Pestech International IPO Oversubscribed by 10.47 times



Pestech

Pestech International Berhad Initial Public Offering (IPO) received an overwhelming response with its public portion of 6.0 million shares. It was oversubscribed by 10.47 times. The IPO attract 5,650 applications or 68.8 million shares.

In addition, 3.6 million shares made available for private placement to identified investors have been placed out.

The IPO allocate 6.0 million shares for public. Of these, 3.0 million shares were allocated for Bumiputera category while 3.0 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
100 200 29 1 3.45 100
300 900 22 3 13.64 300
1,000 1,900 259 59 22.78 1,000
2,000 2,900 154 36 23.38 2,000
3,000 3,900 73 18 24.66 3,000
4,000 5,900 202 52 25.74 3,000
6,000 10,900 1,209 323 26.72 4,000
11,000 19,900 410 114 27.80 5,000
20,000 49,900 206 59 28.64 6,000
50,000 99,900 77 43 55.84 7,000
100,000 199,900 18 12 66.67 8,000
200,000 499,900 5 5 100 9,000
2,664 725


Allotment summary for Public portion

Denomination No of Application No of Successful Application % Chance Share / Successful Applications
From to
100 200 49 1 2.04 100
300 900 39 3 7.69 300
1,000 1,900 352 34 9.66 1,000
2,000 2,900 220 24 10.91 2,000
3,000 3,900 180 21 11.67 3,000
4,000 5,900 310 40 12.90 3,000
6,000 10,900 1,347 184 13.66 4,000
11,000 19,900 1,294 190 14.68 5,000
20,000 49,900 771 120 15.56 6,000
50,000 99,900 161 27 16.77 7,000
100,000 199,900 45 10 22.22 8,000
200,000 499,900 2 2 100 9,000
500,000 999,900 3 3 100 10,000
1,000,000 ABOVE 1 1 100 11,000
4,774 660



Notices of Allotment will be dispatched by post to all successful applicants on or before 28th May 2012. Pestech International is expected to be listed on the Main Market of Bursa Malaysia on 30th May 2012 under stock name “PESTECH”.

Details information are available in Bursa Malaysia webpage.


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