Hiap Huat Holdings IPO Oversubscribed by 136.10 times



Hiap Huat Holdings

Hiap Huat Holdings Berhad Initial Public Offering (IPO) received an overwhelming response with its public portion of 5 million shares. It was oversubscribed by 136.10 times. The IPO attract 10,263 applications or 685.5 million shares.

The IPO allocate 5 million shares for Malaysian public. In addition, 130 million shares made available for private placement has been placed out.

Below are the allotment summary.

Allotment summary for Public portion

Denomination No of Application No of Successful Application % Chance Share / Successful Applications
From to
100 200 21 1 4.76 100
300 900 20 3 15.00 300
1,000 1,900 178 6 3.37 1,000
2,000 2,900 108 5 4.63 1,000
3,000 3,900 70 4 5.71 2,000
4,000 5,900 333 20 6.01 2,000
6,000 10,900 645 48 7.44 3,000
11,000 19,900 950 80 8.42 3,000
20,000 49,900 2,440 229 9.39 4,000
50,000 99,900 2,486 250 10.06 5,000
100,000 199,900 2,282 253 11.09 6,000
200,000 499,900 537 65 12.10 7,000
500,000 999,900 136 18 13.24 8,000
1,000,000 ABOVE 57 30 52.63 9,100
10,263 1,012



Notices of Allotment will be dispatched by post to all successful applicants on or before 23rd November 2012. Hiap Huat Holdings is expected to be listed on the ACE Market of Bursa Malaysia on 26th November 2012 under stock name “HHHCORP”.

Details information are available in Bursa Malaysia webpage.


Leave a Comment

  • bryan fang 19th November, 2012, 4:01 pm

    hopefully i can get it.

    Reply
    • 1mdb.com 20th November, 2012, 12:29 am

      Good Luck!. You should be able to see the result soon.

      Reply
  • Muhammad Qamar 23rd December, 2012, 3:01 am

    good information provided,

    Reply