wrong timing lor... people busy reserving money to buy maxis ipo.... that's why i guess the main reason for the low subscription in TA Global.

3 MORE DAYS BEFORE THE ALLOTMENT DAY....

buy...buy...buy... CAREPLUS IPO...
first day sure fly 1....

next IPO? any idea???

What's your opinion on Sozo Global IPO?
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CHINA'S Sozo Global Ltd, an export driven one-stop gourmet convenient food specialist, is headed for an initial public offering (IPO) on the main market of Bursa Malaysia.

It has signed a deal with AmInvestment Bank Bhd and JF Apex Securities Bhd to underwrite the entire IPO portion for the Malaysian public.

Sozo's IPO involves 55.38 million new shares, of which 24.49 million shares are for the Malaysian public while 30.89 million shares would be placed out to selected investors.

There is also an offer for sale of 19.12 million shares that will be privately placed out to selected investors.

"The aspiration of Sozo's listing on Malaysia's stock exchange goes beyond raising capital. Agro Treasures is our strategic investor with an approximate 10.43 per cent stake in Sozo post-listing. Malaysia has also been earmarked as the location of our halal food processing facility to target the huge global halal food market," Sozo chief executive officer and co-founder Shen Hengbao said in a statement yesterday.

Agro Treasures is an outsourced fund initiated by Khazanah Nasional Bhd and managed by Vida Incorporated Sdn Bhd for investment in agricultural and food sector.

Sozo, co-founded by Shen and executive director Meng Xiangzhen in 2005, is a one-stop gourmet convenient food specialist with product development, manufacturing and marketing capabilities.

The group has four product ranges, namely Ready-To-Serve (RTS) food, frozen vegetables, canned food such as fruits and seafood, and others such as vacuum fried food and asparagus tea.

Sozo's over 1,000 product varieties made at its facilities in Ju County, Rizhao City, Shandong province are certified and registered for export to Korea, the US and predominantly Japan.

The IPO will lay the foundation for its next growth phase, in particular the RTS food division.

The group's net profit in 2008 surged more than six times to RMB94.9 million (RM44.60 million) from 2006 on a proforma basis while revenue also more than tripled to RMB415.1 million (RM195.1 million) in the same period.

Sozo's results in the first half of 2009 continued to show growth, with revenue and net profit of RMB284.6 million (RM133.76 million) and RMB72.3 million (RM33.98 million) respectively.

Read more: China's Sozo prepares for Bursa listing http://www.btimes.com.my/Current_News/BTIM.../#ixzz16mf2w9QU

if that's the case, i think i'll pass...

aiyooo.... 21.46 times oversubcription rate!

really hope to get it....

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I've just noticed.....if apply 600 lots u'll only get 60 lots.

not worth it lor.... better don't subscribe in the first place.....

This post has been edited by arcadicus: Jan 3 2011, 08:30 PM

I've set my target for any IPO to subscribed above 50K units, if only got puny number of units, u also get puny $$$$... just look at asia media, even if u applied 200K units, u'll only get 10K!

better I used that money and buy or topped-up other shares, my bornoil for instance......

Asia Media IPO results out already... u guys can check through Maybank2u..

I've got 10K units...

Tambun would be a good buy, but for Benalec I would give a pass...

it's a chinaman shoe company.... i think it's just like msports...

this question will help answering ur question...

do u think msports is a good company?

This post has been edited by arcadicus: Jan 6 2011, 11:54 AM

so many IPO all at once....... OLDTOWN, INARI, PRESTARIANG, BUMI ARMADA........

not enough bullet liao.......

have to choose....... but which 1??????? any idea guys????????

not enough time to roll money... the time-frame is so close...

i have enough bullet for 2 IPO... i think gonna go with BUMI ARMADA & INARI...

thanks 4 ur advice

I think he meant,.. if u didn't get the share... usually maybank2u will refund the money within 1 day time....

not like CIMBCLICKS which took the full 3 DAYS to refund the money... i 'kena' already when buying MSM that day... Monday 12 noon (20 JUNE) only i got back my money.

FYI, Maybank2u got their refund/money on Friday (17 JUNE)

PeterLabs IPO is not listed in Cimbclicks & maybank2u... how to apply ?????

This post has been edited by arcadicus: Jun 30 2011, 08:05 PM

has anyone apply peterlabs ipo? where or how to apply huh????