Stock Market


Rhone Ma HoldingsRhone Ma Holdings Berhad Initial Public Offering (IPO) received an overwhelming response with its public portion of 8.3 million shares. It was oversubscribed by 22.46 times. The IPO attract 6,784 applications for 194.75 million shares.

Notices of Allotment will be dispatched by post to all successful applicants on or before 16th December 2016. Rhone Ma Holdings Berhad is expected to be listed on the Main Market of Bursa Malaysia on 19th December 2016 under stock name “RHONEMA”.

Below are the allotment summary.

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Rhone Ma HoldingsRhone Ma Holdings Berhad, a company which is involved in end-to-end animal health solution services and supply of food ingredients is scheduled to be listed in Main Market of Bursa Malaysia on the 19th December 2016.

The Initial Public Offering (IPO) consists of 42.122 million new ordinary shares at an IPO price of RM0.75 per share at RM0.50 par value. 26 million shares will be for private placement & selected investors, 8.3 million shares made available for Malaysian Public and the remaining 7.822 million shares made available to the eligible directors and employees of Rhone Ma Holdings Berhad.

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BCM AllianceBCM Alliance Berhad, a distributor of laundry equipment and medical devices is scheduled to be listed in ACE Market of Bursa Malaysia on the 24th October 2016.

The Initial Public Offering (IPO) consists of 84.25 million new ordinary shares and offer for sale 42.125 million shares at an IPO price of RM0.19 per share at RM0.05 par value. 95.375 million shares will be for private placement & selected investors, 22 million shares made available for Malaysian Public and the remaining 9 million shares made available to the eligible directors and employees of BCM Alliance Berhad.

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Perak TransitPerak Transit Berhad, a public transportation services provider is scheduled to be listed in ACE Market of Bursa Malaysia on the 6th October 2016.

The Initial Public Offering (IPO) consists of 245 million new ordinary shares at an IPO price of RM0.15 per share at RM0.10 par value. 187 million shares will be for private placement & selected investors  and the remaining 58 million shares made available for Malaysian Public.

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HSS Engineers BerhadHSS Engineers Berhad Initial Public Offering (IPO) received an overwhelming response with its public portion of 15.95 million shares. It was oversubscribed by 21.71 times. The IPO attract 8,737 applications for 362.3 million shares.

Notices of Allotment will be dispatched by post to all successful applicants on or before 8th August 2016. HSS Engineers Berhad is expected to be listed on the ACE Market of Bursa Malaysia on 10th August 2016 under stock name “HSS”.

Below are the allotment summary.

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