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About KLSEhttp://www.theborneopost.com/2012/02/01/se…i-park-project/
Sentoria to raise RM51.6 mln via IPO for safari park project
Read more: http://www.theborneopost.com/2012/02/01/se…/#ixzz1lNllzJma
KUCHING: Sentoria Group Bhd (Sentoria), a property developer and resort operator will use a portion of the proceeds of its initial public offering (IPO) for the development of Bukit Gambang Safari Park.
In its press release yesterday, the group aimed to raise RM51.6 million, of which RM27.7 million would be allocated for working capital, RM11.2 million for repayment of bank borrowings, RM9 million for purchase of property, plant and equipment, and the balance RM3.7 million to defray listing expenses.
Sentorias IPO entailed a public issue of 60 million new ordinary shares an offer-for-sale of 40 million promoters shares.
Of the 60 million new ordinary shares under public issue, 20 million were allocated for publuc balloting and 10 million shares for eligible directors, employees and business associates of the group at IPO price of RM0.85 per share.
Meanwhile, 30 million shares would be allocated for private placement at a placement price of RM0.87 per share. The 40 million promoters shares, allocated for Bumiputera investors approved by the Ministry of International Trade and Industry, were priced at RM0.87 per share.
On the expansion front, Sentoria estimated to invest capital enpenditure of about RM48 million for the development of Bukit Gambang Safari Park, located in Bukit Gambang Resort City (BGRC). It targeted to commence operations by end-2012.
This would be the second theme park following Bukit Gambang Water Park in BGRC. Spanning 88.2 acres in Gambangs secondary jungle, it aimed to feature animals in its natural surroundings.
We believe it would be an additional attraction to pull even more visitors to BGRC.
We are optimistic that Bukit Gambang Safari Park will follow the success of our first theme park, which has welcomed more than one million visitors since its opening in July 2009, said Sentoria head of public and investors relations Nasiruddin Nasrun.
We are confident that the addition of the second theme park in BGRC would stake our place as an up-and-coming leisure and hospitality destination for visitors in Malaysia and the region, he added.
Barring unforeseen circumstances, Sentoria was slated to list in the first quarter of 2012.
Read more: http://www.theborneopost.com/2012/02/01/se…/#ixzz1lNljzS6P
For currently available Online Share Trading platform , which one is recommended ?
In term of chart analysis , charge and etc..
I bought this share, at morning PCHEM-CF around 2.5 cents.
I thought I have sell this share, which I actually didn't ….
(I am still holding it )
Any advice ? 
I bought this share, at morning PCHEM-CF around 2.5 cents.
I thought I have sell this share, which I actually didn't ….
(I am still holding it )
Any advice ?
I sold my share on Monday, where T+3 is Friday. I planned to use the money earn to settle another share, which i bought on Wednesday, where T+3 is next Wednesday since Mon & Tues= public holiday. Today is Friday, T+3 for the share i sold but i still didnt receive money in my cimb itrade acc!! I dont have enough money to settle the share i bought if i didnt receive the money from what i sold!! Will i receive it on T+4?? What'll happen if i cant settle it due to the delay? And what can i do to avoid the consequences?? (I dont have extra money!)
Will it be an opportunity like Google investors had in 2004?
Or will it be a one-day disappointment like Groupon?
Let's face it, if there's money to be made, it's usually the big boys who get the biggest pie first. The question is will there br any leftovers for Joe Investors to get a piece of the pie?
Hi,
Need help from the sifus here. Thanks.
If I trade US stocks (using a US online broker), do I have to submit any income tax form to the US authorities yearly and if so which form is it?
Does it matter whether I make or lose $ with regards to whether I need to submit the income tax form
(PS: I've already submited the w8-ben form but am not sure whether need to submit any other income tax form.)
Also, understand that dividends are immediately withold at 30% tax rate. Can I get any of this back?
Help please.
HOT TIP !!!!! BUY WINSUN NOW!! GOING UP FROM 0.13 TO 0.20 AND ABOVE!!! 
http://announcements.bursamalaysia.com/EDM…10?OpenDocument
At 95cents. Dare to apply?
Opening of application : 31/01/2012
Closing of application : 10/02/2012
Balloting of applications: 14/02/2012
Allotment of IPO shares: 23/02/2012
Tentative listing date: 24/02/2012
http://announcements.bursamalaysia.com/EDM…77?OpenDocument
Want to try ? What is the chance ? 85cents.
Opening of application : 31/01/2012
Closing of application : 10/02/2012
Balloting of applications: 14/02/2012
Allotment of IPO shares: 15/02/2012
Tentative listing date: 23/02/2012