Perwaja Holding Main Board Listing
  1. Perwaja en route for listing in Bursa Malaysia
  2. Expected listing date: 20 August 2008 with 150 million shares
  3. Major shareholders post IPO are Kinsteel (37.3%), Equal Concept SB (31.4%) and Maju Holdings (4.5%)
  4. The Initial Public Offering (IPO) price is RM2.90/share
  5. Listing proceeds will be utilized for repayment of borrowings and working capital
  6. 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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Comments
5 comments have been left so far »
  1. tina
    July 23, 2008

    haha..hopefully the share price will go up:)

    [Reply]

    terry reply on July 26, 2008 8:03 am:

    yes, let’s hope i will go above RM5.00

    [Reply]

    Leave a reply
  2. bangin
    July 24, 2008

    i am quite suprised by the valuation by osk. but i am happy though.. i am betting on this card right now!

    [Reply]

    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

    [Reply]

    Leave a reply
  3. 101stuffs
    July 24, 2008

    Wow. Like that ah? Terry…

    [Reply]

    Leave a reply
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