EITA Resources IPO Oversubscribed by 19.47 times



EITA Resources Berhad Initial Public Offering (IPO) received an overwhelming response with its public portion of 6.5 million shares. It was oversubscribed by 19.47 times. The IPO attract 5,739 applications or 133.0 million shares.

In addition, 17 million shares made available for private placement to identified investors have been placed out.

The IPO allocate 6.5 million shares for public. Of these, 3.25 million shares were allocated for Bumiputera category while 3.25 million shares were allocated for Malaysian Public category.

Below are the allotment summary for public portion.

Allotment summary for Bumiputera portion

Denomination No of Application No of Successful Application % Chance Share / Successful Applications
From to
100 900 35 10 28.57 100
1,000 1,900 152 24 15.79 1,000
2,000 2,900 51 11 21.57 1,000
3,000 3,900 84 22 26.19 1,000
4,000 5,900 71 23 32.39 2,000
6,000 10,900 234 88 37.61 3,000
11,000 19,900 345 152 44.06 4,000
20,000 49,900 608 298 49.01 5,000
50,000 99,900 102 56 54.90 6,000
100,000 199,900 38 24 63.16 8,000
200,000 299,900 32 22 68.75 10,000
300,000 ABOVE 4 3 75.00 12,000
1,756 733


Allotment summary for Public portion

Denomination No of Application No of Successful Application % Chance Share / Successful Applications
From to
100 900 52 10 19.23 100
1,000 1,900 282 29 10.28 1,000
2,000 2,900 161 19 11.80 1,000
3,000 3,900 172 22 12.79 1,000
4,000 5,900 263 34 12.93 2,000
6,000 10,900 658 86 13.07 3,000
11,000 19,900 1,122 158 14.08 4,000
20,000 49,900 1,493 225 15.07 5,000
50,000 99,900 422 85 20.14 6,000
100,000 199,900 170 43 25.29 8,000
200,000 299,900 44 14 31.82 10,000
300,000 999,900 10 5 50.00 12,000
1,000,000 ABOVE 6 3 50.00 14,000
4,855 733



Notices of Allotment will be dispatched by post to all successful applicants on or before 6th April 2012. EITA Resources is expected to be listed on the Main Market of Bursa Malaysia on 9th April 2012 under stock name “EITA”.

Details information are available in Bursa Malaysia webpage.


Leave a Comment

  • Tan 6th April, 2012, 12:18 pm

    Any indicative listing price?

    Reply