Caring Pharmacy Group Bhd, the operator of a chain of community pharmacies is scheduled to be listed in Main Market of Bursa Malaysia on 13th November 2013.
The Initial Public Offering (IPO) consists of public issues of 35 million new ordinary shares at an IPO price of RM1.25 per share and RM1.00 par value.
Out of this, 10.9 million shares are allocated for application by Malaysian public and 5.7 million shares reserved for the eligible directors, employees and shareholders of subsidiaries of the group. The remaining shares are for private placement.
Karex Bhd, rubber products manufacturer is scheduled to be listed in Main Market of Bursa Malaysia on 6th November 2013.
The Initial Public Offering (IPO) consists of public issues of 40.5 million new ordinary shares and offer for sale of 27 million ordinary shares at an IPO price of RM1.85 per share.
Out of this, 13.5 million shares are allocated for application by Malaysian public and 6.8 million shares reserved for the eligible directors, employees, business associates and person contribute to the company. The remaining shares are for institutional & private placement.
UMW Oil & Gas Corporation Bhd, a Malaysian offshore and drilling services, is scheduled to be listed in Main Market of Bursa Malaysia on 1st November 2013. This IPO set to be the biggest in Malaysia this year.
The Initial Public Offering (IPO) consists of 843.18 million shares, comprising of an offer for sale of up to 231.38 million existing shares and a public issue of 611.80 million new shares. The retail offering portion involve 194.58 million shares would be for eligible directors and staff and Malaysian public.
The retail price of the offering is RM2.80 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.
Westport Holdings Berhad Initial Public Offering (IPO) received an overwhelming response with its public portion of 68.2 million shares. It was oversubscribed by 5.30 times. The IPO attract 32,835 applications for 429.8 million shares.
The Institutional Price was fixed at RM2.50 per Offer Share. Accordingly, the Final IPO Price for the Retail Offering is fixed at RM2.50 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.
If you plan to buy a house, you’ll most probably need a home loan. However, getting a good home loan is actually pretty challenging. You’ll need to determine the kind of loan you need, and you’ll have to find out the interest rates so you can make comparison. Traditionally, that means visiting or calling up all the banks.
In Malaysia, there are generally two types of home loan – flexi, and non-flexi (or “conventional”). Flexi loans give you the freedom to reduce your loan interest with additional income, whilst non-flexi loans are more rigid and have the same repayment instalment throughout the loan period. Depending on what you need, you can opt for either. Personally, I believe flexi loan to be more beneficial.
In 2013, Bank Negara introduced a new regulation, which limits home loan period in Malaysia to a maximum of 35 years. If you are planning to purchase a more expensive home by stretching your loan period to 45 years or beyond, you should take note that you can’t do that now.