IPO Details
INARI target to be listed on Ace Market of Bursa Malaysia on 19-Jul-11. As much as 10 mil shares to be made available for Malaysian Public at RM 0.38 per share, INARI will see a proceed of RM 31.54 million from the IPO exercise.
INARI, incorporated back in 2010, is an EMS provider involved in semiconductor packaging, which comprises back-end wafer processing, package assembly and RF final testing for the semiconductor industry.
INARI intends to pay dividend of up to 40% of net profit in each financial year. Based on Year 2010, the PER is stood at 8.3 with estimated dividend yield at almost 2% of the offered price.
PRESTARIANG is an ICT service provider, focusing on ICT Training and certification, software license distribution and management.
The company which also incorporated in Year 2010, target to be listed in Bursa Malaysia Main Board on 27-Jul-11 and offering 8 mil shares to the Malaysian Public. It’s expect to gain RM 19.8 million from the IPO exercise.
PRESTARIANG proposed to distribute dividend of up to 50% of the PAT for at least 3 years after the IPO exercise. PER for PRESTARIANG for year 2010 is at 13.1 with estimated dividend yield of 3.4% of the offered price.
Financial details
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