Hi, mooers!
$99SMART (5326.MY)$ is expected to officially start trading on Sep 9.
For the balloting in respect of applications received from the Malaysian public, a total of 49,354 applications for
678,585,100 IPO Shares were received, resulting in an overall oversubscription rate of 3.04 times.
How will the market react to the IPO results? Make your guess now!
(Vote will close at 14:30 am M...

Malaysian fresh fruits, including durian, are expected to be exported to China!
Chinese Premier Li Keqiang's visit to Malaysia has brought the good news that Malaysian fresh fruits such as durian can be exported to China!
Li Keqiang arrived in Malaysia last night and began multiple activities today, including witnessing the signing of 14 memorandums and cooperation agreements between China and Malaysia. Of particular interest is the signing of the 'Malaysia Durian Export to China Plant Quarantine Requirements Agreement' between the General Administration of Customs of China and the Malaysian Ministry of Agriculture and Food Safety.
The related signings also confirmed the Senior stockbroker Lu Wen Hao also stated that it is normal to see a certain arbitrage wave in July. However, as the Malaysian Ringgit began to strengthen against the US Dollar, it is believed that more foreign capital will flow into the Malaysian stock market, boosting its performance.Earlier reports. This newspaper reported on the 3rd of this month that Li Qiang is expected to announce during his visit to China this month to celebrate the 50th anniversary of the establishment of diplomatic relations between Malaysia and China, a good news for the durian fruit trade, and a new milestone in the "durian diplomacy" between our country and China.
Today, Prime Minister Datuk Seri Anwar and Li Qiang jointly witnessed the exchange of the agreement between Chinese Ambassador to Malaysia Ouyang Yujing and Malaysian Minister of Agriculture and Food Security, Datuk Seri Mohamad Sabu, at the Prime Minister's Office.
The agreement specifies the preventive measures to be taken by the orchards and packaging plants intending to export fresh durians to China, while elucidating the role of the Ministry of Agriculture and Food Security in plant quarantine.
The agreement signed between Malaysia and China grants Malaysia the right to export fresh durians to China under the conditions specified in the protocol, authorized by the General Administration of Customs of China (GACC).
Among the other departments participating in the signing and exchange of memorandums include the Department of Investment, Trade and Industry, Ministry of Finance, Ministry of Housing and Local Government, Ministry of Home Affairs, Ministry of Science, Technology and Innovation, Ministry of Higher Education...