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 IPO: Elridge Energy Holdings Berhad (“EEHB")

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TSHalibut
post Jun 18 2024, 11:51 AM, updated 2y ago

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Principal Activity:

EEHB is principally an investment holding company and through its subsidiary, the Group is principally involved in the manufacturing and trading of biomass fuel products, particularly palm kernel shells and wood pellets.

Shares to be issued/offered:

Initial Public Offering in conjunction with the Listing of EEHB on the ACE Market of Bursa Malaysia Securities Berhad comprising the following:

(I) Public issue of 350,000,000 new ordinary shares in the EEHB (“Shares”) in the following manner:

80,000,000 new Shares available for application by the Malaysian public;

20,000,000 new Shares available for application by the Eligible Directors, Employees and persons who have contributed to the success of the Group; and

250,000,000 new Shares by way of private placement to selected investors.

(II) Offer for sale of 350,000,000 existing Shares in EEHB by way of private placement to selected investors.
TSHalibut
post Jun 18 2024, 11:52 AM

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sadukarzz
post Jun 18 2024, 11:57 AM

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Interesting, I am wondering what is the current market like for biomass energy in Malaysia.

Not very well verse in this segment of the industry, anyone have legit insights?
earshore
post Jun 20 2024, 11:26 PM

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tight margin but amazing growth, only question is they can keep the tempo
Yipeegee
post Jun 26 2024, 08:05 PM

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QUOTE(Halibut @ Jun 18 2024, 11:51 AM)
Principal Activity:

EEHB is principally an investment holding company and through its subsidiary, the Group is principally involved in the manufacturing and trading of biomass fuel products, particularly palm kernel shells and wood pellets.

Shares to be issued/offered:

Initial Public Offering in conjunction with the Listing of EEHB on the ACE Market of Bursa Malaysia Securities Berhad comprising the following:

(I) Public issue of 350,000,000 new ordinary shares in the EEHB (“Shares”) in the following manner:

80,000,000 new Shares available for application by the Malaysian public;

20,000,000 new Shares available for application by the Eligible Directors, Employees and persons who have contributed to the success of the Group; and

250,000,000 new Shares by way of private placement to selected investors.

(II) Offer for sale of 350,000,000 existing Shares in EEHB by way of private placement to selected investors.
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Wei Halibut ! APply for this ah ? hmm.gif hmm.gif laugh.gif laugh.gif sweat.gif sweat.gif
TSHalibut
post Jun 26 2024, 08:39 PM

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QUOTE(Yipeegee @ Jun 26 2024, 08:05 PM)
Wei Halibut !  APply for this ah ? hmm.gif  hmm.gif  laugh.gif  laugh.gif  sweat.gif  sweat.gif
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Already applied under miti. Total applied 1259 already.

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This post has been edited by Halibut: Jun 26 2024, 08:42 PM
Yipeegee
post Jun 26 2024, 09:08 PM

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QUOTE(Halibut @ Jun 26 2024, 08:39 PM)
Already applied under miti. Total applied 1259 already.

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Wah oki loh.... rclxm9.gif good luck !
PGV3910
post Jun 27 2024, 01:12 PM

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Major customer frm china..hurmmmm
tomjason
post Jun 27 2024, 10:34 PM

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i think the sector is good energy but the share is too big 2 billion units, the price is maybe cannot move up..pls correct me if i m wrong..tq

This post has been edited by tomjason: Jun 27 2024, 10:36 PM
TSHalibut
post Jun 28 2024, 08:58 AM

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xiangsienz
post Jul 10 2024, 11:07 AM

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QUOTE(Halibut @ Jun 18 2024, 11:51 AM)
Principal Activity:

EEHB is principally an investment holding company and through its subsidiary, the Group is principally involved in the manufacturing and trading of biomass fuel products, particularly palm kernel shells and wood pellets.

Shares to be issued/offered:

Initial Public Offering in conjunction with the Listing of EEHB on the ACE Market of Bursa Malaysia Securities Berhad comprising the following:

(I) Public issue of 350,000,000 new ordinary shares in the EEHB (“Shares”) in the following manner:

80,000,000 new Shares available for application by the Malaysian public;

20,000,000 new Shares available for application by the Eligible Directors, Employees and persons who have contributed to the success of the Group; and

250,000,000 new Shares by way of private placement to selected investors.

(II) Offer for sale of 350,000,000 existing Shares in EEHB by way of private placement to selected investors.
*
When this one will be listed in bursa?
TSHalibut
post Jul 31 2024, 08:19 PM

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coyouth
post Aug 1 2024, 10:00 AM

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QUOTE(Halibut @ Jul 31 2024, 08:19 PM)
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nice. another one to try.
v3t0
post Aug 1 2024, 06:33 PM

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QUOTE(Halibut @ Jun 26 2024, 08:39 PM)
Already applied under miti. Total applied 1259 already.
On average, how long is the waiting time from payment date to listing date when you applied under MITI? A month? Several months?
Under MITI got tier similar to public application?
Thanks,

eattan
post Aug 6 2024, 03:14 PM

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may i know how does application thru MITI works? any link for me to read up..
thanks
ichigo kawasaki
post Aug 6 2024, 03:48 PM

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good growth.
TongCN
post Aug 6 2024, 03:59 PM

Look ma, I have lots stars :D
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up in MooMoo also d
mashqi
post Aug 6 2024, 04:41 PM

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The IPO come up when I just bought the dip from yesterday lol. Bad timing for me. Haiz.
engineer
post Aug 6 2024, 07:55 PM

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Wait for the EPB balloting over first. See if have to roll that money over to apply this.
Yipeegee
post Aug 7 2024, 08:43 AM

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https://my-cf.bursamalaysia.com/files/2024-...).pdf</a>

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