SAVE or Sustainability Achieved via Energy Efficiency, is a programme aimed to improve energy efficiency in Malaysia through five initiatives.
The first initiative is to stimulate sales of energy-efficient appliances by providing rebates for refrigerators, air-conditioners and chillers to qualified consumers.
Under the initiative, qualified consumers who purchase electrical appliances that have five-star will be given a rebate up RM200.
OSK remain OVERWEIGHT on the O&G sector given the numerous opportunities to be mined by O&G service providers, spurred on by Pengerang’s development.
Two recent developments are;
Below are the target prices and ratings for selected Oil & Gas stock.
Eversendai Corporation Berhad Initial Public Offering (IPO) received an overwhelming response with its public portion of 30.2 million shares. It was oversubscribed by 7.26 times. The IPO attract 11,994 applications or 165.2 million shares.
The institutional IPO prices was fixed at RM1.70 per share. Accordingly, the final retail price was fixed at RM1.62 per shares, represent 5 percent discount to the institutional price. For retail application, the difference of RM0.08 will be despatched to successful retail applicants within 10 market days from the final ballot.
20 million shares were allocated for Malaysian Public category. Below are the allotment summary.
OldTown Bhd, the “kopitiam” chain operator and instant beverage mix manufacturer, is schedule to be listed in Main Market on 13th July 2011.
The Initial Public Offering (IPO) consists of 96.4 million ordinary shares at an IPO price of RM1.25 per share at RM1.00 par value.
Out of 96.4 million shares, 48.4 million shares will be allocated for private placement, 10 million for the Malaysian public, and five million for eligible directors, employees and business associates of the group.
Do you know which bank is the largest in ASEAN region in terms of assets size or market capitalization? With the recent news that Maybank or CIMB Bank going to merge with RHB Bank, how does the ranking changes?
The table below shows Top 10 ASEAN Banks ranking based on their assets size & market capitalization before and after the merging between Maybank or CIMB Bank with RHB Bank.