I think its on the previous page

Yes.. means they not willing to keep for 1 year.....

Usually for IPO, hardly got leftover for restricted stock.

Again, something they know, we don't? 

Ranhill Power was taken private in 2011 for 530 Million, now re-list for RM 1 Billion. Woo hoo big pay day for someone...

it is already a well established organisation to be fair

dont quote me on this, i was just having a chat with an old friend. i did not ask for papers..

(II) RETAIL OFFERING OF 78,278,320 ISSUE SHARES TO THE ELIGIBLE DIRECTORS AND EMPLOYEES OF RANHILL AND ITS SUBSIDIARIES (“RANHILL GROUP”), PERSONS WHO HAVE CONTRIBUTED TO THE SUCCESS OF THE RANHILL GROUP AND THE MALAYSIAN PUBLIC, AT THE RETAIL PRICE OF RM1.85 PER SHARE (“RETAIL PRICE”), PAYABLE IN FULL UPON APPLICATION AND SUBJECT TO REFUND OF THE DIFFERENCE BETWEEN THE RETAIL PRICE AND THE FINAL RETAIL PRICE (AS DEFINED HEREIN), IN THE EVENT THAT THE FINAL RETAIL PRICE IS LESS THAN THE RETAIL PRICE,

Yes...Indeed !

Opening of application 04/07/2013
Closing of application 11/07/2013
Balloting of applications 15/07/2013
Allotment of IPO shares to successful applicants  29/07/2013
Tentative listing date 31/07/2013

My only advice. Avoid the counter by any means. There is also a possibility that the listing be deferred to a later date. I don't thins SC will allow them to go ahead. SC has to protest the interest of shareholders too (especially the minors like us)

Will this "bad news" delay IPO listing or worse yet, lousy opening day

Don't think it would delay the IPO. 17th July might be the official date petronas ban ranhill, but i bet the management would have know it well before that. The wind is there, thats why the employe portion was not taken up.

RAN down the HILL on listing day. Even their staffs also refused to participate.

IPO cancel if not mistaken. someone pls confirm it.

already gone case if like this 

RAN down the HILL on listing day. Even their staffs also refused to participate.

i think the quote is uncalled for... insensitive to those who got this shares.

Ranhill Energy delays IPO
Published: 2013/07/24

Malaysian oil and gas service firm Ranhill Energy will delay its planned July 31 IPO after state oil firm Petronas suspended the licence of an affiliate company earlier this month, Ranhill said on Thursday.

Ranhill Energy said in a statement Petronas scrapped a licence belonging to affiliate Perunding Ranhill Worley (PRW) from July 17 for an indefinite period. Ranhill said it is appealing the decision.

The licence enables PRW to bid for Malaysian projects awarded by Petronas, which has pledged to spend RM300 billion in capital expenditures between 2011 and 2015.

PRW usually outsources Petronas jobs to Ranhill Energy’s 51 per cent owned unit, Ranhill Worley Parsons Sdn Bhd, which contributes a significant portion of its Malaysian revenues.

Australia’s WorleyParsons Ltd owns 49 per cent of Ranhill Worley Parsons.

The suspension came after Petronas reviewed topside construction work done by Ranhill WorleyParsons for the LNG regasification plant in central Melaka state.

In 2011, PRW and Muhibbah Engineering won a RM1.07 billion engineering, procurement, construction, installation and commission contract for an LNG regasification project in Melaka.

Ranhill had priced its share sale at the top of expectations on July 15 as investors turned optimistic about the booming oil and gas service sector in Southeast Asia.

Cornerstone investors for the IPO include Corston-Smith Asset Management Sdn Bhd and Eastspring Investment Bhd.-- Reuters

Sincerely apologize for the insensitivity. Thats only my personal view... Im sorry!

For those who successfully alloted for the shares, stop reading the blog(definitely will affect your trading emotion and mental) and wait for further announcement from the company/bursa.

For those not alloted for the share, arrange your trading strategy for this stock. I think it will be a great play without O&G sector.

Just speaking on behalf of those who got the shares... there are those people taking loan.. though i'm not one of them.

If god destined the shares to be down on opening be it.. accept it there will always be other sources.

Stockmart be it OMO or IPO will always have risks associated with it. if the risks crystallised too bad.. accept it move on.

what i said is between me & zitis. The rest please stay away... i don't know u guys... jgn masuk campur lah.