Explore the exciting MKH Oil Palm IPO, offering a chance to invest in a sustainable palm oil company in East Kalimantan. Sign up for a Direct CDS Account and secure your IPO application today. Are you looking for a promising investment opportunity in the palm oil industry? Look no further than the upcoming MKH Oil Palm IPO! This East Kalimantan-based company is set to go public, offering investors a unique chance to be part of its growth journey. MKH Oil Palm is a well-established player in the palm oil sector, boasting extensive plantation lands and a state-of-the-art palm oil mill in East Kalimantan. With a strong commitment to sustainability and responsible practices, the company has garnered a reputation for producing high-quality palm oil while minimizing its environmental impact. The IPO promises to be a game-changer for MKH Oil Palm, as it aims to raise RM136.4 million through the issuance of new ordinary shares and an offer for sale of existing shares. The funds raised will be utilized for strategic initiatives, including land acquisition, the establishment of a palm kernel crushing facility, capital expenditures, loan repayments, and working capital needs. One of the key highlights of the IPO is the company's plans to acquire additional land for oil palm plantations within the East Kalimantan province. This move will not only expand their operations but also contribute to the region's economic development and job creation. To participate in this exciting IPO opportunity, it is crucial for investors to sign up for a Direct CDS Account. This account will allow you to directly subscribe to the IPO and become a shareholder in MKH Oil Palm.
Apply IPO with your Nominee CDS account? Answer: NO, you cannot. The reason why you cannot apply Malaysia IPO using Nominee CDS Account, read this blog post. To sign up for a 15-Digit Direct CDS Account Number to apply IPO, 1. Download M+ Global app 2. Sign up online 3. Choose the Malaysia Market 4. Enter my Invitation Code, which is UBZQ 5. Pay RM11 to register a Bursa Direct CDS number. 6. Wait for the email confirmation
1 Comment
Ong Kian Hin
7/4/2024 11:05:32
Hi. Is this an invitation to the public to apply for MKH Oil Palm shares under the private placement category?
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