Ideal Jacobs IPO Oversubscribed by 315.17 times



IJACOBS

Ideal Jacobs (Malaysia) Corporation Berhad Initial Public Offering (IPO) received an overwhelming response with its Malaysian public portion of 2 million shares. It was oversubscribed by 315.17 times.

The IPO attract 12,482 applications or 632.3 million shares with the value of RM170.7 million. The new 28 million shares made available for private placement have been fully placed by placement agent.

Below are the allotment summary

Denomination No of Application No of Successful Application % Chance Share / Successful Applications
From to
100 900 75 10 13.33 100
1000 1900 620 83 13.39 1,000
2,000 2,900 308 42 13.64 1,000
3,000 3,900 210 29 13.81 1,000
4,000 5,900 541 75 13.86 1,000
6,000 10,900 1,303 183 14.04 1,000
11,000 19,900 1,581 223 14.10 1,000
20,000 49,900 3,732 530 14.20 1,000
50,000 99,900 1,824 275 15,08 1,000
100,000 199,900 1,447 219 15.13 1,000
200,000 399,900 653 99 15.16 2,000
400,000 999,900 150 25 16.67 4,000
1,000,000 ABOVE 38 7 18.42 6,000
12,482 1,800


Notices of Allotment will be dispatched by post to all successful applicants on or before 16th May 2011.

Ideal Jacobs (Malaysia) Corporation Berhad is expected to be listed on the ACE Market of Bursa Malaysia on 18th May 2011 under stock name “IJACOBS”. Details information are available in Bursa Malaysia webpage.


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