Inari IPO Oversubscribed by 10.42 times



Inari Berhad

Inari Berhad Initial Public Offering (IPO) received an overwhelming response with its public portion of 10 million shares. It was oversubscribed by 10.42 times. The IPO attract 6,308 applications or 114.2 million shares.

The new 62.6 million shares allocated for private placement were successfully being placed out. On top of that, 10.4 million new shares make available under pink form have been fully subscribed.

For retail public portion, 5 million shares were allocated for Bumiputera category while 5 million shares were allocated for Malaysian Public category.

Below are the allotment summary for retail public portion.

Allotment summary for Bumiputera portion

Denomination No of Application No of Successful Application % Chance Share / Successful Applications
From to
100 900 42 20 47.62 100
1000 1900 311 132 42.44 1,000
2,000 2,900 86 37 43.02 2,000
3,000 3,900 93 41 44.09 3,000
4,000 5,900 183 83 45.36 4,000
6,000 10,900 477 221 46.33 5,000
11,000 19,900 336 159 47.32 6,000
20,000 49,900 325 153 47.08 8,000
50,000 99,900 122 58 47.54 10,000
100,000 199,900 56 27 48.21 12,000
200,000 ABOVE 19 10 52.63 15,000
2,050 941

Allotment summary for Public portion

Denomination No of Application No of Successful Application % Chance Share / Successful Applications
From to
100 900 52 10 19.23 100
1000 1900 398 57 14.32 1,000
2,000 2,900 200 30 15.00 2,000
3,000 3,900 273 44 16.12 3,000
4,000 5,900 375 60 16.00 4,000
6,000 10,900 1,054 175 16.60 5,000
11,000 19,900 1,167 195 16.71 6,000
20,000 49,900 1,251 205 16.39 8,000
50,000 99,900 240 42 17.50 10,000
100,000 199,900 110 20 18.18 12,000
200,000 ABOVE 54 11 20.37 15,000
5,174 849

Notices of Allotment will be dispatched by post to all successful applicants on or before 18th July 2011. Inari is expected to be listed on the ACE Market of Bursa Malaysia on 19th July 2011 under stock name “INARI”.

Details information are available in Bursa Malaysia webpage.


Leave a Comment

  • johnkabo 11th July, 2011, 5:11 pm

    m2u still no update yet…sigh

    Reply
  • 1mdb.com 11th July, 2011, 5:32 pm

    You will only see it after 1 to 2 working days.

    Reply
  • johnkabo 11th July, 2011, 5:37 pm

    then how to check the application status faster? any suggestion

    Reply