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Maxis Public Listing – Are You Ready For It?

November 13th, 2009 ivan Leave a comment Go to comments

Maxis inclusion in index expected, but weightage smallerMaxis is going to be listed on Kuala Lumpur Stock Exchange (KLSE) very soon on next week (19 Nov 200). Have you got your IPO application status successful? Some, in fact most, forum-ers reported that they have got their IPO application failed. If you applied through Maybank’s ATM, you can check your Maxis IPO application through Maybank2u.

I think most people applied for ten lots only (1000 units). According to Malaysian Issuing House (MIH), the chances of success application is only about 25.04%. So 3 over 4 applicants will fail. You can check the basic of allocation for Maxis IPO at MIH website: http://www.mih.com.my/index.php?page=bs475p

Maxis also will be included into the 30-counter strong FTSE Bursa Malaysia KL Composite Index (FBM KLCI) too on the listing date with a weighting of 2.7%,. Then who will be kicked out? Digi?

Read more about Maxis:

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