Focus Lumber Berhad Initial Public Offering | IPO
Focus Lumber Berhad (“Focus Lumber”) is the upcoming Initial Public Offering (IPO) listing on the Main Market of Bursa Malaysia Securities Berhad.
The principal adviser, managing underwriter, underwriter and placement agent is Bank Islam Malaysia Berhad and the issuing house is Malaysian Issuing House Sdn Bhd.
You may apply for this IPO on or before 18 April 2011 at 5.00pm
Focus Lumber Berhad, a Sabah-based plywood, is involved in the manufacturing and sale of plywood, veneer and LVL (Laminated Veneer Lumber).
It produces environmentally friendly plywood and was proudly the first Malaysian plywood mill company to be certified as a California Air Resources Board Certified manufacturer
The company aim to raise some RM7.32 million from an initial public offering (IPO) to fund working capital.
You may apply the IPO via filling out the form, ATM or Internet Banking.
You may also check your IPO result at the Issuing House web site.
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Offering Statistics
Issuer – Focus Lumber Berhad
Issue Price (RM) = 0.60
Par Value (RM) =0.50
Board =Main Market
Sector =Industrial Products
Public Issue :
Malaysian Public 6,000,000
Private Placement 5,300,000
Directors,Employees, Business Associates = 900,000
Offer for Sale :
Private Placement =5,160,000
Adviser(s) =Bank Islam Malaysia Berhad
Listing Schedule
Prospectus Date =06/04/2011
Opening of Applications =06/04/2011
Closing of Applications =18/04/2011
Tentative Balloting Date =20/04/2011
Tentative Allotment Date =26/04/2011
Tentative Listing Date =28/04/2011