Remember FREE Gold Tickets Giveaway for National Achievers Congress 2014 contest that 1-million-dollar-blog sponsor last April? I was there and the event was excellent. I hope all the winners found it good as well.
Judging by the crowd turn out at the National Achievers Congress Malaysia (NAC) 2014, the 3-day event was a tremendous success. Held on 23rd – 25th May 2014 at the Malaysia International Exhibition & Convention Centre (MIECC), the event was a sold out with many late enthusiasts regretting that they had not purchased tickets earlier.
5,500 attendees came in droves to get the best seats at the congress and with notepads and name cards in tow, they were all eager and ready to network and soak up everything the presenters had to offer. The energy in the room was unbelievable. There was only one thing on their minds – success. They wanted to learn how to put success in their books from the individuals who have
made it.
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Icon Offshore Bhd, an offshore support vessel (OSV) provider, is scheduled to be listed in Main Market of Bursa Malaysia on 25th June 2014.
The Initial Public Offering (IPO) consists of 510.77 million shares comprising offer for sale up to 289.02 million existing shares and public issue of 221.75 million new shares. 460.15 million will be offered to institutional investors, 15.30 million shares to the eligible directors and employees while the remaining 35.32 million shares will be opened to the Malaysian public.
The retail price of the offering is RM1.85 per share at RM0.50 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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Boustead Plantations Bhd, the plantation arm of Boustead Holdings Bhd, is scheduled to be listed in Main Market of Bursa Malaysia on 26th June 2014.
The Initial Public Offering (IPO) consists of 656 million shares comprising offer for sale up to 76million existing shares and public issue of 580 million new shares. 163.57 million will be offered to institutional investors, while the remaining 492.43 million will be offered to retail investors, including unitholders of Al-Hadharah Boustead Reit, Boustead Holdings and eligible directors and employees. 64 million shares will be opened to the public.
The retail price of the offering is RM1.60 per share at RM0.50 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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Previously, we looked at top 26 world’s sovereign largest pensions fund. The different between sovereign and non-sovereign funds are the fund ownership.
Sovereign fund is established by national authorities for the meeting of pension liabilities. So, this raking is quite similar to world’s largest pension funds but without private funds such as General Motors pension funds.
Malaysian largest pension fund, EPF drop 2 spots from 10th in 2012 to 12th spot in 2013 but the funds’s total assets grew from $153.89 billion to $175.72 billion. On the other hand, KWAP up 13 spots from 130th in 2012 to 117th in 2013. The total assets grew from $24.86 billion to $29.06 billion.
The table below shows top 300 world’s largest pension funds. The data shown here are as of end 2012 & early 2013.
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7-Eleven Malaysia Holdings Berhad Initial Public Offering (IPO) received an overwhelming response with its public portion of 34 million shares. It was oversubscribed by 4.8 times. The IPO attract 12,761 applications for 195.78 million shares.
The Institutional Price was fixed at RM1.38 per Offer Share. Accordingly, the Final IPO Price for the Retail Offering is fixed at RM1.38 per Offer Share as set out in the prospectus. As such there is no refund to be made to successful retail applicants.
Below are the allotment summary.
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