HSS Engineers IPO Oversubscribed by 21.71 times



HSS Engineers BerhadHSS Engineers Berhad Initial Public Offering (IPO) received an overwhelming response with its public portion of 15.95 million shares. It was oversubscribed by 21.71 times. The IPO attract 8,737 applications for 362.3 million shares.

Notices of Allotment will be dispatched by post to all successful applicants on or before 8th August 2016. HSS Engineers Berhad is expected to be listed on the ACE Market of Bursa Malaysia on 10th August 2016 under stock name “HSS”.

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 1,000 206 10 4.85 100
1,100 6,000 634 245 38.64 1,000
6,100 11,000 857 340 39.67 2,000
11,100 20,000 653 265 40.58 3,000
20,100 50,000 1,306 541 41.42 4,000
50,100 100,000 1,537 650 42.29 5,000
100,100 200,000 79 35 44.30 7,000
200,100 500,000 55 28 50.91 9,000
500,100 1,000,000 23 515 65.22 15,000
1,000,100 ABOVE 5 4 80.00 30,000
5,355 2,133

Allotment summary for Public portion

Denomination (unit) No of Application No of Successful Application % Chance Share / Successful Applications
From to
100 1,000 354 10 2.82 100
1,100 6,000 773 267 34.54 1,000
6,100 11,000 1,129 403 35.70 2,000
11,100 20,000 1,060 390 36.79 3,000
20,100 50,000 1,405 530 37.72 4,000
50,100 100,000 1,112 431 38.76 5,000
100,100 200,000 204 81 39.71 7,000
200,100 500,000 84 34 40.48 9,000
500,100 1,000,000 36 15 41.67 15,000
1,000,100 ABOVE 19 12 63.16 30,000
6,176 2,173



Details information are available in Bursa Malaysia webpage.


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