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Maxis - Set For Listing Again, Maxis set for US$2b listing
felixmask
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Jun 19 2017, 09:46 PM
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QUOTE(nexona88 @ Jun 19 2017, 08:37 PM) Maxis Bhd, the second largest cellular service operator by subscriber base in Malaysia, intends to place out 300 million new shares which is equivalent to 4% of its existing 7.51 billion share capital, to raise up to RM1.73 billion. According to a term sheet sighted by theedgemarkets.com, these new shares will be priced between RM5.52 and RM5.74 per share, equivalent to 2.2% to 6.1% discount to Maxis' closing price of RM5.88 last Friday (June 16). http://www.theedgemarkets.com/article/maxi...share-placementIssue more share.while profit can't accelerate as such percentage is diluting dividend... Good also to reduce thier debt.. This post has been edited by felixmask: Jun 19 2017, 09:47 PM
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nexona88
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Jun 19 2017, 09:55 PM
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QUOTE(felixmask @ Jun 19 2017, 09:46 PM) Issue more share.while profit can't accelerate as such percentage is diluting dividend... Good also to reduce thier debt.. Well Maxis is not good as it use to... But at least they doing something... Anyhow I'm wondering who would take up the share placement??
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felixmask
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Jun 19 2017, 10:00 PM
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QUOTE(nexona88 @ Jun 19 2017, 09:55 PM) Well Maxis is not good as it use to... But at least they doing something... Anyhow I'm wondering who would take up the share placement?? Sure not me....
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djhenry91
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Jun 19 2017, 10:06 PM
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QUOTE(felixmask @ Jun 19 2017, 10:00 PM) placement fees not cheap and cannot sell certain date and alot leceh work..only deep pocket people wont mind the hassle
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nexona88
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Jun 19 2017, 10:46 PM
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QUOTE(felixmask @ Jun 19 2017, 10:00 PM) Hahaha sure won't be individuals wan.. Most likely some local funds
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theevilman1909
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Jun 20 2017, 04:48 PM
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Maxis' Share Private placement have been oversubscribed & set at RM5.52 each.
Strong demand from both local and foreign institutional investors
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nexona88
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Apr 9 2019, 01:53 PM
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Maxis seen to seek new clients, retain them with best-of-class connectivity https://www.theedgemarkets.com/article/maxi...ss-connectivity
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Fortezan
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Apr 9 2019, 04:10 PM
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QUOTE(nexona88 @ Apr 9 2019, 01:53 PM) Maxis seen to seek new clients, retain them with best-of-class connectivity https://www.theedgemarkets.com/article/maxi...ss-connectivityWhat Maxis did right is that it managed to attract and retain high value subscribers, especially businessman and HNWI, who won't bother switching telco just to save a few bucks. So even though many complained about their high charges, it hardly impact their revenue, as their ARPU is high
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nexona88
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Apr 9 2019, 04:15 PM
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QUOTE(Fortezan @ Apr 9 2019, 04:10 PM) What Maxis did right is that it managed to attract and retain high value subscribers, especially businessman and HNWI, who won't bother switching telco just to save a few bucks. So even though many complained about their high charges, it hardly impact their revenue, as their ARPU is high u get what u pay for that's why some who went out, now crawling back slowly
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enkil
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Apr 17 2019, 04:52 PM
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Shud be index link stock
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