VC-backed companies
When considering an investment in a "MESDAQ" company, we do need to count on the presence of a VC. Of cource, we need to have a deeper understanding of the roles and objectives of VCs, and how these vary from one VC to another as different VC has different vision .
OSK Ventures International Bhd (OSKVI) is one of the most famous VC company in Malaysia with portfolio of about 20 companies. MTouche and Green Packet are backed by OSKVI where their performances have been very outstanding since their IPO. May be we can pay attention to future IPOs which involved by OSKVI.
My previous company got funds form Maybank VC. However, there were no guidance from their site and certainly does not match their objective: "Help improve the quality of the investee company's management". So far they are only 1 or 2 listed company (With poor performance) actually funded by Maybank VC.
So my perception is, the quality of a company sometimes do effected by their VC involvement (Good or Bad).
Example of VC Factor:
ISS Consulting Solutions Bhd, a software solutions provider that was listed on Aug 2. One of the substantial shareholders, Malaysia Venture Capital Management Bhd (Mavcap), sold almost 16 million ISS Consulting shares within the first three days, slashing its stake from 16.6% to 9.3%.
ISS Consulting ended its maiden trading day at 32 sen, well below its offer price of 41 sen. The stock closed at 21.5 sen last Thursday.
OSK Ventures International Bhd (OSKVI) is one of the most famous VC company in Malaysia with portfolio of about 20 companies. MTouche and Green Packet are backed by OSKVI where their performances have been very outstanding since their IPO. May be we can pay attention to future IPOs which involved by OSKVI.
My previous company got funds form Maybank VC. However, there were no guidance from their site and certainly does not match their objective: "Help improve the quality of the investee company's management". So far they are only 1 or 2 listed company (With poor performance) actually funded by Maybank VC.
So my perception is, the quality of a company sometimes do effected by their VC involvement (Good or Bad).
Example of VC Factor:
ISS Consulting Solutions Bhd, a software solutions provider that was listed on Aug 2. One of the substantial shareholders, Malaysia Venture Capital Management Bhd (Mavcap), sold almost 16 million ISS Consulting shares within the first three days, slashing its stake from 16.6% to 9.3%.
ISS Consulting ended its maiden trading day at 32 sen, well below its offer price of 41 sen. The stock closed at 21.5 sen last Thursday.
2 Comments:
At 5:02 PM,
Anonymous said…
Mahai. I got the IPO and now the bloody share is lingering around 22.5 cents.. and no signs of it increasing. Cibet MAVCAP.. :(
At 11:12 AM,
Ho Sang said…
Well, what has been done is done. Better let go and aim for a better one. :)
I din get the IPO of Kencana Petroleum. Damn it. It increased 110%.
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