IPO Malaysia

IPO - Malakoff Corporation Berhad (MALAKOF)

kltrader
Publish date: Mon, 20 Apr 2015, 12:27 PM
kltrader
0 20,739
My collection of new IPOs in Malaysia and the background of companies going for IPO.

MALAKOFF CORPORATION BERHAD

Listing Detail:
Listing Sought: Main Market
Issue Price: RM 1.80
Par Value: RM0.10

Dates:
Offer Period Open: 17-04-15
Offer Period Close: 28-04-15
Tentative listing date: 15-May-15

Number of shares:
Public Issue: 1,000,000,000
Offer for Sale: 521,740,000
Private Placement: -

Stock Code: MALAKOF

Official Announcement

INITIAL PUBLIC OFFERING (“IPO”) OF UP TO 1,521,740,000 ORDINARY SHARES OF RM0.10 EACH IN MALAKOFF CORPORATION BERHAD (“MALAKOFF”) (“IPO SHARES”) IN CONJUNCTION WITH THE LISTING OF AND QUOTATION FOR THE ENTIRE 5,000,000,000 ORDINARY SHARES OF RM0.10 EACH IN MALAKOFF (“SHARES”) ON THE MAIN MARKET OF BURSA MALAYSIA SECURITIES BERHAD COMPRISING AN OFFER FOR SALE OF UP TO 521,740,000 EXISTING SHARES AND A PUBLIC ISSUE OF 1,000,000,000 NEW SHARES (“ISSUE SHARES”) INVOLVING:

(I) INSTITUTIONAL OFFERING OF UP TO 1,279,240,000 IPO SHARES TO MALAYSIAN AND FOREIGN INSTITUTIONAL AND SELECTED INVESTORS, INCLUDING BUMIPUTERA INVESTORS APPROVED BY THE MINISTRY OF INTERNATIONAL TRADE AND INDUSTRY AT THE INSTITUTIONAL PRICE TO BE DETERMINED BY WAY OF BOOKBUILDING (“INSTITUTIONAL PRICE”); AND

(II) RETAIL OFFERING OF 242,500,000 ISSUE SHARES TO THE DIRECTORS OF MALAKOFF, THE ELIGIBLE EMPLOYEES OF MALAKOFF AND ITS SUBSIDIARIES (“MALAKOFF GROUP”), PERSONS WHO HAVE CONTRIBUTED TO THE SUCCESS OF THE MALAKOFF GROUP THE DIRECTORS AND ELIGIBLE EMPLOYEES OF MMC CORPORATION BERHAD (“MMC”), THE ENTITLED SHAREHOLDERS OF MMC
AND THE MALAYSIAN PUBLIC, AT THE RETAIL PRICE OF RM1.80 PER SHARE (“RETAIL PRICE”),
PAYABLE IN FULL UPON APPLICATION AND SUBJECT TO REFUND OF THE DIFFERENCE BETWEEN THE RETAIL PRICE AND THE FINAL RETAIL PRICE (AS DEFINED HEREIN) IN THE EVENT THAT THE FINAL RETAIL PRICE IS LESS THAN THE RETAIL PRICE,

SUBJECT TO THE CLAWBACK AND REALLOCATION PROVISIONS AND THE OVER-ALLOTMENT OPTION (AS DEFINED HEREIN). THE FINAL RETAIL PRICE WILL BE EQUAL TO THE LOWER OF:

(I) THE RETAIL PRICE OF RM1.80 PER ISSUE SHARE; OR

(II) THE INSTITUTIONAL PRICE.

Company Overview

Malakoff Corporation Berhad, an investment holding company, operates as an independent water and power producer company in Malaysia, Indonesia, the Middle East, and Australia. The company operates through Asset management, and Operations and Maintenance segments.

It generates, distributes, and sells electricity. The company is also involved in the design, engineering, procurement, construction, installation and commissioning, testing, and operation and maintenance of coal-fired electricity generating facility; and provision of engineering and project management services, as well as repair, overhaul, and other services to power plants.

In addition, it builds, owns, and operates an electricity distribution system and a centralized chilled water plant system; leases plant and equipment, and wind turbine assets; and finances wind farm project. Further, the company is involved in the land reclamation, and development and/or sale of reclaimed land activities.

Malakoff Corporation Berhad was incorporated in 1975 and is based in Kuala Lumpur, Malaysia.

 

Address & Contact:

MALAKOFF CORPORATION BERHAD (731568-V)
Level 10, Block 4, Plaza Sentral
Jalan Stesen Sentral 5
50470 Kuala Lumpur, Malaysia.
T: 603-2263 3388
F: 603-2263 3333
E: info@malakoff.com.my
W: www.malakoff.com.my

 

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Discussions
Be the first to like this. Showing 50 of 56 comments

fifijalal

it has nothing to do with 1mdb...

2015-05-07 14:49

cakarayam

wooo

2015-05-14 23:15

cakarayam

join in tmr morning hee

2015-05-14 23:17

cooling

the next icon...

2015-05-14 23:26

eric_b7b

tp rm2.50

2015-05-14 23:40

cakarayam

tmr 2.30, next day 2.50, next month 3?

2015-05-14 23:42

wassini

Malakoff (5264) Valuation:

1. TA - 2.09
2. RHB - 2.09
3. PIB - 2.18
4. Inter pacific - 2.10
5. CIMB - 2.20
6. KENANGA - 2.25
7. AffinHwang - 2.30
8. UOB - 2.40
9. BIMB - 2.00

Happy Trading guys!!

2015-05-15 01:25

excelyou

If Malakoff take over Project 3B, then target price shall be RM4.00 above

2015-05-15 02:28

LaoLiu

Got 20 lots at IPO.

2015-05-15 02:32

Christensen

Ipo 1.80 same like icon

2015-05-15 06:59

Christensen

274 million for an ipo
Must be big project

2015-05-15 07:03

Christensen

2.744 billion for an ipo :)

2015-05-15 07:07

Christensen

May be this company also make iPhones too
Or Facebook
Or make go pro

2015-05-15 07:13

Pakcik Saham

no this is energy counter not tech..Yup big IPO BILLION..worry duplicate FGV from $ 4.55 almost loss 60% to $2.09...Good for trading not for long term..dependent to TENAGA only(Worry to bailout 10 MDB)

2015-05-15 07:25

Christensen

Potential to be a blue chip of klci with the big scale of the business capacity

2015-05-15 07:26

husniha

Hi anyone knew the opening price?? Cud not found??

2015-05-15 09:15

aiman168

BELI BELI

2015-05-15 09:17

aiman168

tengahari jual!

2015-05-15 09:17

speakup

open at ipo price 1.80.

2015-05-15 09:18

jolie2

Another ICON listing in the making.

2015-05-15 09:19

speakup

Malakoff PE 20x, better buy Tenaga PE 10x only.

2015-05-15 09:20

jolie2

Malakoff-- Better Getoff.. Or not you will be Fxxxoff

2015-05-15 09:23

Sebastian Sted Power

no luck

2015-05-15 09:25

speakup

Tenaga PE 10.4x
YTLPOWR PE 10.1x

.... MALAKOFF PE 20x!!!!! Their power plants made of gold????

2015-05-15 09:27

speakup

even MALAKOFF dividend policy 70% is LESS THAN FD!

2015-05-15 09:29

Lucas Chan

going down soon!

2015-05-15 09:29

jolie2

msia economy is very bad. you all think we still need so many power supply-kah ?? Very less manufacturing investment in msia. Everybody go to vietnam already-lah.
Somemore selangor also got water issue.. who want to build factory in selangor.

2015-05-15 09:32

TheGummyBear

This year biggest MEGA IPO !

2015-05-15 09:34

bjgdila123

going down after 2nd session

2015-05-15 09:34

aiman168

still early

2015-05-15 09:34

speakup

MALAKOFF at 1.80 is already 2X more expensive than TENAGA or YTLPOWER.
Dividend less than FD.

So u better off buying TENAGA/YTLPOWER or put your money in FD than buy MALAKOFF.

2015-05-15 09:37

Lucas Chan

better dont buy, very danger!!

2015-05-15 09:38

nice1

pricey ipo, silly subscribers

keep dreaming all the times

2015-05-15 09:39

jolie2

buy tune insurance better with this 1.8xxx price. You are insured from danger if you buy tune ins.

2015-05-15 09:40

jolie2

shark also don't dare to goreng this stock. Afterward kena screwOFF by this malakOFF. More seller than buyer.

2015-05-15 09:49

speakup

those who fail get MALAKOFF ipo, now is your chance buy at IPO price.
BUT I dont suggest you do.

2015-05-15 10:04

duitKWSPkita

gentlemen....think twiceeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeee

bested luckkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkk


never say U don't have luck....jz wan U add more luck

2015-05-15 10:07

e1shi

greenshoe activated?

2015-05-15 10:22

e1shi

greenshoe activated?

2015-05-15 10:23

jolie2

same style like icon .Activate greenshoe or whatever shoe , also become alamak-off.

2015-05-15 10:26

fortunebullz

No worries! Just hold on for couple of weeks!

2015-05-15 10:31

speakup

MMC must be laughing all the way to the bank, selling off big chuck of Malakoff at twice the valuations of Tenaga & Ytlpower.

2015-05-15 10:44

nice1

Malakoff PE 21 times vs tnb 12

thanks all fund managers and retailers for support

2015-05-15 10:56

speakup

BOCOR!!!!
1.79

2015-05-15 11:00

e1shi

no worries, it just like astro ipo.. later will rebound

2015-05-15 12:01

Mikurik

ya agree with e1shi, those big fellow push downward caused more market panic and retailers to sell low, good to accumulate at low price

2015-05-19 11:17

trader1121

the question is how low is low

2015-05-19 11:50

Mikurik

Well we wouldn't know how low is low, as i believe only the big shark behind only will know coz is them who push the price downward, what we can do is purchase partial first, if continue drop, continue purchase to average down, as long as the company does well, sooner or later the price also will rise back

2015-05-19 12:07

ahmoi782

Guess this is the reason for the drop.
Maybank bought at lower price caused the price got lower.
http://www.thestar.com.my/Business/Business-News/2015/05/19/Maybank-IB-props-up-Malakoff-shares-on-third-day/?style=biz

2015-05-20 12:17

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