THE LATEST FROM GAS MALAYSIA
 
 
Latest News
 
2011
Nov 4th
 
 
  The Star Online
Gas Malaysia gets nod for Bursa listing

PETALING JAYA: Bursa Malaysia Securities Bhd has approved the admission to the official list and the listing and quotation of all the issued and paid-up shares of Gas Malaysia Bhd (GMB).

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Nov 3rd
 
 
  PROPOSED LISTING OF GAS MALAYSIA BERHAD ("GMB") ON THE MAIN MARKET OF BURSA MALAYSIA SECURITIES BERHAD ("BURSA SECURITIES") ("PROPOSED LISTING") 

We refer to the announcements dated 16 August 2011, 23 August 2011, 28 September 2011, 5 October 2011, 10 October 2011 and 19 October 2011 in relation to the Proposed Listing.

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Nov 1st
 
 
  Biz Edge
Gas Malaysia on track for 4Q listing, says MMC

KUALA LUMPUR: MMC Corp Bhd is on track to list its subsidiary Gas Malaysia Bhd by December despite market volatility and global economic uncertainty dampening investor sentiment. 

MMC finance director Anwar Syahrin Ajib told reporters yesterday that the group is still sticking to its year-end target to list Gas Malaysia though the deal is dependent on fulfilling certain conditions imposed by the Securities Commission (SC) and wider market conditions.

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Nov 1st
 
 
  Bernama
MMC shareholders' nod for Gas Malaysia listing

MMC Corp Bhd's shareholders approved the proposed listing of Gas Malaysia Bhd on the Main Market of Bursa Malaysia Securities Bhd at its extraordinary general meeting (EGM) yesterday.

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Oct 31st
 
 
  MMC EXTRAORDINARY GENERAL MEETING APPROVES LISTING OF GAS MALAYSIA

MMC Corporation Berhad (MMC) today announced that the Extraordinary General Meeting (EGM) of shareholders, which was held today, voted to approve the proposed  listing of Gas Malaysia Berhad  (Gas Malaysia)  on the Main Market of Bursa Malaysia Securities Berhad. MMC-Shapadu Holdings Sdn Bhd,  which is a 76% subsidiary of MMC via Anglo-Oriental (Annuities) Sdn Bhd, holds  55% equity stake in Gas Malaysia.  Upon completion of this proposed listing, MMC’s effective equity interest in Gas Malaysia will be diluted to 30.93% from 41.80% currently.

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Oct 20th
 
 
  The Star
MMC gets go-ahead to list subsidiary

PETALING JAYA: Prime Minister Datuk Seri Najib Tun Razak has given his consent to MMC Corp Bhd’s proposed listing of its subsidiary Gas Malaysia Berhad (GMB) on Bursa Malaysia’s Main Market.

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Sep 15th
 
 
  The Star
Gas Malaysia plans 334 million shares in initial public offer
PETALING JAYA: MMC Corp Bhd’s subsidiary Gas Malaysia Bhd (GMB) is offering 333.84 million ordinary shares of 50 sen each in its initial public offering (IPO).
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Sep 14th
 
 
  Malaysia Reserve
PetGas: Listing of Gas Malaysia
Petronas Gas Bhd (Sept 13, RMI3.30) Maintain buy at RM13.50 with target price of RM 14.40: Gas Malaysia (GM) has published its draft prospectus on the Securities Commission website for 15 working days. It is expected that GM will be listed on Bursa this December
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Sep 14th
 
 
  Malaysia Reserve
Windfall expected for PGas with Gas M’sia flotation
Investment Highlights
GAS Malaysia Bhd (GM) has published its draft prospectus on the Securities Commission's website and it is expected that GM will be listed on Bursa in December 2011.
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Sep 12th
 
 
  Malaysia Reserve
Gas Malaysia IPO set at RM2.20/share
GAS Malaysia Sdn Bhd shares will be sold at an indicative offer price of RM220 a share to prospective investors, according to people aware of the matter.
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Sep 12th
 
 
  Berita Harian
Gas Malaysia bakal bayar dividen besar
Pemegang saham Gas Malaysia Bhd bakal menikmati pulangan lumayan kerana pengedar dan peruncit gas asli terbesar Malaysia itu bakal mengagihkan 100 peratus keuntungan bersihnya sebagai dividen pada tahun pertama penyenaraiannya di Pasaran Utama Bursa Malaysia yang dijadualkan Disember ini.
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Sep 12th
 
 
  Business Times
Gas Malaysia guarantees dividends for first 2 years
KUALA LUMPUR: Gas Malaysia Bhd will pay a guaranteed dividend of 100 per cent and 75 per cent in the first two years...
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Aug 18th
 
 
  The Star
Big debut for Gas Malaysia
MMC unit could raise up to RM750m in what may be one of the biggest IPOs.
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Aug 18th
 
 
  Bernama
MMC fair value rise rides on Gas Malaysia
OSK Research says Malaysia Mining Corporation’s (MMC) fair value will be raised only if the initial public offering (IPO) price of its subsidiary Gas Malaysia exceeds RMI.06 during the book-building exercise.
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Aug 18th
 
 
  Business Times
MMC’s Gas M’sia IPO tipped to raise RM750m
MALAYSIAN builder MMC will raise up to RM750 million (S$303.5 million), or about RM2.25 per share, from the listing of its unit Gas Malaysia on the Kuala Lumpur stock exchange...
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Aug 17th
 
 
  Berita Harian
Gas Malaysia tawar IPO 333.84 juta - Penyenaraian sebahagian rancangan jangka panjang MMC
MMC Corp Bhd, syarikat yang dikuasai usahawan Tan Sri Syed Mokhtar Al-Bukhary, mengumumkan penyenaraian anak syarikatnya, Gas Malaysia Sdn Bhd bakal membabitkan tawaran permulaan awarn (IPO) berjumlah 333.84 juta saham.
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Aug 17th
 
 
  The Star
MMC, shareholders plan to list Gas Malaysia in Q4
PETALING JAYA: MMC Corp Bhd, together with the other shareholders of Gas Malaysia Sdn Bhd, have proposed to list the latter in an exercise that is expected to be completed by the fourth quarter of this year.

MMC-Shahpadu (Holdings) Sdn Bhd has a 55% stake in Gas Malaysia, Tokyo Gas-Mitsui & Co (Holdings) Sdn Bhd has 25% and Petronas Gas Bhd 20%
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Aug 17th
 
 
  The Edge
MMC to list Gas Malaysia
KUALA LUMPUR: MMC Corp Bhd will list its subsidiary Gas Malaysia Sdn Bhd (GMSB) on Bursa Malaysia's main board.

In a filing with Bursa Malaysia, MMC said the listing would accelerate the growth of the gas supply and distribution business of the GMSB group
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