Stock Market


Dancomech HoldingsDancomech Holdings Berhad Initial Public Offering (IPO) received an overwhelming response with its public portion of 7.5 million shares. It was oversubscribed by 26.84 times. The IPO attract 8,603 applications for 208.8 million shares. 0.76 million new shares initially reserve to the Bumiputera investors under MITI, were made available to Malaysian Bumiputera.

Notices of Allotment will be dispatched by post to all successful applicants on or before 20th July 2016. Dancomech Holdings Berhad is expected to be listed on the Main Market of Bursa Malaysia on 21st July 2016 under stock name “DANCO”.

Below are the allotment summary.

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HSS Engineers BerhadHSS Engineers Berhad, an engineering and project management services provider is scheduled to be listed in ACE Market of Bursa Malaysia on the 10th August 2016.

The Initial Public Offering (IPO) consists of 63.8 million new ordinary shares and offer for sale of 31.9 millions existing shares at an IPO price of RM0.50 per share at RM0.10 par value. 71.79 million shares will be for private placement & selected investors, 15.95 million shares to the Malaysian public and the remaining 7.98 million shares made available for eligible directors, employees and business associates/persons who have contributed to the success of HSS Engineers Group.

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Dancomech HoldingsDancomech Holdings Berhad, a process control equipment and measurements instruments company is scheduled to be listed in Main Market of Bursa Malaysia on the 21st July 2016.

The Initial Public Offering (IPO) consists of 24 million new ordinary shares and offer for sale of 16 millions existing shares at an IPO price of RM0.75 per share at RM0.40 par value. 30 million shares will be for private placement & selected investors, 7.5 million shares to the Malaysian public and the remaining 2.5 million shares made available for eligible directors, employees and person who have contributed to the success of Dancomech Holdings Group.

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Salutica BerhadSalutica Berhad Initial Public Offering (IPO) received an overwhelming response with its public portion of 19.4 million shares. It was oversubscribed by 9.98 times. The IPO attract 9,647 applications for 212.98 million shares.

Notices of Allotment will be dispatched by post to all successful applicants on or before 18th May 2016. Salutica Berhad is expected to be listed on the ACE Market of Bursa Malaysia on 19th April 2016 under stock name “SALUTE”.

Below are the allotment summary.

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LKL International BerhadLKL International Berhad Initial Public Offering (IPO) received an overwhelming response with its public portion of 8 million shares. It was oversubscribed by 92.84 times. The IPO attract 12,642 applications for 750.7 million shares. 9.32 million new shares initially reserve to the Bumiputera investors under MITI, were made available to Malaysian Bumiputera.

Notices of Allotment will be dispatched by post to all successful applicants on or before 13th May 2016. LKL International Berhad is expected to be listed on the ACE Market of Bursa Malaysia on 19th April 2016 under stock name “LKL”.

Below are the allotment summary.

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