Wednesday, 8 May 2013

MATRIX CONCEPTS HOLDINGS BERHAD (5236) IPO

Stock name: MATRIX
Listed: Main market
A property developer based in Negeri Sembilan.

Timetable for IPO
Opening of application    08/05/2013
Closing of application      15/05/2013
Balloting of applications   17/05/2013
Allotment of IPO shares  27/05/2013
Tentative listing date        28/05/2013



Information
IPO price: RM 2.20
PAR value: RM 1.00
a. Total Public shares issue:  62,500,000
    THE MALAYSIAN PUBLIC: 10,000,000
    THE ELIGIBLE DIRECTORS AND EMPLOYEES: 8,808,000
    PRIVATE PLACEMENT: 43,692,000
b. Offer for sale: 37,500,000
    THE BUMIPUTERA PRIVATE PLACEMENT: 32,500,000
    THE SELECTED PRIVATE PLACEMENT: 5,000,000

Dividend policy: 40%
Based on FYE 2012,
PE: 6.38
DY: 6.27%

Financial Summary:
Source: http://1-million-dollar-blog.com

3 comments:

  1. Looks like a good company from Kenanga Research.

    ReplyDelete
    Replies
    1. Ya. Kenanga gives target price at RM 2.75.

      Delete