BIOALPHA HOLDINGS BERHAD IPO
Timetable for IPO
Opening of application 26/03/2015
Closing of application 02/04/2015
Balloting of applications 06/04/2015
Allotment of IPO shares to successful applicants 13/04/2015
Tentative listing date Tuesday 14/04/2015
IPO Offer Price RM0.20
- 20 MILLION TO PUBLIC
- 80 MILLION VIA PRIVATE PLACEMENT
* THERE IS NO ALLOCATION TO MITI
Kenanga Research gave RM0.24 as the target price.
Jupiter gave a subscribe call with a target price of RM0.25,
While Maybank gave RM0.25 as its' Fair Value.
For your information, Ministry of Finance is one of the substantial shareholders in this company. With the current market condition where there is a lot of interest in the small penny stocks, FY believe that BIO ALPHA will do fine upon listing.
All the best!
FY will be in Ipoh this Saturday as a speaker for InvestSmart Roadshow organized by SC. It is a free stock investment seminar. Do join FY!
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