THOSE are mere after thoughts now, when one considers the core reasons why the larger and reputable funds, aren't even interested in reading the info memo of the prospectus.
ON private equities moving into place to replace a share sale exercise, bankers say, the word on the grapevine is everything is possible but for now there is no replacement plan.
THE 1Doc International Bhd, IPO looked problematic and deeply concerning that there were no banker, underwriter or even an angel investor , brave enough to underwrite 238,980,000 shares being offered to institutional funds and Bumiputra Investors.
THERE is apparently, a reason merchant bankers have decided to take a cold shower .
IT has very minimal business, on the normal risk assiciated with an initial sale. Rather the decision to abstain, has it's roots in shocker ; Criminal Minds and acts by as many as three board members of 1 Doc International Bhd.
TO BE Continued....
