Sunway Construction IPO Oversubscribed by 2.66 times



Sunway Construction Group BerhadSunway Construction Berhad Initial Public Offering (IPO) received an overwhelming response with its public portion of 51.7 million shares. It was oversubscribed by 2.66  times. The IPO attract 12,713 applications for 189.2 million shares. On the other hand, the 327.6 millions shares allocated to institutional investors oversubscribed by 4.6 times.

The Institutional Price was fixed at RM1.20 per Offer Share. Accordingly, the Final IPO Price for the Retail Offering is fixed at RM1.20 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 51 6 11.76 100
300 900 44 8 18.18 300
1,000 1,900 160 52 32.50 1,000
2,000 2,900 110 37 33.64 2,000
3,000 3,900 238 81 34.03 3,000
4,000 5,900 425 149 35.06 4,000
6,000 10,900 902 330 36.59 6,000
11,000 19,900 2,072 780 37.64 10,000
20,000 49,900 750 300 40.00 20,000
50,000 99,900 126 80 63.49 50,000
100,000 199,900 65 51 78.46 60,000
200,000 499,900 34 27 79.41 70,000
500,000 ABOVE 2 2 100.00 80,000
4,979 1,903

Allotment summary for Public portion

Denomination No of Application No of Successful Application % Chance Share / Successful Applications
From to
100 200 100 7 7.00 100
300 900 140 11 7.86 300
1,000 1,900 670 80 11.94 1,000
2,000 2,900 488 60 12.30 2,000
3,000 3,900 527 70 13.28 3,000
4,000 5,900 1,062 151 14.22 4,000
6,000 10,900 2,244 350 15.60 6,000
11,000 19,900 2,941 480 16.32 10,000
20,000 49,900 1,897 331 17.75 20,000
50,000 99,900 335 99 29.55 50,000
100,000 199,900 143 58 40.56 60,000
200,000 499,900 44 23 52.27 70,000
500,000 ABOVE 20 16 80.00 80,000
10,611 1,736



Notices of Allotment will be dispatched by post to all successful applicants on or before 27th July 2015. Sunway Construction is expected to be listed on the Main Market of Bursa Malaysia on 28th July 2015 under stock name “SUNCON”.

Details information are available in Bursa Malaysia webpage.


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