MSM Malaysia Holdings IPO Oversubscribed by 34.28 times

15th June, 2011

in Initial Public Offering

MSM

MSM Malaysia Holdings Berhad Initial Public Offering (IPO) received an overwhelming response with its public portion of 28.1 million shares. It was oversubscribed by 34.28 times. The IPO attract 50,496 applications or 496.1 million shares.

The institutional IPO prices was fixed at RM3.50 per share. Accordingly, the final retail price was fixed at RM3.38 per shares, represent 3 percent discount to the institutional price.

7.5 million shares were allocated for Bumiputera category while 7.5 million shares were allocated for Malaysian Public category. Below are the allotment summary for public portion.

Allotment summary for Bumiputera portion

Denomination No of Application No of Successful Application % Chance Share / Successful Applications
From to
100 900 246 108 43.90 100
1000 1900 4,049 524 12.94 1,000
2,000 2,900 995 138 13.87 1,000
3,000 3,900 1,081 160 14.80 1,000
4,000 5,900 1,266 200 15.80 2,000
6,000 10,900 2,950 492 16.68 4,000
11,000 19,900 1,294 231 17.85 6,000
20,000 49,900 993 188 18.93 8,000
50,000 99,900 395 78 19.75 10,000
100,000 499,900 187 38 20.32 15,000
500,000 ABOVE 15 4 26.67 20,000
13,471 2,161

Allotment summary for Public portion

Denomination No of Application No of Successful Application % Chance Share / Successful Applications
From to
100 900 616 107 17.37 100
1000 1900 11,271 426 3.78 1,000
2,000 2,900 4,609 180 3.91 1,000
3,000 3,900 4,325 170 3.93 1,000
4,000 5,900 4,690 193 4.12 2,000
6,000 10,900 9,177 380 4.14 4,000
11,000 19,900 6,802 283 4.16 6,000
20,000 49,900 4,498 230 5.11 8,000
50,000 99,900 1,263 66 5.23 10,000
100,000 499,900 621 38 6.12 15,000
500,000 ABOVE 27 3 11.11 20,000
47,899 2,076

Notices of Allotment will be dispatched by post to all successful applicants on or before 24th June 2011. MSM Malaysia HoldingsĀ is expected to be listed on the Main Market of Bursa Malaysia on 28th June 2011 under stock name “MSM”.

Details information are available in Bursa Malaysia webpage.

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{ 12 comments… read them below or add one }

Vijay June 16, 2011 at 10:47 am

Hi,
Just want to know what is the meaning of Denomination To and From? Is it number of lots or the amount ?
Sorry, new to this and trying to learn.

Thanks.

Reply

1-million-dollar-blog June 16, 2011 at 3:28 pm

Vijay, it means that for the public who apply between the range will get the same allotment.

Reply

share share June 16, 2011 at 10:28 pm

tak kena …. u kena tak ? IPO… i js get refunded from this IPO application… :( haiz

Reply

1-million-dollar-blog June 16, 2011 at 11:09 pm

Wah, so fast! Which bank do you apply? Mine still pending in CIMBClicks.

Reply

SK June 17, 2011 at 9:02 am

I checked, M2U, tak kena as well. No luck.

Reply

I. Aziah June 17, 2011 at 1:14 pm

Got my bank draft already :( ((((

Reply

amad June 17, 2011 at 4:25 pm

how to check kena ke tak kena from m2u website ?

Reply

1-million-dollar-blog June 17, 2011 at 6:48 pm

Me, failed to get also. Looking forward to apply Eversendai & Bumi Armada soon.

ahmad,

To check in M2u go to,

Investment -> eShare -> Status enquiry

Reply

orangulu June 19, 2011 at 4:58 pm

LUCKY FOR ME ,I GOT 2000 UNITS MSM ONLY.YES!YES!YES!
NEXT ROUND BUMI ARMADA……

Reply

1-million-dollar-blog June 19, 2011 at 5:19 pm

orangulu, Congrats. I did’t get this time.

Reply

simpang3 June 20, 2011 at 10:37 am

i knew a guy who so lucky…got 17,000 unit..what is the target price on opening?can easily get if buy on the first day ka?what do u think.

Reply

GBuddy June 24, 2011 at 12:26 am

Hehe i got 2000 as well, eventho apply just slightly higher. Maybe its standard to allocate 2k unit to small2 player, hehe…

Reply

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