MMC Corp Bhd and the other shareholders of the profitable Gas Malaysia Sdn Bhd is undertaking a listing exercise which would involve an offer for sale of 26% of Gas Malaysia’s existing stake.
MMC-Shahpadu (Holdings) Sdn Bhd owns 55% or 353.108 million shares of Gas Malaysia, Tokyo Gas-Mitsui &Co (Holdings) Sdn Bhd 25% (160.503 million shares) and PETRONAS GAS BHD [] 20% (128.388 million shares).
Gas Malaysia posted net profit of RM298.27 million in the financial year ended Dec 31, 2010 compared with RM243.14 million in FY2009 and RM269.32 million in FY2008. Revenue was RM1.807 billion in FY2010, RM1.753 billion in FY2009 and RM1.879 billion in FY2008
How much do you expect the price of this IPO ? RM1 ? RM 2 RM3 ? or Higher ? Queue to buy this IPO and u will get $$$..
0 comments: on "New Big IPO listing soon ? GAS MALAYSIA"
Post a Comment