Hibiscus Petroleum Berhad Initial Public Offering (IPO) received an good response with its public portion of 10 million shares. It was oversubscribed by 3.80 times. The IPO attract 4,757 applications or 48.2 million shares.
However, only 265.4 million out of 400 million were being place out by way of placement to selected investors. In other word, it was under subscribed.
Under the clawback provision set out in prospectus, 38.2 million from private placement portion transferred to retail portion. As such, 48.2 million shares were made available for retail portion and all retails applicants will received the exact number of shares that they apply.
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PeterLabs Holdings Berhad Initial Public Offering (IPO) received an good response with its public portion of 15 million shares. It was oversubscribed by 4.96 times. The IPO attract 3,573 applications or 89.4 million shares.
The new 35.9 million shares allocated for private placement were successfully being placed out.
For the retail portion, 7.5 million shares were allocated for each Bumiputera and Malaysian Public category.
Below are the allotment summary.
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For year 2010, Employees Provident Fund declared 5.80 percent dividend. For the same period, more than 6 million individuals were active EPF members with total combined savings of RM298.8 billion excluding 2010 dividend. Total savings including inactive members was at RM440.5 billion.
For those who interested to know the savings profile for active EPF members as of 2010, kindly take a look at the following table. It shows the savings range, number on members and total savings for each range.
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ECMLibra Investment Research continue to be Overweight on the sector as news flow continue to be strong. But ECMLibra see that bigger caps like MMHE and even SapuraCrest hitting peak cycle valuations.
As such, ECMLibra pay more attention to small cap laggards like Wah Seong, Alam Maritim and even Perdana Petroleum. The only big cap ECMLibra favour now is Petronas Gas due to the upside potential from the new re-gasification terminal.
Selected Oil & Gas Stocks Fair Value, Target Price & Dividend Yield
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Catcha Media Berhad Initial Public Offering (IPO) received an overwhelming response with its public portion of 3 million shares. It was oversubscribed by 10.67 times. The IPO attract 3,197 applications or 35 million shares.
The new 31 million shares allocated for private placement were successfully being placed out.
Below are the allotment summary for retail public portion.
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