On 2 August 2013 our company converted into a public company and was renamed as Reach Energy Berhad. Reach Energy Berhad is the 4th and the biggest Special Purpose Acquisition Company (“SPAC”) IPO in Malaysia, raised RM750 million and listed on the Main Market of Bursa Malaysia Securities Berhad (“Bursa Securities”) since 15th August 2014. Of the RM750 million raised, 94.75% or RM710.62 million was placed in an Islamic trust or escrow account for which Amanah Raya Trustees Berhad is the custodian until it is used to pay for a qualifying acquisitio
speakup....well Revenue was quite a hit....and ICMB itrade has IPO features...just a click of the button to apply...but the brokerage fees is kinda high....
last time apply IPO, most of the time fail. but for successful one, they give soooooo little. the only good thing is it is Buta Money (if u get the IPO shares).
sometimes they open very very high, ppl chase and later find out that's the peak price which never heard of again after listing. but of course, some like Revenue, Serba were very good.
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This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
Mohd Yazid Mohd Ali
658 posts
Posted by Mohd Yazid Mohd Ali > 2018-11-08 11:46 | Report Abuse
Buy sapng next TP .15 ,Insider news ,BAD NEWS ?