Stop preaching as they are well known for nice models but bad delivery in projects till defects still laying around for years 🤦‍♀️

Ppl around that Development knows about how unradiant upon delivery 👏

Different person 🤦‍♀️ just because got same name doesn’t mean the same person

Many ppl in this world called David doesn’t it mean the same person

Desperate now as liquidity drys up for future projects

Most likely cash got burned when taking over hence now liquidity drys up and when banks unable to offer working capital this where companies will go to next ipo

As long as SC doesn’t approved then it can be as long as it wants to be 🤦‍♀️

No need to wonder the problem 🤦‍♀️ it is just because of book keeping purposes that SC doesn’t approve

To be listed most important is always is the books hence why company willing pay a starting million dollar to reputable IBs to secure the approval for listing

Read it almost a year after the started process in the 1st place and only has been approved by SC earlier this year 🤦‍♀️

Even their IBs has been signed but no news yet because of the book keeping hence which is why the process delay 🤦‍♀️

The prospectuses published here have not been registered with the SC under Section 232 of the Capital Markets and Services Act 2007 and is solely for the purpose of seeking comments from the public. 🤦‍♀️

https://www.sc.com.my/resources/prospectus-...elopment-berhad

If it has been approved it won’t be under exposure 🤦‍♀️





This post has been edited by xander2k8: Mar 6 2023, 01:35 AM

How bad was your experience? Defects or major pains?

Expect to get burn from Radium 🤦‍♀️

And look at those unsold or unlease units laying around in their properties 🤦‍♀️ good luck on those who got and don’t sell it quick on the 1st day

Not his fav 1.88 again 🤦‍♀️

Close to fair value this rating 👏

Already said earlier it is failed IPO 🤦‍♀️ MahSing and UEMs will be a good comparison

A lot of tell take signs 🤦‍♀️ before they even embarking using YouTuber

Even rm1.50 it is so difficult you think it is possible 🤦‍♀️ because it hit will the circuit breaker and trading will be halted 🤦‍♀️

Count yourself hitting the jackpot at 3x as the recent with ADB and Oppstar and TTVision is very close 3x upon opening

10% for IPO is considered nothing when the drop is way more irrational 🤦‍♀️ you be better off with at least 20% at least you have a stop gap to either take profit or cut small loss

But given the market 20% is achievable

Already warn you earlier 🤦‍♀️ it is a bad listing

Dividend yield also it is horrible by standards 🤦‍♀️ they got greedy when they wanna list as big cap when a better route was mid to small cap with lower valuation 🤦‍♀️

Unlikely to drop so much 🤦‍♀️ even within a month

Maybe after the 1st disappointing QR

More like 22 sen

Tell tale signs already that this IPO failure from Day 1 already 🤦‍♀️ public under subscription is low hence now they asking their own promoters to take up the public portion quickly