Wednesday, January 8, 2014

INVESTMENT: Major Potential IPOS (Initial Public Offering) To Consider In 2014

Definition of 'Initial Public Offering - IPO'

The first sale of stock by a private company to the public. IPOs are often issued by smaller, younger companies seeking the capital to expand, but can also be done by large privately owned companies looking to become publicly traded.

In an IPO, the issuer obtains the assistance of an underwriting firm, which helps it determine what type of security to issue (common or preferred), the best offering price and the time to bring it to market.

Also referred to as a "public offering."

Investopedia explains 'Initial Public Offering - IPO'

IPOs can be a risky investment. For the individual investor, it is tough to predict what the stock will do on its initial day of trading and in the near future because there is often little historical data with which to analyze the company. Also, most IPOs are of companies going through a transitory growth period, which are subject to additional uncertainty regarding their future values.

1. 1Malaysia Development Berhad

1Malaysia Development Berhad is a strategic development company, wholly owned by the Government of Malaysia. Wikipedia
Potential size: RM10 billion

2. Malakoff Corporation Berhad

Malakoff Corporation Berhad is a Malaysian power company that generates and sells power as an independent power producer to Tenaga Nasional for uploading onto the National Grid, Malaysia.
Potential size: RM3.3 billion

3. Medini Iskandar Malaysia Sdn Bhd

Medini Iskandar Malaysia Sdn Bhd operates as a real estate developer. The company constructs sewage treatment plants, water supply reservoir, suction tank, pump house, and retention pond. Medini Iskandar Malaysia Sdn Bhd is a former name of Rim City Sdn Bhd and changed its name to Medini Iskandar Malaysia Sdn Bhd in October, 2008. The company was incorporated in 2007 and is based in Malaysia. Medini Iskandar Malaysia Sdn Bhd operates as a subsidiary of Iskandar Investment Berhad.
Potential size: RM2.5 billion

4. IOI Properties Group Sdn. Bhd.

IOI Properties Group Sdn. Bhd. operates as an investment holding company, with operations in property development and investment, leisure, and hospitality business in Malaysia and Singapore. The Company develops residential, commercial, and industrial properties and invests in shopping malls, office complexes, and other properties. Top 3 developer in Malaysia by market capitalization ; Top 10 developer in Malaysia for 6 consecutive years (2003-2008) (voted by the Edge)
Potential size: RM1.875 billion

5. MOL AccessPortal Sdn Berhad

MOL AccessPortal Sdn Berhad was incorporated in Malaysia under the Companies Act, 1965 on 9 February 2000 as a private limited company under the name of Superior World Sdn Bhd. It assumed its present name on 8 July 2000 and was converted into a public limited company on 29 April 2002. MOL was officially listed on the MESDAQ Market of Bursa Malaysia Securities Berhad under the Technology Sector on 22 December 2003. It was subsequently privatized by Tan Sri Vincent Tan, Chairman & CEO of Berjaya Corporation, one of the largest conglomerates in Malaysia with an annual turnover of USD3.8 billion in February 2008.

MOL is a MSC Malaysia Status Company that develops and operates payment systems. It leverages on a network of over 600,000 physical and virtual payment channels across more than 80 countries worldwide to operate its key payment products. MOL processes over 6,000,000 transactions per month with a volume of more than USD300 Million a year.

MOL is recognized as one of the Asia Pacific’s fastest growing technology companies in the Deloitte Technology Fast 500 Asia Pacific Awards for 2005 & 2006, has won a Merit Award for the Best of E-Commerce Applications in MSC Asia Pacific ICT Awards and is a Microsoft Certified Partner. In 2010, MOL ranked 23rd in the Deloitte Fast 500 Companies of Asia Pacific 2010 becoming South East Asia's fastest growing technology.

Potential size: RM1.8 billion

6. Axiata Group Berha's telecommunications tower assets

Axiata Group Berhad is the emerging leader in Asian mobile telecommunications. The Group, one of the largest telecommunications companies in the region, has extensive operations and businesses in ten countries in Asia, providing a comprehensive range of mobile communication services to over 176 million subscribers.

Axiata has controlling interests in mobile operators in Malaysia, Indonesia, Sri Lanka, Bangladesh and Cambodia with significant strategic stakes in India and Singapore. Its mobile subsidiaries and affiliates operate under the brand names ‘Celcom’ in Malaysia, ‘XL’ in Indonesia, ‘Dialog’ in Sri Lanka, ‘Robi’ in Bangladesh, ‘Smart’ in Cambodia, ‘Idea’ in India and ‘M1’ in Singapore.

Potential size: RM1.7 billion
"PETALING JAYA: Axiata Group Bhd’s plan to raise at least US$500 million (RM1.64 billion) by listing its telecommunications tower assets across seven nations came as no surprise to analysts." - freemalaysiatoday - September 3, 2013

7. Iskandar Waterfront Holdings Sdn Bhd

Iskandar Waterfront Holdings Sdn Bhd (IWH) was founded upon thebusiness vision of Tan Sri Lim Kang Hoo,  a long-time veteran of the plantation and construction industry. Tan Sri Lim is also the co-founder and Executive Chairman of Ekovest Berhad and has been on its Board of Directors since 30 March 1988.

IWH is a government-linked company that was specifically incorporated to serve as the master developer of 4,000 acres of prime waterfront land in Johor Bahru. Under a dynamic development Master-plan, a new waterfront city, spreading over almost 2,000 acres, will be developed in phases over a period of 25 years with a GDV of RM60bil. Danga Bay, listed as part of Flagship A within Iskandar Malaysia, this will be one of the largest integrated waterfront urban development projects in Malaysia, with excellent road, air and sea connectivity, and direct Causeway access to Singapore.

Potential size: RM1 billion

8. Ranhill Energy and Resources Bhd.

Ranhill Energy and Resources Bhd. is a Malaysian utility firm involved in energy and water. The company provides engineering services for the onshore and offshore oil and gas, refinery and petrochemical industries as well as power stations in Sabah and a water firm in Johor. Ranhill Energy and Resources Bhd. was incorporated in 2012 and is based in Kuala Lumpur, Malaysia.

Potential size: RM1 billion
"To recap, Ranhill Energy was supposed to list on Bursa Malaysia on July 31, with about 70% of its RM753mil IPO proceeds to be utilised for the repayment of borrowings. The SC instructed Ranhill Energy to postpone its IPO indefinitely on July 25 in view of the non-disclosure issue. On July 26, Ranhill Energy announced that it had terminated its IPO." -

9.  Seven Convenience Bhd

Seven Convenience Bhd, a 7-Eleven convenience store chain operator in Malaysia.
7-Eleven Malaysia Sdn Bhd operates a chain of convenience stores. Its products and services include slurpee and gulp, fresh food and coffee, and private labels products; and in store services, such as sale of mobile phone reload cards, ink cartridge refills, photocopying, fax, automated teller machine, bulletin boards for neighborhood community notices, Internet games reloads, and IDD/STD reloads. The company sells its products through licensees, franchisees, and affiliates in Malaysia and internationally. 7-Eleven Malaysia Sdn Bhd was formerly known as Convenience Shopping Sdn Bhd and changed its name to 7-Eleven Malaysia Sdn Bhd in October 2007. The company was incorporated in 1984 and is based in Kuala Lumpur, Malaysia. As of June 14, 2010, 7-Eleven Malaysia Sdn Bhd operates as a subsidiary of Berjaya Retail Sdn Bhd. - Newsweek

Potential size: RM750 million

"Securities Commission Malaysia has rejected the operator of Malaysia's largest convenience store chain 7-Eleven's RM700 initial pubic offering (IPO), according to the Edge Financial Daily." - The Malaysian Insider, November 25, 2013

10. Icon Offshore Berhad 

Icon Offshore Berhad (formerly known as Kota Bayu Ekuiti Berhad) combines the unique strengths and capabilities of two reputable offshore support vessel (OSV) companies in the country, Tanjung Kapal Services Sdn Bhd and Omni Petromaritime Sdn Bhd.

Potential size: RM450 million

"KUALA LUMPUR Offshore support vessel (OSV) provider Icon Offshore Bhd aims to raise about RM450mil from its initial public offering (IPO), targeted next year, to fund its fleet expansion programme for the next two years." - The Star, Monday October 14, 2013

11. Boustead Plantations Berhad

Boustead Plantations Berhad provides oil palm and rubber cultivation and processing services. In addition, it offers edible oil bulking, agricultural research, and advisory services. The company was formerly known as Kuala Sidim Berhad and changed its name to Boustead Plantations Berhad in April 2004. The company is based in Kuala Lumpur, Malaysia. Boustead Plantations Berhad operates as a subsidiary of Boustead Holdings Bhd. Businessweeks

Potential size: Awating pricing

"PETALING JAYA: Boustead Holdings Bhd is planning to create another plantation giant by listing its plantation division next year. It is also eyeing to add more plantation land-bank to its portfolio." - The Star, December 6, 2013

Source: The Sun/MIDF Research, news reports