China Stationery Limited Initial Public Offering (IPO) did not received a good response response of their public portion of 60 million shares. The subscription rate was only 50 percent.
The IPO attracted 2,836 applications or 29.88 million shares. The remaining unsubscribed 30.1 million shares relocated to the private placement.
In addition, 163 million shares made available for private placement to identified investors have been placed out.
Sentoria Group Berhad Initial Public Offering (IPO) received an overwhelming response with its public portion of 20 million shares. It was oversubscribed by 5.36 times. The IPO attracted 6,829 applications or 127.2 million shares.
In addition, 30 million shares made available for private placement to identified investors have been placed out.
Below is the allotment summary.
The 1-million-dollar-blog third year anniversary in conjunction with the author of 259 Trillion vs 5 Trillion Books series will hold a giveaway from 13th February to 15th March 2012.
The participants
To enter is very easy. Just do the following:
OSK foresees that the market could be upgraded to NEUTRAL if markets continue to rally in the first half of February. An upgrade would put the spotlight back on Construction and Oil & Gas stocks with some spillover to Financials.
For now, OSK remains upbeat on Consumer stocks with expectations of strong results in an otherwise lacklustre results season. Top Buys for February are KPJ, MBSB, QL, Media Chinese and Padini.
The table below is the target price for OSK’s February 2012 top picks.
Recently, Lembaga Tabung Haji or Pilgrim Fund Board of Malaysia announced a 6.0 percent dividend for financial year end 31st December 2011. The total dividend payout was RM1.67 billion, an increase of 25 per cent against RM1.33 billion in 2010.
The dividend was 0.5 per cent higher than the 2010 rate, which was 5.5 per cent and will benefited 6.9 million depositors nationwide. The dividend will be deposited the their account on Wednesday 8th February 2012.
Kindly refer to “Historical Tabung Haji Dividend Rate” page for previous year dividend.