Both Boustead Plantations and Icon Offshore can give 50 sen premium on the listing day . Apply both and see which one you get. If you lucky, you get both.           

I choose both. Apply icon first. Hopefully unsuccessful application be refunded by 11 June 5 pm just in time for Boustead. Icon expected rm0.30-rm0.50 premium. Boustead rm0.25-rm0.35

yup, u right.... split ur bullets...n apply both..

Much better to invest in Icon then Boustead. Oil and gas has a bright prospect and Icon is the largest pure play OSV operator in Malaysia.

If you look at the prospectus, it indicates that their fleet is so much more younger then its competitors. For such a young company, they have grown to such a giant in a short period, indicating a strong management team.

I've put in my bid as well.

Any source to back up yo stmt?

My own source !!!  So far my prediction is 90-100% right. I predict 7-11 premium around 10 sen - almost right. Let's see my prediction this time .         

Closing 6 June 2014. Money won't be back in time by 11 June for the next IPO. as 6th June is Friday...

that why i will split it between icon and boustead ipo. both good IPO.

Nope. From the 510 mil shares, 289 mil are shares sold by current shareholders, only 221 mil shares are new shares. So, most of the proceeds will go to the shareholders who sell their shares in this IPO, while the company (ICON) will only get money from the issuance of new shares. you can refer to this in page 16 of their prospectus.

So, rm450 mil divide by 221 shares equals to around rm2.++

Many will skip Boustead and concentrate more on Icon. Therefore your chance of getting Boustead shares will be slightly more than Icon. Anyway , best of luck to you guys !!!!        

Icon Offshore balloting is on 10th June 2014 ( Tuesday ) whereas closing date for Boustead Plantations is on 11th June 2014 ( Wednesday ) . 1 day no time for refund .