Heng Huat Resources IPO Oversubscribed by 60.25 times



Heng Huat Resources GroupHeng Huat Resources Berhad Initial Public Offering (IPO) received an overwhelming response with its public portion of 7 million shares. It was oversubscribed by 60.25 times. The IPO attract 14,863 applications or 428.7 million shares.

Notices of Allotment will be dispatched by post to all successful applicants on or before 24th July 2014. Heng Huat Resources is expected to be listed on the Main Market of Bursa Malaysia on 25th July 2014 under stock name “HHGROUP”.

Below are the allotment summary.

Allotment summary for Bumiputera portion

Denomination (unit) No of Application No of Successful Application % Chance Share / Successful Applications
From to
100 900 83 11 13.25 100
1,000 1,900 120 2 1.67 1,000
2,000 2,900 109 3 2.75 1,000
3,000 3,900 64 3 4.69 1,000
4,000 5,900 192 10 5.21 1,000
6,000 10,900 1,163 71 6.10 1,000
11,000 19,900 1,344 98 7.29 4,000
20,000 49,900 3,035 275 9.06 6,000
50,000 99,900 568 60 10.56 10,000
100,000 199,900 284 35 12.32 20,000
200,000 499,900 134 20 14.93 30,000
500,000 999,900 30 6 20.00 40,000
1,000,000 ABOVE 4 4 100.00 60,000
7,130 598


Allotment summary for Public portion

Denomination (unit) No of Application No of Successful Application % Chance Share / Successful Applications
From to
100 900 146 10 6.85 100
1,000 1,900 319 5 1.57 1,000
2,000 2,900 305 5 1.64 1,000
3,000 3,900 212 4 1.89 1,000
4,000 5,900 523 10 1.91 1,000
6,000 10,900 1,852 35 1.89 1,000
11,000 19,900 2,695 60 2.23 4,000
20,000 49,900 5,596 150 2.68 6,000
50,000 99,900 1,585 45 2.84 10,000
100,000 199,900 645 24 3.72 20,000
200,000 499,900 210 11 5.24 30,000
500,000 999,900 42 8 19.05 40,000
1,000,000 ABOVE 12 12 100.00 60,000
14,142 379


Details information are available in Bursa Malaysia webpage.


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