So everyone now targeting b4 GE eh...good for us then
ELK DESA RESOURCES, New IPO
ELK DESA RESOURCES, New IPO
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Oct 9 2012, 11:16 AM
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Senior Member
1,681 posts Joined: Dec 2010 From: Selhurst Park, N9 |
So everyone now targeting b4 GE eh...good for us then
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Oct 9 2012, 07:27 PM
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Junior Member
26 posts Joined: Oct 2012 |
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Oct 9 2012, 10:05 PM
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Junior Member
211 posts Joined: Jun 2010 From: Perlis |
last day to apply through MITI ...
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Oct 9 2012, 10:59 PM
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Senior Member
709 posts Joined: Mar 2010 |
whn everyone is nt interested i will sapu lor
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Oct 9 2012, 11:06 PM
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Senior Member
1,219 posts Joined: Nov 2010 |
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Oct 10 2012, 12:47 PM
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Junior Member
197 posts Joined: Aug 2012 |
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Oct 10 2012, 01:53 PM
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Senior Member
8,510 posts Joined: Dec 2004 From: KayEL |
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Oct 10 2012, 07:02 PM
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Junior Member
26 posts Joined: Oct 2012 |
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Oct 11 2012, 09:59 AM
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Senior Member
8,510 posts Joined: Dec 2004 From: KayEL |
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Oct 11 2012, 12:51 PM
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Senior Member
786 posts Joined: May 2011 |
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Oct 12 2012, 02:43 PM
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Senior Member
602 posts Joined: Jun 2011 |
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Nov 9 2012, 06:52 PM
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Junior Member
37 posts Joined: Jul 2012 From: Kuching |
MITI result already out.. for those who apply this IPO, check it out.. gud luck!
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Nov 21 2012, 09:08 AM
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Senior Member
3,810 posts Joined: Jan 2006 |
any update for this ipo ?
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Nov 21 2012, 09:17 AM
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Junior Member
11 posts Joined: Jan 2007 |
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Nov 21 2012, 09:58 AM
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Senior Member
1,681 posts Joined: Dec 2010 From: Selhurst Park, N9 |
Hmm RM1.16, its the price ok for 2nd hand credit dealers?
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Nov 21 2012, 04:12 PM
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Senior Member
1,681 posts Joined: Dec 2010 From: Selhurst Park, N9 |
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? |
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Nov 21 2012, 04:23 PM
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Senior Member
786 posts Joined: May 2011 |
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. |
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Nov 21 2012, 08:08 PM
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All Stars
17,876 posts Joined: Jan 2005 |
Can see in CIMB eipo already. RM1.16. Good price ?
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Nov 21 2012, 09:00 PM
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Senior Member
1,051 posts Joined: Jan 2012 |
![]() THIS IS AN ELK! This post has been edited by xuexueli: Nov 21 2012, 09:01 PM |
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Nov 21 2012, 09:27 PM
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Junior Member
432 posts Joined: Mar 2008 |
abit overprice...
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