Salutica IPO Oversubscribed by 9.98 times



Salutica BerhadSalutica Berhad Initial Public Offering (IPO) received an overwhelming response with its public portion of 19.4 million shares. It was oversubscribed by 9.98 times. The IPO attract 9,647 applications for 212.98 million shares.

Notices of Allotment will be dispatched by post to all successful applicants on or before 18th May 2016. Salutica Berhad is expected to be listed on the ACE Market of Bursa Malaysia on 19th April 2016 under stock name “SALUTE”.

Below are the allotment summary.

Allotment summary for Bumiputera portion

Denomination (unit) No of Application No of Successful Application % Chance Share / Successful Applications
From to
100 900 53 10 18.87 100
1,000 3,900 306 51 16.67 1,000
4,000 5,900 322 57 17.70 2,000
6,000 10,900 844 158 18.72 3,000
11,000 19,900 1,416 280 19.77 5,000
20,000 49,900 1,995 415 20.80 12,000
50,000 99,900 136 30 22.06 25,000
100,000 199,900 100 25 25.00 40,000
200,000 499,900 30 9 30.00 60,000
500,000 999,900 7 3 42.86 90,000
1,000,000 ABOVE 2 1 50.00 120,000
5,211 1,039

Allotment summary for Public portion

Denomination (unit) No of Application No of Successful Application % Chance Share / Successful Applications
From to
100 900 78 10 12.82 100
1,000 3,900 652 41 6.29 1,000
4,000 5,900 486 36 7.41 2,000
6,000 10,900 1,449 120 8.28 3,000
11,000 19,900 2,335 221 9.46 5,000
20,000 49,900 2,614 283 10.83 12,000
50,000 99,900 437 51 11.67 25,000
100,000 199,900 236 30 12.71 40,000
200,000 499,900 72 11 15.28 60,000
500,000 999,900 22 7 31.82 90,000
1,000,000 ABOVE 16 8 50.00 120,000
8,397 818



Details information are available in Bursa Malaysia webpage.


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