Investment, Bursa & IPO
MSM IPO closing for application by 5:00pm 13 June 2011 (Reminder)
Do your MSM Malaysia Holdings IPO application by 5pm 13 June 2011 (Monday), if you have not applied for it. Just a reminder, retail price is RM3.38 a share. MSM IPO was open...
Bumi Armada IPO oversubscribed by 9.50 times
Bumi Armada Berhad IPO institutional and retail price fixed at RM3.03 per share today. As such, the final retail price will be adjusted to RM3.03 per share to match with the institutional price, reduced...
1 Utama RM160mil makeover, more cinemas and Jusco Supermarket to relocate
Petaling Jaya: Property developer See Hoy Chan Holdings (SHC) expects to reap the benefits of the RM160 million makeover of its 1Utama Shopping Centre in Bandar Utama by next year.
The upgrade, which comes some...
Tax Budget 2012: REIT dividend income at only 10% tax until 2016
Dividend income derived from your investment in REITs will continue to be taxed at 10% final withholding tax from 2012 until 2016.
For you other investments, you are "deemed" to be taxed at 25%,...
New Mega IPO : Bumi Armada Berhad – Date? Price?
Also see latest post: Apply IPO: Bumi Armada or OLDTOWN ?
Malaysian oil and gas services provider, Bumi Armada Berhad, plans an initial public offering (IPO) on the Bursa Malaysia soon, following it lodged a...
Budget 2014: Bursa Malaysia to soar higher next week?
Shares on Bursa Malaysia is expected to trend higher next week with the FTSE Bursa Malaysia KLCI (FBM KLCI) testing its all-time record high of 1,826.22 level on the back of the United States...
MSM IPO oversubscribed 34 times, final retail price remains RM3.38 per share
MSM Malaysia Holdings Berhad IPO institutional price fixed at RM3.50 per share today. The final retail price remains at RM3.38 per share, approximate 3.4% discount from its institutional price.
Under its retail offering of 28...
What Makes Most Differences Among The Investors?
The most differences between the average investors and rich investors are mental differences.
"If you want to be rich, just find out what everyone else is doing and do exactly the opposite", said Rich Dad.
As...
Petronas Chemicals IPO oversubscribed 2.98 times for public catergory, reduces price to RM5.04
In an IPO press release issued by Malaysian Issuing House (MIH) dated Nov 12, 2010, Petronas Chemicals Group Berhad (PCG) received a total of 78,613 applications for 636 million shares from the Malaysian Public...
Bumi Armada IPO 2nd draft prospectus updated
Bumi Armada updated and published its second draft IPO prospectus on the Securities Commission’s website for an exposure period of only 5 working days up to 16 June 2011. As usual, the...