- Perwaja en route for listing in Bursa Malaysia
- Expected listing date: 20 August 2008 with 150 million shares
- Major shareholders post IPO are Kinsteel (37.3%), Equal Concept SB (31.4%) and Maju Holdings (4.5%)
- The Initial Public Offering (IPO) price is RM2.90/share
- Listing proceeds will be utilized for repayment of borrowings and working capital
- The Fair Value is RM4.90/share and RM5.00/share evaluated by OSK Research and HwangDBS-Vickers Research
Any view on this?
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July 23rd, 2008 at 5:37 pm
haha..hopefully the share price will go up:)
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terry reply on July 26, 2008 8:03 am:
yes, let’s hope i will go above RM5.00
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July 24th, 2008 at 6:23 pm
i am quite suprised by the valuation by osk. but i am happy though.. i am betting on this card right now!
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Terry reply on July 25, 2008 4:05 pm:
am betting on this card as well. But i guess the malaysian economy is not looking good right now. With this, what’s your view
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July 24th, 2008 at 7:41 pm
Wow. Like that ah? Terry…
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