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 ELK DESA RESOURCES, New IPO

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hyzam1212
post Oct 9 2012, 11:16 AM

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So everyone now targeting b4 GE eh...good for us then
Zamos
post Oct 9 2012, 07:27 PM

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QUOTE(tekoo @ Oct 9 2012, 11:00 AM)
It's not yet open to public?
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Obviously not yet blink.gif

TSmbj78
post Oct 9 2012, 10:05 PM

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last day to apply through MITI ...
phoenix87
post Oct 9 2012, 10:59 PM

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whn everyone is nt interested i will sapu lor biggrin.gif
zitis
post Oct 9 2012, 11:06 PM

bling! bling!
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QUOTE(phoenix87 @ Oct 9 2012, 10:59 PM)
whn everyone is nt interested i will sapu lor biggrin.gif
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Good luck!
sarbuftaim
post Oct 10 2012, 12:47 PM

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QUOTE(phoenix87 @ Oct 9 2012, 10:59 PM)
whn everyone is nt interested i will sapu lor biggrin.gif
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Will join you......who knows...jadi macam pasu bunga ...frust pula nanti. nod.gif
zamans98
post Oct 10 2012, 01:53 PM

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QUOTE(mbj78 @ Oct 9 2012, 10:05 PM)
last day to apply through MITI ...
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Actually Monday is the "last" day as they need to receive your application before 5pm on Tuesday.
I missed it, so PUBLIC ipo is next.
Zamos
post Oct 10 2012, 07:02 PM

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QUOTE(zamans98 @ Oct 6 2012, 05:17 PM)
no skip, will apply maximum.
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I thought you went all out thru Miti? hmm.gif

zamans98
post Oct 11 2012, 09:59 AM

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QUOTE(Zamos @ Oct 10 2012, 07:02 PM)
I thought you went all out thru Miti?  hmm.gif
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Already applied online, prepared the statements, and TIME+RAIN is the enemy. I don't drive, just ride a motorcycle.
Tak sempat liao. So apply Public portion lor.
nasT
post Oct 11 2012, 12:51 PM

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QUOTE(zamans98 @ Oct 11 2012, 09:59 AM)
Already applied online, prepared the statements, and TIME+RAIN is the enemy. I don't drive, just ride a motorcycle.
Tak sempat liao. So apply Public portion lor.
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you'll never walk alone.. biggrin.gif
Manso55
post Oct 12 2012, 02:43 PM

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QUOTE(zamans98 @ Oct 11 2012, 09:59 AM)
Already applied online, prepared the statements, and TIME+RAIN is the enemy. I don't drive, just ride a motorcycle.
Tak sempat liao. So apply Public portion lor.
*
U shud Doa like this"Rain Rain Go Away!!!! come again another day"...Miti Closing today!!!! Zaman!
HUNGRY BIRD
post Nov 9 2012, 06:52 PM

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MITI result already out.. for those who apply this IPO, check it out.. gud luck!
fiqir
post Nov 21 2012, 09:08 AM

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any update for this ipo ?
mrcalium
post Nov 21 2012, 09:17 AM

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open for public..

http://announcements.bursamalaysia.com/EDM...58?OpenDocument
hyzam1212
post Nov 21 2012, 09:58 AM

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Hmm RM1.16, its the price ok for 2nd hand credit dealers?
hyzam1212
post Nov 21 2012, 04:12 PM

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KUALA LUMPUR: Unico-Desa Plantations Bhd's wholly-owned
unit, ELK-Desa Resources Bhd, en route to a listing on the Main Market of Bursa Malaysia on Dec 18, will issue 25 million shares at RM1.16 each under its initial public offering (IPO) exercise.

Unico-Desa's executive director, Lim Keng Chin, said the exercise was expected to raise gross proceeds of RM29 million, which will be mainly used for expansion and working capital.

"The listing is an indication of the company's aggressiveness to generate more capital and resources to ensure that its growth momentum continues," Lim said after the launch of the IPO prospectus here today.

Lim said ELK-Desa will be rebranded and its portfolio will be improved.

He said the company currently did not have a dividend policy.

"However, for the financial year ending March 31, 2013, the board of directors intended to recommend and distribute about 50 per cent of its profit after tax to the shareholders as dividends," he said.

ELK-Desa is primarily involved in hire-purchase financing for used motor vehicles and insurance agency business.

It currently has over 700 motor vehicle dealers located in the Klang Valley. -- BERNAMA


Any comments?
nasT
post Nov 21 2012, 04:23 PM

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i would say fair candidate for hit & run. pricing also not so expensive.. busuk busuk 5 sen in hand - profit.

go ahead... wallop my day.
kb2005
post Nov 21 2012, 08:08 PM

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Can see in CIMB eipo already. RM1.16. Good price ?
xuexueli
post Nov 21 2012, 09:00 PM

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THIS IS AN ELK!


tongue.gif tongue.gif tongue.gif

This post has been edited by xuexueli: Nov 21 2012, 09:01 PM
minshome
post Nov 21 2012, 09:27 PM

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abit overprice...

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