Maxis

...Online, you will be able to: SINGAPORE -- Asian stock markets were mixed in quiet trade Thursday with Malaysian mobile operator Maxis rising on its debut after Southeast Asia's biggest ever initial public offering of $3.3 billion. "It...

In this article: Asia, Mitsubishi UFJ Financial Group, Taiwan, New York, Singapore, Futures contract, and Platinum

Malaysia's Maxis in S.E.Asia's biggest IPO AFP - A Malaysian woman talks on a mobile phone at a Maxis exhibition booth in Kuala Lumpur on November 19. … by Beh Lih Yi Beh Lih Yi - Thu Nov 19, 1:14 am ET KUALA LUMPUR (AFP) - Malaysia's...

In this article: Maxis Communications, Malaysia, Ananda Krishnan, Saudi Telecom, Southeast Asia, Kuala Lumpur, and Tanjong

...was at the higher end of analysts' forecast of between 5 percent and 10 percent above the IPO price. Maxis said earlier this month it raised 11.2 billion ringgit ($3.3 billion) in the sale of 2.25 billion shares, representing 30 percent...

In this article: Malaysia, Ananda Krishnan, Maxis Berhad, Najib Razak, Southeast Asia, Kuala Lumpur, Indonesia, and India

...IPO in Asia-Pacific since 2000," said Second Finance Minister Ahmad Husni Hanadzlah. Ahmad Husni said that at 5.00 ringgit per share, Maxis' market capitalisation stands at 37.5 billion ringgit (11.1 billion US dollars), expanding the...

In this article: Maxis Communications, Ananda Krishnan, Saudi Telecom, Southeast Asia, Malaysia, Indonesia, and India

...in Malaysia. The main appeal of the stock, he says, is the promise of a hefty dividend. Maxis officials have said they intend to pay out 75% of the company's net profits as dividends, partly to support the expansion of the parent...

In this article: Malaysia, Maxis Communications Bhd, Najib Razak, Kuala Lumpur, and All rights reserved

...at a price which we think makes sense on a valuation perspective, taking into consideration Maxis' future earnings growth and at what rate Maxis will grow." The IPO, comprising an institutional tranche of 2.0 billion shares, more than 90...

In this article: Malaysia, Ananda Krishnan, Maxis Communications Bhd, Southeast Asia, Najib Razak, India, Revenue, and Nomura

...profits. "The market is very volatile. It is not a sure bet. But the sentiment is strong for Maxis," he said. The listing includes only Maxis' Malaysian mobile business and excludes its ventures in India and Indonesia which remain...

In this article: Malaysia, Ananda Krishnan, Maxis Communications, Saudi Telecom, Tanjong, Forbes magazine, and Indonesia