Leong Hup International Ipo
Malaysia s poultry producer leong hup international and fast food operator qsr brands are in advanced stages of launching their initial public offerings in the second quarter which would revive.
Leong hup international ipo. Leong hup international s ipo entails the issuance of up to 937 5 million shares representing 25 68 of the enlarged issue and paid up share capital of the company. 201401022577 1098663 d 3rd floor wisma westcourt no. Malaysia s largest integrated poultry producer leong hup international bhd s initial public offering ipo has been oversubscribed by 3 64 times for the public portion. Spider68 reminds me of multi sports holdings sdn.
Leong hup international berhad 2018 12 december 1 november 2 october 1 june 3 may 1. Last year sources had said leong hup was seeking a 600 million ipo while qsr said it was looking to raise 500 million. Leong hup international berhad reg no. 201401022577 1098663 d 3rd floor wisma westcourt no.
Henry8833 leong hup last time shares also not performing well and lau family privatized at about less than 10 times pe. 126 jalan klang lama 58000 kuala lumpur wilayah persekutuan malaysia. Thursday april 25 2019. Agricultural commodities trader louis dreyfus company ldc has announced it will make a cornerstone investment in the initial public offering ipo of poultry and egg company leong hup international bhd on bursa malaysia.
Leong hup international berhad. On tuesday mahathir said malaysia may list certain state owned entities. Poultry player leong hup international bhd has set the maximum price for its upcoming initial public offering ipo at rm1 10 per share according to bloomberg. The newswire noted.
It comprises an offer for sale of up to 687 5 million existing shares and a public issue of 250 million new shares at rm1 10 apiece. Ipo where it enabled a pre ipo investor hong leong group of companies to cash out by dumping shares below ipo price. Ipo price rm 0 85.