VESTLAND BERHAD

KLSE (MYR): VLB (0273)

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Last Price

0.445

Today's Change

0.00 (0.00%)

Day's Change

0.445 - 0.455

Trading Volume

1,449,600

IPO Info
Offer Period

Opening

2022-12-27

Closing

2022-12-27

Time Table

Allotment Date

2023-01-27

Listing Date

2023-01-31

Price

Issue Price

0.33

Units

944,308,700

Share Capital

102,558,616.000

No of Shares

Public Issue

170,000,000

Offer for Sale

70,800,000

Private Placement

165,839,000

Issuing House

TIIH - 731

ISIN Code

MYQ0273OO001

Prospectus:

INITIAL PUBLIC OFFERING ("IPO") OF 240,800,000 ORDINARY SHARES IN VESTLAND BERHAD ("VESTLAND" OR "COMPANY") ("SHARES") IN CONJUNCTION WITH THE LISTING OF VESTLAND ON THE ACE MARKET OF BURSA MALAYSIA SECURITIES BERHAD ("BURSA SECURITIES") COMPRISING: (A) PUBLIC ISSUE OF 170,000,000 NEW SHARES ("ISSUE SHARES") IN THE FOLLOWING MANNER: (I) 47,216,000 ISSUE SHARES MADE AVAILABLE FOR APPLICATION BY THE MALAYSIAN PUBLIC VIA BALLOTING; (II) 27,745,000 ISSUE SHARES MADE AVAILABLE FOR APPLICATION BY THE ELIGIBLE DIRECTORS, EMPLOYEES AND PERSONS WHO HAVE CONTRIBUTED TO THE SUCCESS OF VESTLAND AND ITS SUBSIDIARY; AND (III) 95,039,000 ISSUE SHARES BY WAY OF PRIVATE PLACEMENT TO BUMIPUTERA INVESTORS APPROVED BY THE MINISTRY OF INTERNATIONAL TRADE AND INDUSTRY, MALAYSIA ("MITI"), (B) OFFER FOR SALE OF 70,800,000 EXISTING SHARES ("OFFER SHARES") IN THE FOLLOWING MANNER: (I) 23,000,000 OFFER SHARES BY WAY OF PRIVATE PLACEMENT TO BUMIPUTERA INVESTORS APPROVED BY THE MITI; AND (II) 47,800,000 OFFER SHARES BY WAY OF PRIVATE PLACEMENT TO SELECTED INVESTORS, SUBJECT TO THE CLAWBACK AND REALLOCATION PROVISIONS AS SET OUT IN THIS PROSPECTUS, AT AN IPO PRICE OF RM0.33 PER SHARE, PAYABLE IN FULL UPON APPLICATION.

Vestland Berhad - IPO Prospectus (Part 1).pdf

Vestland Berhad - IPO Prospectus (Part 2).pdf

Vestland Berhad - IPO Prospectus (Part 3).pdf

Vestland Berhad - Detailed Procedures for Application and Acceptance.pdf

Discussions
Be the first to like this. Showing 50 of 149 comments

Shines

This ctr wont fly csn crawl up abit abit already good

3 days ago

hhhiii123

sleeping counter, hope it can boost the share price

2023-05-30 20:51

Shines

Must have patience. If everytime buy can up then there will be no beggers around.

1 day ago

Shines

Shares too must sleep like human

2023-06-01 08:50

Shines

Looks like too long it slept haha

2023-07-04 08:56

sychern

How is dividend policy?

2023-07-15 00:23

BursaKakis

Vestland clinches RM93m contract to build apartments in Shah Alam
https://theedgemalaysia.com/node/675121

1 day ago

zenpaw04

Looking good this week

2023-07-18 17:46

N0tElonMuSk

Wow, this week rebound. Chart formed. Wait shark enter

2023-07-20 20:31

fregend

back to sleep

2023-07-27 12:10

zenpaw04

Shark indeed are sleeping

2023-07-27 15:46

N0tElonMuSk

Stock indeed rebounded. Need volume before breakout. Buy now or you’ll miss the srockett

2023-08-01 12:04

zenpaw04

queue first, buy later

2023-08-04 15:30

Sargon15

Buy at support, hope can fly after

2023-08-08 12:01

sychern

Support at what price?

2023-08-09 19:34

Shines

Qr looks ok

2023-08-25 20:06

Sargon15

https://theedgemalaysia.com/node/685019

2 new contracts worth 116mil

2023-07-02 09:47

Shines

Moves abit only, still better than red

2023-10-07 09:06

hhhiii123

This counter got something, so many government related projected award, must fly soon

2023-10-08 20:52

Shines

Another 240mil project in hand, thats good, but will the share price moves?

2023-11-10 04:16

Hoot9e

more project will coming!!

2023-11-10 09:18

Shines

Good shoot up on Friday, but thrown back to almost sq 1, if Tues dont move up, then bye bye.

2023-07-01 13:20

Shines

Shares prices can up can down is consider acceptable, it is much better than some just this (sell price) and that (buy price) and do not moves for months

2023-11-14 13:43

hhhiii123

Left this rubbish construction counter, thousand years also cannot move..

2024-01-05 18:11

hhhiii123

Speechless in this counter..

1 day ago

TiffanixLVxHermes

go find out any improvement on their receivables and cash flow

2024-01-26 11:32

Jonathan Keung

Pump and dump. Whole CI bursa up above 1500-. This vlb exactly the name sound wasteland

2024-01-29 11:40

hhhiii123

Hope qr got better cashflow, hopeless counter

2024-01-29 12:28

Jonathan Keung

China Evergrande property group liquidation may impact our domestic market sentiment. A ripple effect is expected

2024-01-31 07:11

hhhiii123

rubbish counter got another project award, please continue to drop

5 days ago

aam1932

lagi dapat contract lagi turun, kasi annouce loss tengok, baru naik kot haa

2024-02-07 23:55

Jonathan Keung

Yes. All the so called building awards cling but the price continues to drop. Before announcement 36 { Nov 23 } now price still stuck at stay betw 31- 32 price range.

2024-02-21 10:21

TiffanixLVxHermes

something is brewing
don't miss it
TP: 0.39

2024-03-11 09:34

acnca84

😎

2024-03-12 11:16

TiffanixLVxHermes

wow.. good move
improved cash flow
continue winning tenders
meaning customer satisfied with their financial status
clearly no doubts

increase TP to 0.44
cheers😁

2024-03-18 10:12

TiffanixLVxHermes

good move again
hit 0.38
1st TP 0.39
2nd TP 0.44

2024-03-18 17:06

Shines

Shares price got moved, but, not in tendem with the good news

2024-03-22 06:57

TiffanixLVxHermes

no good news mean good news
meaning it will continue its uptrend

2024-03-22 10:53

TiffanixLVxHermes

watch this stock!

2024-04-03 10:51

TiffanixLVxHermes

many projects are rolling out
property already responded
awaiting construction counter now especially residential property contractors!

news will be released soon

2 months ago

TiffanixLVxHermes

watch this stock!
TP 0.44

1 month ago

TiffanixLVxHermes

patience is the key
😎

1 month ago

TiffanixLVxHermes

surging up
TP 0.39/0.44

1 month ago

TiffanixLVxHermes

i guest some fund is collecting slowly
😎
let's monitor

1 month ago

TiffanixLVxHermes

sold 50%
😎

1 month ago

TiffanixLVxHermes

good to see volume is building up
it will help to sustain the uptrend momentum and stay above 0.40
😎
next TP 0.44

1 month ago

TiffanixLVxHermes

sold ALL
😎

1 month ago

Lsly88

heard big buaya coming..good luck

1 month ago

kokchengkai

AMINVEST start cover fair value 0.62

2 weeks ago

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