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Creditable debut for Parade

PARADE Season Bhd made its debut on the KLSE second board yesterday, closing 20 sen higher than its initial public offer (IPO) price of RM1.20.

KNM hopes to raise RM21mil from listing

KNM Group Bhd hopes to raise RM21mil from its initial public offering (IPO) in conjunction with its proposed listing on the KLSE second board, according to managing director Lee Swee Eng.

Orisoft enjoys active trade to gain 2 sen on debut

ORISOFT Technology Bhd saw active trading of its stock on debut on the KLSE#039;s Mesdaq market yesterday, with 7.18 million shares changing hands.

Mixed showing by new listings

It has been a mixed bag of performances by the newly listed companies on the KLSE for the year so far, with some bringing great cheer to their shareholders and others struggling in lacklustre mode.

Singapore IPO market thriving

Singapore was the world#8217;s fastest growing initial public offering (IPO) market in the first five months this year, data from Thomson Financial show, and bankers expect even busier times ahead as the pall cast by the Severe Acute Respiratory Syndrome (SARS) outbreak lifts.

Dazhong plans to sell its stake in Allianz JV

China#8217;s Dazhong Insu-rance aims to sell its stake in a mainland venture with Germany#8217;s Allianz, trying to enhance its financial health before going for a public listing, a Dazhong executive said on Monday.

Singapore business news in brief

News in brief on Roly International and YHI International.

Zara reigns in Spain

Zara doesn#8217;t advertise its clothes #8211; it doesn#8217;t have to. Word of mouth alone has made its Spanish owner a billionaire. CAROLINE ROUX reports.

BLD to build palm oil refinery in Bintulu

BLD Plantation Bhd, which is en route to a listing on the KLSE main board, will build a palm oil refinery in Bintulu, Sarawak.

Orisoft's 1.5 million IPO shares oversubscribed by four times

THE 1.5 million shares in the public portion of KLSE Mesdaq bound Orisoft Technology Bhd's initial public offer has been oversubscribed by four times.