What do you think of this buy ? It’s advertised all over the place, you can see banners, on the tv, hear it on the radio it’s all over.

I was told by many this will be a long term investment, maybe around 6 months to 2 years. I was told that I could make a profit of maybe around 20% of my investment.

It will not be like the IOC buy but it will be a sound investment.

Planned Dialog TeleKom IPO: 9.3% of the issued share capital , 690m shares of par value of Rs 1/=each , issue price between Rs. 8-12 on a book building basis

The Prospectus will be available 25/06/2005 onwards & Issue opens on 07/07/2005.

The Initial Public Offering of Dialog Telekom Limited consists of 712,336,293 ordinary shares of par value of Rs. 1/- each.

The offer for sale is an offering of 422,262,311 existing ordinary shares by Telekom Malaysia International Ltd. and the offer for subscription consists of an offering of 290,073,982 new ordinary shares by the company.

The share offer price will be determined through a book-building basis within a range of Rs. 8.00 and Rs. 12.00 and the issue opens July 7, 2005.

Proceeds from the Dialog share issue will be in the range of US$ 5.69 million and US$ 8.54 million. Proceeds from the offer for subscription will be used to fund future network expansion.

The shares will be allocated 25% to qualified local instituitional investors, 35% to other local investors including retailers and 40% to foreign investors.