Malakoff Corporation IPO Oversubscribed by 1.24 times



Malakoff Corporation BerhadMalakoff Corporation Berhad Initial Public Offering (IPO) received an overwhelming response with its public portion of 150 million shares. It was oversubscribed by 1.24  times. The IPO attract 21,880 applications for 335.3 million shares. On the other hand, the 1.28 billions shares allocated to institutional investors oversubscribed by 13 times.

The Institutional Price was fixed at RM1.80 per Offer Share. Accordingly, the Final IPO Price for the Retail Offering is fixed at RM1.80 per Offer Share as set out in the prospectus. As such there is no refund to be made to successful retail applicants.

Below are the allotment summary.

Allotment summary for Bumiputera portion

Denomination No of Application No of Successful Application % Chance Share / Successful Applications
From to
100 200 112 40 35.71 100
300 900 116 50 43.10 300
1,000 1,900 574 300 52.26 1,000
2,000 2,900 421 225 53.44 2,000
3,000 3,900 448 245 54.69 3,000
4,000 5,900 1,031 569 55.19 4,000
6,000 10,900 1,754 990 56.44 6,000
11,000 19,900 1,110 800 72.07 11,000
20,000 49,900 1,474 1,100 74.63 20,000
50,000 99,900 356 308 86.52 50,000
100,000 199,900 158 143 90.51 100,000
200,000 499,900 36 34 94.44 120,000
500,000 ABOVE 5 5 100.00 140,000
7,595 4,809


Allotment summary for Public portion

Denomination No of Application No of Successful Application % Chance Share / Successful Applications
From to
100 200 123 25 20.33 100
300 900 151 35 23.18 300
1,000 1,900 1,657 399 24.08 1,000
2,000 2,900 1,177 300 25.49 2,000
3,000 3,900 1,152 300 26.04 3,000
4,000 5,900 1,667 454 27.23 4,000
6,000 10,900 3,646 1,050 28.80 6,000
11,000 19,900 3,193 952 29.82 11,000
20,000 49,900 2,820 850 30.14 20,000
50,000 99,900 682 250 36.66 50,000
100,000 199,900 298 140 46.98 100,000
200,000 499,900 88 51 57.95 120,000
500,000 999,900 19 16 84.21 140,000
1,000,000 ABOVE 12 12 100.00 220,000
16,685 4,834



Notices of Allotment will be dispatched by post to all successful applicants on or before 14th May 2015. Malakoff  Corporation is expected to be listed on the Main Market of Bursa Malaysia on 15th 2015 under stock name “MALAKOF (5246)”.

Details information are available in Bursa Malaysia webpage.


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