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Friday, June 1, 2012

My Comment: FELDA Global Ventures Holdings Bhd IPO

FELDA Global Ventures Holdings Bhd Initial Public Offering prospectus has issued yesterday. Since it is the 2nd largest IPO after Facebook, many investors are paying attention on it. 

For those who subscribed Gas Malaysia Bhd, it is a very disappointed one. This is because it does not need our money for future expansion and it only do it for the sake of listing. As a result, Gas Malaysia Bhd only offers 30.5 millions shares to the public. I would say the chance for retail investor to hit is extremely low, even compared to ARMADA, PCHEM and MMHE.

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