Gabungan AQRS Berhad Initial Public Offering (IPO) received a fair response with its public portion of 18 million shares. It was oversubscribed by 0.51 times. The IPO attract 3,454 applications or 27.2 million shares.
Out of 18 million shares made available to the public, 9 million shares were allocated for each Bumiputera and Malaysian Public category.
Below are the allotment summary.
Allotment summary for Bumiputera portion
For the Bumiputera portion, a total of 1,092 applicants for 7.3 million shares were received out of 9 million shares available. This represent a subscription rate of 80.98 percent. As such, all applicants under Bumiputera category received the number of shares that they applied.
The remaining unsubscribed shares, were made available to Public category.
Allotment summary for Public portion
|Denomination||No of Application||No of Successful Application||% Chance||Share / Successful Applications|
Notices of Allotment will be dispatched by post to all successful applicants on or before 26th July 2012. Gabungan AQRS is expected to be listed on the Main Market of Bursa Malaysia on 31st July 2012.
Details information are available in Bursa Malaysia webpage.