ManagePay Systems Berhad Initial Public Offering (IPO) received an overwhelming response with its Malaysian public portion of 9.15 million shares. It was oversubscribed by 46.04 times. The IPO attract 6,858 applications or 430.50 million shares.
All the 32.9 million of new shares made available for private placement to identified investors have been placed out.
Below are the allotment summary
|Denomination||No of Application||No of Successful Application||% Chance||Share / Successful Applications|
Notices of Allotment will be dispatched by post to all successful applicants on or before 11th March 2011. ManagePay Systems Berhad is expected to be listed on the ACE Market of Bursa Malaysia on 15th March 2011 under stock name “MPAY”.
Details information are available in Bursa Malaysia webpage.