5199 HIBISCUS 大紅花石油

BIoTech

Timetable for IPO
Reference No ML-110629-56296  

Submitting Merchant Bank : HONG LEONG INVESTMENT BANK BERHAD   
Company Name : HIBISCUS PETROLEUM BERHAD   
Stock Name  : HIBISCS   
Date Announced : 30/06/2011   


Opening of application : 30/06/2011
Closing of application : 13/07/2011
Balloting of applications : 15/07/2011
Allotment of IPO shares to successful applicants  : 19/07/2011
Tentative listing date : 25/07/2011

Remarks :
This timetable is tentative and is subject to changes which may be necessary to facilitate implementation procedures.

The application period will remain open until 5.00 p.m. on 13 July 2011 or for such further period or periods as our Directors together with the Underwriter in their absolute discretion may mutually decide.

In the event that the closing date of the application for the IPO is extended, the dates for the balloting, allotment of the IPO Shares and the listing of our entire issued and paid up capital on the Main Market of Bursa Malaysia Securities Berhad will be extended accordingly. Any extension of the abovementioned dates will be announced by way of advertisement in widely circulated daily Bahasa Malaysia and English newspapers.



© 2011, Bursa Malaysia Berhad. All Rights Reserved.

ThermoFisher

大紅花石油上市 預計集資3億

（吉隆坡30日訊）專注於油氣領域上遊活動的大紅花石油（Hibiscus Petroleum），冀望集資介於1億5000萬至3億令吉。

大馬首家特別用途收購公司（SPACs）--大紅花石油，預計7月25日在大馬交易所上市。

特別用途收購公司是家設立時只有資金，但沒有業務的公司，隨後才通過收購活動注入業務。SPAC公司的賣點就是專業的管理團隊，讓投資者對其具備信心，藉此向公眾籌獲資金。

在首次公開售股活動中，該公司將發出介於2億至4億新股，以及每股送一單位憑單。在這批新股當中，其中1億9000萬至3億9000萬股作為私下配售，以及1000萬股供公眾認購。針對供公眾認購的股票，每股發售價為0.75令吉，免費憑單的轉換價為0.50令吉。

根據證券監督委員會的條例，特別用途收購公司需在3年時間內，成功注入符合資格的業務，否則將進行清盤，償還大部分款額予股東。

大紅花石油董事經理肯尼思佩雷拉稱，「即使在這三年時間內成功收購業務，仍得召開股東特別大會，尋求小股東的批准，且管理層無權投票。若無法在期限內完成收購，公司將90%投資額，加上利息回退給投資者。」

「儘管公司目前無業務，不過我們擁有專業及經驗豐富的管理層，相信我們將成為大馬純深海勘探及生產（E&P）公司。」他強調，目前大部分的油氣上市公司皆屬於服務供應類型。

肯尼思佩雷拉在招股書推介儀式上，發表以上談話。

該公司的油氣經濟學家伊萬傑弗里指出，「國家石油公司的邊加蘭石油提煉與石化綜合發展計劃（RAPID）將提高領域活動，不過國油傾向於將龐大合約頒發給現有的公司。因此，我們將關注於南亞、中東以及東亞區域。」

http://www2.orientaldaily.com.my ... 5ML03WT7cPu0Ay01eNB

BIoTech

Hibiscus raises over RM150m from investors      

KUALA LUMPUR: Hibiscus Petroleum Bhd, the country’s first special purpose acquisition company (SPAC), announced that it had raised over RM150 million from selected investors under its private placement exercise.

“We are very pleased with the success of our private placement exercise which has attracted numerous investors, a number of whom are involved in the oil and gas industry. Their confidence in our company is an endorsement of the growth prospects of the exploration and production industry and Hibiscus Petroleum,” Dr Kenneth Pereira, Hibiscus managing director, said in a press release following the launch of its prospectus yesterday.  

He said the amount raised had already exceeded the minimum RM150 million required to be raised by a SPAC under Bursa’s listing requirements.

Hibiscus said it intends to utilise the funds raised from the IPO to acquire businesses or assets (qualifying acquisition or QA) that will establish it as an independent oil and gas exploration and production (E&P) player in the near to medium term. It will initially target low- to moderate-risk E&P opportunities that have high upside potential.

The IPO involves a public issue of 190 million to 390 million shares by way of placement to selected investors. An additional 10 million shares will be allocated to the public.

Each share has an issue price of 75 sen and comes with a free detachable warrant exercisable at 50 sen. Total proceeds to be raised will be RM150 million to RM300 million.

http://www.theedgemalaysia.com/i ... from-investors.html

流星雨

新上市公司送憑單 投資者需三思
幸運輪03/07/2011 14:30

隨著MClean科技（MCLEAN，0167，創業板貿易股）招股送憑單后，現在又有一家新上市公司大紅花石油有限公司HISBISCUS PETROLEUM）要贈送憑單來吸引投資者認購。

　如果投資者沒忘記，M C l e a n科技和雙威基建這兩家在上市時派送免費憑單的公司股價表現，大紅花石油上市后的股價並不受看好。

　大紅花石油日前宣佈，已經獲得證券監督委員會批准上市計劃。該公司是馬股市首家特別用途收購公司（SPAC）。

　這類公司在上市時是一家無業務及收入的空殼公司，特別用途收購公司是向投資者融資后，方收購業務和資產。

　該公司計劃融資1億5000萬至3億令吉。相信因為這類公司是股市新產品，派送憑單是為了“獎勵”願意做開路先鋒的投資者。

　根據大紅花石油新股招股書，這家公司所籌到的資金將會拿來投資石油開採和生產公司。股東若對收購的業務或資產若感不滿，可要求公司退還約九成投資。

“甜品”做獎勵

　憑單的行使價是定在50仙，比75仙新股認購價低三分一。

　由于籌到的資金有約九成是被鎖定在第三者的信託公司或金融機構，投資者若對收購的資產不滿可要求退款，再加上免費贈送的憑單有25仙的內在價值，投資者無疑會心動。

　不過投反對票的投資者只能在收購資產完成后才能獲得退款（在扣除一些費用后）。如果收購資產不能完成就不會退款。

　這項條例看來對投資者有保障但這項保障的弱點就是可以“拖錢”。

　這家公司所做的和多年前雙威基建進行招股時的動作，都是一樣。如果沒有像憑單那樣的“甜品”做獎勵，一般投資者一定不會認購。

　當然我不否定大紅花石油在目前石油價高的時候或有支持，但使用到贈送憑單這一招的前科都不算好。投資者若要認購真的要三思。

（本欄言論不代表本報立場）

sky1510

公众认购股不多，主要是private 。
空壳公司，等于风险无限放大。
难道是去收购aph用的。。

漫游无本

很不明白干吗让空壳公司上市
A 了钱后没收购到公司不就被打入 PN 16 鸟  

BIoTech

Hibiscus Petroleum public issue oversubscribed 3.8 times      
  
KUALA LUMPUR: Hibiscus Petroleum Bhd’s public issue of 10 million new shares made available to the public was oversubscribed 3.8 times.

The company said on Friday, July 15 there were 4,757 applications for 48 million shares with a value of RM36 million.

It also said another 265 million new shares with a value of RM199 million were placed out to selected investors.

“The combined IPO funds raised from the public subscription and placement to selected investors of RM235 million represent RM150 million required to be raised by special purpose acquisition companies (SPAC) under the Securities Commission Equity Guidelines,” it said.

Hibiscus Petroleum said up to 38 million public issue shares available under the placement portion would be reallocated from the placement portion to the retail portion under the clawback provision.

Hibiscus Petroleum managing director, Dr Kenneth Pereira said: “Being the first SPAC in Southeast Asia and the first independent Malaysian exploration and production company to be listed on Bursa Malaysia, we are very encouraged and motivated by the success of our IPO exercise, which has raised funds totalling RM235 million,” he said.

Pereira said there was strong interest from both the foreign and local investor communities.

On the shareholdings, he said apart from the 20% equity interest held by the non-independent directors and management, the next largest shareholder holds slightly less than 10% of the equity.

“The funds raised through this exercise places Hibiscus Petroleum Berhad in a good position to capitalise on the opportunities available in the oil and gas exploration and production industry in the South Asia, Middle East, East Asia and Oceania regions.

“We look forward to embarking on our next phase, which is to acquire operating companies, businesses or assets, to enhance value for our shareholders,” he said. Hibiscus Petroleum is expected to be listed on Bursa Malaysia on July 25.

http://www.theedgemalaysia.com/b ... ribed-38-times.html

KWK

a不到钱的。因为90%钱会放在trustee. 如果3年没有买到生意。会退还给投资者。管理层拿到的好处是用少资本做生意

kira5930

很開心見到這個貼..本想參于認購它的IPO,卻因忙,而錯過了...我原本想認購5000股,因現在市場膠著,有許多不確定性(國內与外圍),而且綜合指數並不低,保留了70-80%的現金.覺得這間公司的成立,是有他的遠景,他們的領導人,都是這行業的專才.我是一個普通人,我想用我在股市賺到的一點錢,來冒險,編織一個夢,告訴自已,如果它能成功,
我是最先加入的最大獲益者..

我告訴自己,我的公司沒欠錢,有2億多現金.
我告訴自己,我的公司有一流的管理層.
我告訴自已,我的公司有送我免費的低認購憑單.
我告訴自已,他的成長遠高于我所能期待的...

我相信,多年後......他會壯大
他是小小kencana,小小Shell,然後..變 "
它比買馬票或上云頂更精彩.

小人物: Kira 上.

kira5930

回复 13# kira5930

並一定每個申請者,都能抽到.

大紅花石油　超額認購3.8倍

（吉隆坡15日訊）大紅花石油（Hibiscus Petroleum）通過首次公開售股（IPO）集資2億3500萬令吉，其中供公眾認購的配額，取得3.8倍的超額認購。

供公眾認購的1000萬股配額中，共接獲4757份申請，認購總額達4800萬股票，或價值36萬令吉。

至於供私下配售的2億6500萬股，或價值1億9900萬令吉，已全數獲特定投資者認購。

同時，大紅花石油透過公眾認購與私下配售，成功集資2億3500萬令吉，已超過證券監督委員會的股權準則下，特別用途收購公司（SPACs）必須最低集資1億5000萬令吉的目標；取得8500萬令吉或57%的額外資金。

此外，供私下配售額中高達3800萬股，將轉為公眾認購的配額，供公眾認購。

凡是認購大紅花石油股票的投資者，將於7月22日前接獲通知。同時，該公司預計將在7月25日，於大馬交易所上市。

http://www2.orientaldaily.com.my ... 3bJ06T57cw3149t6g0l

aik

"私下配售中的3千800萬股新股將重新配置在零售配額中。" 每個申請者,都抽到咯?!

http://biz.sinchew-i.com/node/49563
木槿花石油超額認購3.8倍
大馬財經  2011-07-16 14:27
（吉隆坡15日訊）將於7月25日在馬股主要交易板上市的首家特別併購公司——木槿花石油（Hibiscus Petroleum），供大馬公眾認購的1千萬股新股，獲得3.8倍超額認購率。
該公司發文告表示，截至申請止，共接獲4千757份購股申請，涉及總值3千600萬令吉的4千800萬股，相等於3.8倍超額認購，因此，根據招股書的回補條款（Clawback Provision），私下配售中的3千800萬股新股將重新配置在零售配額中。
同時，供私下配售用途的2億6千500萬股，總值1億9千900萬令吉，也已完全配售給已認定的投資者。
綜合公眾和私下配售所得，木槿花石油首次公開售股計劃共籌資2億3千500萬令吉，較證券監督委員會證券指南中特別併購公司最低1億5千萬令吉籌資要求，高出8千500萬令吉或57%。
所有成功申請者，將在本月22日前接獲書面通知。（星洲日報／財經）

MillionPool

i kena 15000 unit

kira5930

回复 18# aik


    上市第一天...????講講...........
    發售价$0.75....
    假設大家用$75,000來集資,如果有人用$65,000來收購,或向一小部份小投資者以相似的价格,比如你加股$7,500或$750,你會以$6,500或$650出售你的股權嗎??更何況公司還手握現金$75,000(當然須扣除付一些費用成立公司)??????你會嗎????
    A!AA!AAA!你還有warrant仔(轉換价$0.50)...如果第一天母股跌到$0.65,根据理論价,warrant仔值$015($0.50+$0.15=$0.65)...Ａ...如你賣完全部母股+warrant仔($0.65+$0.15=$0.80)那你仍然賺$0.05(賺幅超過6%).又或者你可保留warrant仔,如果你對他仍然有期待,或你對他有非常"大"的期望,你可什么都別做.
    可是股市變化是難測的..........那4,800万股公眾股,可成為抄家拉上扯下的目標...如果有一天,掉到$0.45或$0.40,公司還沒收購動作...那買家擁大批此价格買進的個人,或抄家,每次的收購的會議都reject,因成立公司的股東無投票權...直到3年後,收購計划無法通過,取回90% $0.67+0.06(政府三年公債利息)=$0.73,也很合味!嘻!

    以上純屬個人瞎說与胡論...哈!!!!

BIoTech

Initial Public Offering (IPO)

Reference No ML-110722-57190

Submitting Merchant Bank	:	HONG LEONG INVESTMENT BANK BERHAD
Company Name	:	HIBISCUS PETROLEUM BERHAD
Stock Name	:	HIBISCS
Date Announced	:	22/07/2011

Date of listing	:	25/07/2011
Enlarged issued and paid up share capital in the following
Units	:	418,047,922
Currency	:	MYR 4,180,479.220
Par Value ($$)	:	MYR 0.010
Stock code	:	5199
Stock name	:	HIBISCS
ISIN code	:	MYL5199OO004
Board	:	Main Market
Sector	:	SPECIAL PURPOSE ACQUISITION COMPANY
Do you wish to list any child stock / new type of securities in conjunction with the IPO?	:	Yes
No. of child stock / new type of securities to be listed	:	1

1. Details of child stock/ securities
New types of child stock / securities	:	Warrants
Number of units / nominal amount	:	334,436,522
Currency	:	MYR 0.000
Stock Code	:	5199WA
Stock Short Name	:	HIBISCS-WA
ISIN Code	:	MYL5199WAO68

Remarks :

The warrants are issued free as part of the Initial Public Offering.

© 2011, Bursa Malaysia Berhad. All Rights Reserved.

BIoTech

Listing Information & Profile

Reference No ML-110718-66273

Submitting Merchant Bank	:	HONG LEONG INVESTMENT BANK BERHAD
Company Name	:	HIBISCUS PETROLEUM BERHAD
Stock Name	:	HIBISCS-WA
Date Announced	:	22/07/2011

Instrument Type	:	Warrants
Description	:	Three (3) - year 2011/2014 Warrants

Listing Date	:	25/07/2011
Issue Date	:	21/07/2011
Issue/ Ask Price	:	MYR 0.0000
Issue Size Indicator	:	Unit
Issue Size in Unit	:	334,436,522

Maturity Date	:	24/07/2014
Revised Maturity Date	:
Exercise/ Conversion Period	:	3.00 Year(s)
Revised Exercise/ Conversion Period	:	0.00
Exercise/Strike/Conversion Price	:	MYR 0.5000
Revised Exercise/Strike/Conversion Price	:	MYR 0.0000
Exercise/ Conversion Ratio	:	1:1
Revised Exercise/ Conversion Ratio	:
Mode of satisfaction of Exercise/ Conversion price	:	Cash
Settlement Type/ Convertible into	:	Physical (Shares)

Remarks :

© 2011, Bursa Malaysia Berhad. All Rights Reserved.

aik

http://biz.sinchew-i.com/node/49783

首家“特別併購”公司
木槿花石油25日上市
大馬財經  2011-07-22 19:08

（吉隆坡22日訊）木槿花石油（HIBISCUS PETROLEUM）是首家將在大馬股市掛牌的“特別併購”公司（SPAC），特別併購公司是指沒有業務或可帶來收入的公司，不過，通過發行新股集資以具備收購條件，然後進行公司或業務的收購。

木槿花石油準備成為國內首家全勘採私人油氣公司，並且放眼開拓南亞、中東、東亞及大洋洲等地區的市場。

假如特別併購公司未能在3年內，落實收購計劃，或者假如投資者投票表決不批准收購，投資者可獲得公開售價最少90%的退款，這是資本保障的一個形式。

此外，公司管理層擁有石油與天然氣大公司的經驗，而且深信油價處於上揚走勢，以及免費發送憑單提供公司上揚潛能。

當然，這個行業也存在風險，例如油價下跌、資產的收購回酬低、投資石油與天然氣的國家修改條例，公司的風險則包括：特別併購公司沒有盈利紀錄，為大馬首家特別併購公司，未能鑒定市場的接受程度，以及新股的投資者無法確定目標收購資產的優劣點。

市場相信，木槿花石油的股票適合探討參與石油價格長期上漲趨勢的投資者，不過，回酬可能需要3年時間才能實現。

公司名稱：木槿花石油
英文簡稱：Hibiscus Petroleum
上市日期：2011年7月25（星期一）
上市組別：主板特別併購組
股票代號：5199
股票面值：1仙
新股售價：75仙
公開發售：2億至4億股新股
私下配售：1億9千萬至3億9千萬股
公眾認購：1千萬股

（星洲日報／財經）

orangkacak

公司其中一位创办人说：“我们几条友加起来的经验有150年！你们应该有信心！”
上个礼拜接受BFM访问时说最少九百千次。。。haiz。。。。

MillionPool

现在母股价钱还低过WARRANT

BIoTech

Hibiscus Petroleum makes muted debut      

KUALA LUMPUR: Hibiscus Petroleum Bhd made a muted debut on Bursa Malaysia on Monday, July 25 in line with the tepid overall market sentiment.

At 9.45am, Hibiscus shares fell eight sen to 54.5 sen with 15.33 million shares done, while its warrants rose 1.5 sen to 14 sen with 33 million units done.

Hibiscus is a special purpose acquisition company. Its public issue of 10 million new shares at 75 sen each made available to the public was oversubscribed 3.8 times.

http://www.theedgemalaysia.com/b ... es-muted-debut.html

owah

Not really sure if the management has relevant experience in E&P asset acquisition, as claimed. Pascal Hos may have some with his Shell experience, but the rest....
These days, hunting for new prospect is not easy. Unless supermajors let go marginal fields, but still small operators have to pay premium.