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Maxis - Set For Listing Again, Maxis set for US$2b listing
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mH3nG
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Oct 9 2009, 12:42 AM
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QUOTE(indefinitor @ Oct 9 2009, 12:22 AM) what other banks are offering financing to buy Maxis IPO besides Public Bank? what are the requirements to get them to finance the IPO subscription? i'm newbie here on share trading but really keen to get a piece of the IPO. It would probably be best to wait until the other banks finalise their offers by the next week or so. Until then, feel free to window shop for better offers. QUOTE(indefinitor @ Oct 9 2009, 12:22 AM) Added on October 9, 2009, 12:26 amYa, that is one main consequences that we have to consider. but with Maxis IPO, do you think we can cover the bank interest and make some bucks? please advise on the loan tenure if anyone knows about it, thanks. If you're worried about any adverse movements in the share price then take the loan from the bank that gives you the highest buffer. The larger the difference between the margin of finance and the force selling ratio the better. This post has been edited by mH3nG: Oct 9 2009, 12:44 AM
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mH3nG
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Oct 14 2009, 07:44 PM
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QUOTE(epalbee3 @ Oct 12 2009, 07:18 PM) I have Hlebroking, CIMB Invest and Maybank Invest. Let me know if any bank wants to offer me margin on this Maxis IPO? You can call CIMB and ask about their financing. I believe they will be doing the pink form financing. If you need white form financing, you'll need to apply for a share margin facility.
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mH3nG
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Oct 22 2009, 10:43 PM
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CIMB will only finance the pink form ie if you're an employee of Maxis. If you need financing for the white form then I'm afraid you're outta luck.
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