if still listing with current ipo price, sure going down. zzz
IPO: Ranhill Power & Ranhill Utilities, Maybe both under single IPO, maybe split
IPO: Ranhill Power & Ranhill Utilities, Maybe both under single IPO, maybe split
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Jul 24 2013, 05:19 PM
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Senior Member
3,810 posts Joined: Jan 2006 |
if still listing with current ipo price, sure going down. zzz
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Jul 24 2013, 05:20 PM
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Senior Member
7,142 posts Joined: Oct 2008 From: Sin City |
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Jul 24 2013, 05:22 PM
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Senior Member
7,142 posts Joined: Oct 2008 From: Sin City |
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Jul 24 2013, 05:30 PM
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Senior Member
4,342 posts Joined: Apr 2010 From: The place that i call home :p |
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Jul 24 2013, 05:32 PM
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786 posts Joined: May 2011 |
QUOTE(john123x @ Jul 24 2013, 07:58 AM) i wonder if any hanky panky in the background? license suspended at 17 july, now today 24 july only tell..... IMHO, the reporting accountant to me should have captured and disclose all details. And this revelation shows how sloppy and incomplete they have performed their duties.Even if it is a go i expect the current IPO holders will be given a right to choose whether to proceed investing or not. SIMPLY BECAUSE A PIECE OF INFORMATION HAS NOT BEEN PROPERLY INFORMED. Surely there must be winds blowing rite. From my experience....this case is akin to FOCUS POINT where somebody blew off the top regarding them not having properly licenced optometrist. the news nonetheless proven to be a show stopper... didn't open at discount but didn't even fly either. I have vested interest here.... |
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Jul 24 2013, 05:34 PM
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133 posts Joined: Apr 2011 |
Done with the complain with SC and MSWG. People should do the same, it's your rights. Simple email will do, not worth it?
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Jul 24 2013, 05:38 PM
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7,106 posts Joined: Jan 2003 |
QUOTE(davinz18 @ Jul 24 2013, 05:20 PM) Think about it. Before Petronas drops a vendor, they would have to do a investigation if the problems are real or bad enough, they will have to have discussion with Ranhill's management. All options would have to be explored and a conclusion would have been reach much earlier before the announcement date, which is usually due to tying up some lose ends before going public.Ranhill and the team fully knew about this, and they chose to kept their silence on it. I haven't read their prospectus, but hopefully they haven't listed this deal with PEtronas down as one of the key reason investors should buy as I think that would be a lie. |
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Jul 24 2013, 05:39 PM
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786 posts Joined: May 2011 |
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Jul 24 2013, 05:40 PM
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Senior Member
7,142 posts Joined: Oct 2008 From: Sin City |
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Jul 24 2013, 05:41 PM
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786 posts Joined: May 2011 |
QUOTE(fuzzy @ Jul 24 2013, 05:38 PM) Think about it. Before Petronas drops a vendor, they would have to do a investigation if the problems are real or bad enough, they will have to have discussion with Ranhill's management. All options would have to be explored and a conclusion would have been reach much earlier before the announcement date, which is usually due to tying up some lose ends before going public. no bro... i have read the prospectus.. but nothing such was mentioned... check out the section under risk.Ranhill and the team fully knew about this, and they chose to kept their silence on it. I haven't read their prospectus, but hopefully they haven't listed this deal with PEtronas down as one of the key reason investors should buy as I think that would be a lie. |
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Jul 24 2013, 05:43 PM
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Senior Member
7,106 posts Joined: Jan 2003 |
QUOTE(nasT @ Jul 24 2013, 05:41 PM) no bro... i have read the prospectus.. but nothing such was mentioned... check out the section under risk. Then at least they can claim they never intentionally misled the investors, can claim at the time of the launching, they were still in discussion with Petronas |
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Jul 24 2013, 05:48 PM
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1,681 posts Joined: Dec 2010 From: Selhurst Park, N9 |
QUOTE The company is taking steps to appeal to Petronas. Although in theory such licenses can be reinstated, it rarely happens. #theedge There is a slim hope,its not done and dusted yet...dont be shock if they can postponed it somehow seeing Tabung Haji there |
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Jul 24 2013, 05:56 PM
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786 posts Joined: May 2011 |
QUOTE(fuzzy @ Jul 24 2013, 05:43 PM) Then at least they can claim they never intentionally misled the investors, can claim at the time of the launching, they were still in discussion with Petronas ya.. but there must prior indication and deliberation. If true then this is witholding information. Now they have to rebut in by press announcement that the suspension is not 'material' in effect and nature.Either way they have to 'surface'. |
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Jul 24 2013, 05:57 PM
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786 posts Joined: May 2011 |
i believe currently pulling and pushing strings in effect...
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Jul 24 2013, 06:00 PM
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133 posts Joined: Apr 2011 |
Aduan@seccom.com.my
Watchdog@mswg.org.my |
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Jul 24 2013, 06:05 PM
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85 posts Joined: May 2013 |
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Jul 24 2013, 06:19 PM
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786 posts Joined: May 2011 |
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Jul 24 2013, 06:19 PM
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Senior Member
3,810 posts Joined: Jan 2006 |
DEFERMENT OF LISTING
ranhill ipo postpone to a later date unknown. |
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Jul 24 2013, 06:20 PM
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85 posts Joined: May 2013 |
QUOTE(fiqir @ Jul 24 2013, 06:19 PM) Yupsee the Bursa Statement through this link http://www.bursamalaysia.com/market/listed...cements/1359305 |
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Jul 24 2013, 06:24 PM
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7,142 posts Joined: Oct 2008 From: Sin City |
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