The current of $0.022 looks  safe and  undervalued  with placement at 10% discount.
I think other BB already collecting before for this placement news.
What happens at GSH ?
 
ballball ( Date: 28-Jan-2013 21:14) Posted:
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http://www.legal500.com/firms/33468/30150
Zaid Ibrahim & Co
Malaysia : Banking and finance
Within Banking and finance, Zaid Ibrahim & Co is a first tier firm,
Zaid Ibrahim & Co is particularly strong in securitisation and project finance matters. The team’s track record includes advising Danajamin Nasional as financial guarantee insurer on a RM400 million financing facility for MRCB Sentral Properties. Chin Sook Kwan has experience in both conventional and Islamic financing transactions, and Lilian Liew is recognised for her structured finance expertise.
Malaysia : Capital markets
Within Capital markets, Zaid Ibrahim & Co is a first tier firm,
Zaid Ibrahim & Co’s Gilbert Gan leads on equity transactions and has advised CIMB Bank on the first Callable Bull/Bear Certificate issuance in South East Asia. The firm also advised Technip on a strategic investment in Bursa Malaysia listed Malaysia Marine and Engineering. Lilian Liew leads on debt issuances.
Malaysia : Corporate and M& A
Within Corporate and M& A, Zaid Ibrahim & Co is a second tier firm,
Zaid Ibrahim & Co has impressive credentials on deals for government–linked companies and multinationals. It advised South Korean giant Honam Petrochemical on its $1.25bn takeover of Titan Chemicals. Gilbert Gan acted for CIMB Bank on its 19% stake acquisition in Malaysia–listed Bank CIMB Niaga. Ang Siak Keng leads the corporate practice at the firm’s Penang office.
Malaysia : Dispute resolution
Within Dispute resolution Other recommended firms
Malaysia : IT and telecoms
Within IT and telecoms, Zaid Ibrahim & Co is a third tier firm,
Zaid Ibrahim & Co’s Sharon Tan Suyin advises IT sector clients on regulatory, procurement and corporate matters.
Malaysia : Islamic finance
Within Islamic finance, Zaid Ibrahim & Co is a first tier firm,
Zaid Ibrahim & Co has advised Sumitomo Mitsui, CIMB and Barclays Capital on Islamic financing transactions. It is particularly active in Singapore–based issuances, and represented CIMB on what was at the time the largest trust certificate issuance in the jurisdiction, and the first such transaction by a government–linked company.
Malaysia : Projects and energy
Within Projects and energy, Zaid Ibrahim & Co is a first tier firm,
Zaid Ibrahim & Co has three partners devoted to projects and energy work, including team head Loh Wei Lian. The firm has recently been active in the renewables sector, with a leading role in drafting the Renewable Energy Act 2011. Toh Beng Suan has advised BHP Billiton on EPC agreements for deepwater oil and gas exploration sites.
Malaysia : Real estate and construction
Within Real estate and construction, Zaid Ibrahim & Co is a first tier firm,
Zaid Ibrahim & Co has extensive real estate experience, having acted for various healthcare companies, REITs and other commercial clients on land acquisitions for industrial and commercial developments. Karin Lim leads the team.
subscription agreement news is really GOOD. Look forward to tomorrow firework??? 
So KKTan, u hv no TP at the moment . U will hold for mid/long term. Right?
tankuku ( Date: 28-Jan-2013 21:19) Posted:
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I think it is worth to hold for the mid to long term. The potential is there for it to move higher since the Dato also invest in it . Must have confident and don't contra in order not to get burn.
Do vest wisely and good luck.
Can u help to recap the story for GSH?
think2profit ( Date: 28-Jan-2013 21:11) Posted:
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The Issue Price represents a discount of approximately 10% to the volume weighted average
price of S$0.022 for trades done on   28 January 2013. 
Same as tranche notes conversion by VCAM, ie. 10% of wt avg price of 5 working days. 
Remember GSH?
teeth53 ( Date: 28-Jan-2013 21:08) Posted:
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  http://info.sgx.com/webcoranncatth.nsf/VwAttachments/Att_5D287643950882BF48257B01001E1D54/$file/IPCO280113.pdf?openelement
 
Board of Directors of Ipco International Limited (the " Co" ) wishes to announce that the Company has entered into a subscription agreement dated 28-Jan-2013 (" Subscription Agreement" ) with the following person (the " Placee" ), whereby the Placee has agreed to subscribe for 350,000,000 new ordinary shares in the capital of the Company (“Placement Shares”) at an issue price of S$0.0198 for each Placement Share (“Issue Price”) to raise approximately S$6,930,000, subject to and upon the terms of the Subscription Agreement (the “Proposed Placement”).
Likely to cross $0.030 by tmr. Do monitor and keep a look out.
Do remain vest and goos luck
likely to move up strongly tomorrow. dato is probably brought after the big boys  have already bot enough of ipco.
Sounds like gd news!
Got to hold on tight to see it bear fruit in the mths/yrs to come
Got to hold on tight to see it bear fruit in the mths/yrs to come
IPCO Should move up soon to TP: $0.100 since it can get former malaysian minister to invest in the company.
FYI  the Placee, Dato’ Mohammed Zaid Ibrahim was a lawyer by training and the founder of Zaid Ibrahim & Co, one of Malaysia’s largest law firms.He was also a former Senator before he became a Minister in the Prime minister’s Department under the premiership of Tun Abdullah Ahmad Badawi. The Placee is well-connected in Malaysia and in the region and the Company can leverage on his extensive connections in the region and his knowledge in the oil and gas industry may help to grow IPCO oil and gas business.
Do remain vest and good luck.
Badawi.
wendel ( Date: 28-Jan-2013 19:55) Posted:
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http://en.wikipedia.org/wiki/Zaid_Ibrahim
wendel ( Date: 28-Jan-2013 19:55) Posted:
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Mahathir?
mlfbac ( Date: 28-Jan-2013 19:42) Posted:
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Kekeke, dun think most of us is bothered about Malaysians buy over Ipco.
More interesting will be when Ipco price rallies and how high how fast can go.... lol
think2profit ( Date: 28-Jan-2013 19:43) Posted:
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getting malaysians to buy over ipco??
mlfbac ( Date: 28-Jan-2013 19:42) Posted:
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not just a former msia MP, but a former  Minister.....    hmmmm....... 
think2profit ( Date: 28-Jan-2013 19:15) Posted:
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wah..now ipco brought in a former malaysia MP to be a substantial shareholder.