Maxis IPO - Book Building, Private Placement, Institutional Tranche Status
* Info below means that the respond for the institutional allocation is highly sought after and CIMB is seeking in more bidders overseas as well. If you guys got it, it will likely to go north :) *
Info: 30/10/09
MAXIS - Institutional tranche now over 2x covered
The institutional tranche is now over 2x covered. Asia 1on1s are being converted and quality in book is increasing. Balance of local vs Int'l demand is now 50/50. The roadshow still has Middle East, London, Europe, and USA to go with over 50x 1on1 meetings. Orders in to book prior to end of week-one (cob today) will be looked upon favorably in allocation process.
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