Waiting for next big IPOs

MALAYSIA, which has produced two of the world's biggest initial public offerings (IPO) so far this year, i.e. FGV and IHH, with market capitalisation of 18.9 billion and 25.3 billion respectively.

Read more:
Bursa expects more IPOs
Bursa mulling bigger ipo retail tranche
More IPOs coming, says Bursa chief


So, next coming big IPOs are:
1. Pay-TV operator Astro All Asia Networks Plc.

Astro is expected to be relisted sometime in the fourth quarter this year.  Astro has a virtual monopoly on pay-to-watch TV services in Malaysia and operates eight terrestrial radio stations. The company was de-listed from the Malaysian stock exchange following a 2010 buyout by Mr. Krishnan and the investment holding arm of the Malaysian government’s Khazanah Nasional Bhd.  There is rumor said that Astro is planning to raise total of RM 4.76 billion from IPO.

Read more:
传ASTRO申请47.6亿IPO
Ananda plans RM3.2b Astro IPO by end-September

 2. IGB REIT

The listing of the IGB REIT is expected to be in September 2012.  Some 3.4 billion units will be issued under the exercise for the two malls (i.e. Mid Valley Megamall and the Gardens Mall) which have been a valued at RM4.6 billion.  Currently, both assets come under KrisAssets Holdings Bhd, in which IGB has a 75 per cent stake. KrisAssets will sell the shopping complexes to the IGB REIT.

Read more:
IGB eyes hospitality, office REITs

3. Karex Industries Sdn Bhd.

Karex, the world's biggest condom maker, is aiming for a listing next year, i.e. 2013.  With factories in Pontian, Klang and Thailand, Karex Group churns out some three billion pieces of condoms a year. This works out to a 15 per cent share of the world's condom market of 20 billion pieces a year.

Read more:
World's biggest condom maker Karex looks to float shares