sale of up to 521 million existing shares and a public issue of 1 billion new shares. The retail offering portion involve 242.5 million shares would be for eligible directors, staff, people who contributed the company and Malaysian public.

The retail price of the offering is RM1.80 per share at RM0.10 par value. The final retail price will be determine through book building exercise. If the final retail price is less than the retail price, there will be a refund to the retail investors.

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FREE Boss Rescue 2015 Seminar

Boss Rescue SeminarBoss Rescue is a one full day seminar featuring leading experts in business that aim to equip existing and future entrepreneurs with practical advice and knowledge.

You will discover the necessary tools and strategies to “rescue” you from the difficulties, challenges and pitfalls of running a business – in good times and bad.

Originally started as a radio programme organised by Astro Radio Sdn Bhd at Melody FM but will be held live for the first time in Kuala Lumpur.

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MyETF MSCI SEA Islamic Dividend IPO

MyETFMyETF MSCI SEA Islamic Dividend is an Islamic exchange traded fund (ETF) is scheduled to be listed in Main Market of Bursa Malaysia on 7th May 2015. The Islamic ETF fund will have a fund size of 500 million units with an initial issue price of RM1 per unit.

ETFs are essentially unit trust schemes that are listed and traded on a stock exchange. They are open-ended with a unique in-kind creation and redemption mechanism supported by a system of participating dealers and liquidity providers.

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Bioalpha Holdings IPO Oversubscribed by 32.73 times

Bioalpha HoldingsBioalpha Holdings Berhad Initial Public Offering (IPO) received an overwhelming response with its public portion of 20 million shares. It was oversubscribed by 32.73 times. The IPO attract 9,804 applications or 663.7 million shares.

Notices of Allotment will be dispatched by post to all successful applicants on or before 13th April 2015. Kronologi Asia is expected to be listed on the ACE Market of Bursa Malaysia on 14th April 2015 under stock name “BIOHLDG”.

Below are the allotment summary.

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ASB2 Unitholders Get 7.75 sen Dividend for 2015

ASB2Amanah Saham Bumiputera 2 (ASB2) unitholders will receive a maiden dividend of 7.75 sen per unit for the financial year ending 31st March 2015. The dividend comprised of 7.5 sen dividend and 0.25 sen of special dividend.

ASB2 was the best performing newly-launched unit trust fund in a one-year subscription period, compared to other fixed-priced products previously launched by ASNB.

Kindly refer to “Historical Amanah Saham Bumiputera 2 (ASB2) Dividend Rate” page.

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