There's talk of a few interesting IPOs in 2011 - I can't wait!

i got 1k plus only...so less

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Added on January 5, 2011, 11:09 amTAMBUN INDAH LAND BERHAD & BENALEC HOLDINGS BERHAD ipo ok?

We intend to list on the Main Market of Bursa Securities as a SPAC. SPACs are companies  which have no operations or income generating business at the point of IPO but undertake an IPO for the purposes of raising funds to acquire operating companies or businesses, otherwise known as qualifying acquisition(s).

Whilst we shall commence business as a SPAC listed on the Main Market of Bursa Securities, we intend to establish our Company as a junior independent oil and gas E&P player in the near to medium term. In general, upstream oil and gas activities consist of the exploration, development and production of oil and gas resources.

Initially, our sole focus will be to identify and acquire the rights to develop small oil and gas fields in the South Asia, Middle-East, East Asia and Oceania regions. We plan to achieve this by identifying and acquiring hydrocarbon assets which are discovered, proven but undeveloped.

RM0.60 not reasonable..

Looking at the USD exchange rate now then u wil knw whether wanna go in.

"It is a US$1 billion IPO, which values the company at about 20 times price-earnings for its 2011 earnings, and 16 times for 2012," a banking source told Reuters yesterday.