Posted by azam87 > 2012-08-13 08:47 | Report Abuse

PUBLIC ISSUE OF BETWEEN 200,000,000 AND UP TO 667,000,000 NEW ORDINARY SHARES OF RMO.01 EACH IN OUR COMPANY ("PUBLIC ISSUE SHARES"), TOGETHER WITH BETWEEN 200,000,000 AND UP TO 667,000,000 FREE DETACHABLE WARRANTS ("WARRANTS-A") ON THE BASIS OF 1 WARRANT·A FOR EVERY 1 PUBLIC ISSUE SHARE SUBSCRIBED, AT AN ISSUE PRICE OF RMO.75 PER PUBLIC ISSUE SHARE PAYABLE IN FULL UPON APPLICATION COMPRISING: - BETWEEN 190,000,000 AND UP TO 657,000,000 PUBLIC ISSUE SHARES TOGETHER WITH BETWEEN 190,000,000 AND UP TO 657,000,000 WARRANTS·A ON THE BASIS OF 1 WARRANT·A FOR EVERY 1 PUBLIC ISSUE SHARE SUBSCRIBED BY WAY OF PLACEMENT TO SELECTED INVESTORS; - 10,000,000 PUBLIC ISSUE SHARES TOGETHER WITH 10,000,000 WARRANTS·A ON THE BASIS OF 1 WARRANT·A FOR EVERY 1 PUBLIC ISSUE SHARE SUBSCRIBED AVAILABLE FOR APPLICATION BY THE MALAYSIAN PUBLIC; IN CONJUNCTION WITH OUR LISTING ON THE MAIN MARKET OF BURSA MALAYSIA SECURITIES BERHAD SPAC listed on the Main Market of Bursa Securities as a company with no operational track record. The company intend to acquire assets that allow the company for the development and production of oil and gas from a field. IPO Price: RM0.75 What do you think about this company? Is it going to be another Hibiscus? Worth giving a shot?

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11 comment(s). Last comment by necro 2013-03-11 10:17

azam87

224 posts

Posted by azam87 > 2012-08-13 14:04 | Report Abuse

anyone?

Risk Trader

3,942 posts

Posted by Risk Trader > 2013-01-06 21:31 | Report Abuse

Can invest but for long term.....must have holding power on yr capital.

necro

4,726 posts

Posted by necro > 2013-01-06 21:47 | Report Abuse

Dia nya matlamat amik slihoilfieldwith mid or low risk probably kstarea asia n south america exple brazil kot...korang tgk oilgas stok cner tahun 2012 n2013 overweight kan mst gorengnya...

Risk Trader

3,942 posts

Posted by Risk Trader > 2013-01-06 22:12 | Report Abuse

Buy form private placement, capital gerenti 90% from yr investment capital....I think ROI can get likes Hibiscus....

necro

4,726 posts

Posted by necro > 2013-01-06 23:11 | Report Abuse

Bila ipo kuar?....

mudinvest

19 posts

Posted by mudinvest > 2013-03-10 12:48 | Report Abuse

tentative date is 10th April 2013!! cant wait to apply for IPO for this counter!!

prc4wifefe

3,564 posts

Posted by prc4wifefe > 2013-03-10 20:10 | Report Abuse

Should be good...on problem is the negative sentiment due to GE13

arv18

2,661 posts

Posted by arv18 > 2013-03-11 00:37 | Report Abuse

Come on guys. When was the last "good" IPO. Or has everyone conveniently forgotten XOX, Smartag, Ideal Jacobs, Mclean Tech, Eversendai, SIG Gases etc.

Were even FGV, IHH and Astro really that "good"?

arv18

2,661 posts

Posted by arv18 > 2013-03-11 00:45 | Report Abuse

The "say no to drugs" applies to M-IPOs - "say NO".

Buy 24 months later @ a 50% discount.

arv18

2,661 posts

Posted by arv18 > 2013-03-11 00:48 | Report Abuse

I'm kidding of course (Not really in some cases). And I'm sure some of you aren't laughing.

necro

4,726 posts

Posted by necro > 2013-03-11 10:17 | Report Abuse

Remember Hibiscus case...
The price will down while then if cliq aqquired ONG company the price should boom boom....
Well like Hibiscus,Qliq is also a SHELL company...
Ipo purpose is to raise money to aqquired company...

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