Their website.

http://www.uoa.com.my/main.php

issue this IPO for debt related?

THE INITIAL PUBLIC OFFERING (“IPO” OR “OFFERING”) OF UP TO 407.00 MILLION ORDINARY SHARES OF RM 0.05 EACH IN UOA DEVELOPMENT BHD (“UOA DEVELOPMENT”) (“SHARES”), IN CONJUNCTION WITH THE LISTING OF AND QUOTATION FOR 1,195.86 MILLION SHARES ON THE MAIN MARKET OF BURSA MALAYSIA SECURITIES BERHAD, COMPRISING:

(I) OFFER FOR SALE OF UP TO 120.00 MILLION EXISTING SHARES (“OFFER SHARES”) COMPRISING:

• INSTITUTIONAL OFFERING OF UP TO 50.00 MILLION OFFER SHARES TO MALAYSIAN AND FOREIGN INSTITUTIONAL AND SELECTED INVESTORS AT THE INSTITUTIONAL PRICE TO BE DETERMINED BY WAY OF BOOKBUILDING (“INSTITUTIONAL PRICE”) PAYABLE IN FULL UPON ALLOCATION; AND

• RETAIL OFFERING OF 70.00 MILLION OFFER SHARES TO THE MALAYSIAN PUBLIC, ELIGIBLE DIRECTORS OF UOA DEVELOPMENT, ELIGIBLE EMPLOYEES OF UOA DEVELOPMENT AND ITS SUBSIDIARIES AND PERSONS WHO HAVE CONTRIBUTED TO THE SUCCESS OF UOA DEVELOPMENT AND ITS SUBSIDIARIES AT THE RETAIL PRICE OF RM2.90 PER SHARE (“RETAIL PRICE”), PAYABLE IN FULL UPON APPLICATION AND SUBJECT TO REFUND OF THE DIFFERENCE, IN THE EVENT THAT THE FINAL RETAIL PRICE IS LESS THAN THE RETAIL PRICE; AND

(II) PUBLIC ISSUE OF 287.00 MILLION NEW SHARES TO MALAYSIAN AND FOREIGN INSTITUTIONAL AND SELECTED INVESTORS INCLUDING BUMIPUTERA INVESTORS APPROVED BY THE MINISTRY OF INTERNATIONAL TRADE AND INDUSTRY AT THE INSTITUTIONAL PRICE PAYABLE IN FULL UPON ALLOCATION,

SUBJECT TO THE CLAWBACK AND REALLOCATION PROVISIONS AND OVER-ALLOTMENT OPTION (AS DEFINED HEREIN). THE FINAL RETAIL PRICE WILL BE EQUAL TO THE LOWER OF (I) THE RETAIL PRICE; AND (II) 97.00% OF THE INSTITUTIONAL PRICE, SUBJECT TO ROUNDING TO THE NEAREST SEN.

Prospectus ; http://www.klse.com.my/website/bm/listed_c...ectus/index.jsp

This post has been edited by andrewckj: May 18 2011, 02:15 PM

property developer like?? sunway?

My advice to newbies is: if you do not recognise a company's name and have no idea what business it is in .... then you have no business applying for its IPO shares. Applying for IPO does not mean you'll make money. Some IPOs go below its offer price on listing day itself.

Issue Price (RM) 2.90
Par Value (RM) 0.05

you are right.

ya..better do some research before u trying to get their IPO

http://forum.lowyat.net/topic/1801201

Thread already exist.. mr. kb2005...

That thread is under rumour section ?

like MCLEAN?

Developing at Kerinchi okay or not??? I have no idea on it...

The stupid UOA named it as what Bangsar South la... It is actually Kerinchi...

Any people with great comment and info?

This post has been edited by 2010May: May 18 2011, 08:48 PM

I'm in for a quick ride.

Putting in maximum 5,000 shares. (if can get lar)

Don't think too much on how it will do then after. Its a HIT and RUN.

I also don't understand why IPO price is RM2.90 but par value is only RM0.05!

Then what do you want?

at 100cents par value, it will cost you 29MYR each share... or 14.50MYR at 50 cents par value..Apa macam, got balls to buy meh?

Someone who can change the topic thread please do so, It is not rumour, it is the fact d~!

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Added on May 19, 2011, 12:11 am100 cents par value = RM 59 each , at 50 cents it is already at price at RM 29 each

This post has been edited by andrewckj: May 19 2011, 12:11 AM

i'll leave my comment until the prospectus release to public

only blue chip stock manage to hit that price!

ya lor.. shiet, salah calculate... demn stupiak me.
RM1 = 58MYR, 0.50 = 29, 0.10 = 5.80, 0.05 = 2.90.... yay

change d title...

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Added on May 19, 2011, 12:24 ambos, you still dreaming ka??

http://announcements.bursamalaysia.com/EDM...us%20(71KB).pdf

Go look at bursa website. Even its in most e-banking for e-IPO application



This post has been edited by zamans98: May 19 2011, 12:24 AM

Bro, out already. Go check out their prospectus at http://www.klse.com.my/website/bm/listed_c...pos/prospectus/

Don't miss the boat if you are interested. Wall of text, I'm reading their prospectus..lols..

why this share is not lisitng on maybank2u for applying ???