ACE Market


HSS Engineers BerhadHSS Engineers Berhad, an engineering and project management services provider is scheduled to be listed in ACE Market of Bursa Malaysia on the 10th August 2016.

The Initial Public Offering (IPO) consists of 63.8 million new ordinary shares and offer for sale of 31.9 millions existing shares at an IPO price of RM0.50 per share at RM0.10 par value. 71.79 million shares will be for private placement & selected investors, 15.95 million shares to the Malaysian public and the remaining 7.98 million shares made available for eligible directors, employees and business associates/persons who have contributed to the success of HSS Engineers Group.

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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.

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Salutica BerhadSalutica Berhad, an original design manufacturer of electronic components is scheduled to be listed in ACE Market of Bursa Malaysia on the 18th May 2016.

The Initial Public Offering (IPO) consists of 78 million new ordinary shares and offer for sale of 23 millions shares at an IPO price of RM0.80 per share at RM0.10 par value. 71.80 million shares will be for private placement & selected investors, 19.4 million shares to the Malaysian public and the remaining 9.7 million shares made available for eligible directors, employees and person who have contributed to the success of Salutica Group.

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LKL International BerhadLKL International Berhad, a company involved in the provision of medical/healthcare beds, peripherals and accessories is scheduled to be listed in ACE Market of Bursa Malaysia on the 16th May 2016.

The Initial Public Offering (IPO) consists of 113 million new ordinary shares at an IPO price of RM0.20 per share at RM0.10 par value. 49.6 million shares will be for private placement & selected investors, 8 million shares to the Malaysian public and the remaining 13.2 million shares made available for eligible directors, employees and persons who contributed to the group.

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Kim Teck Cheong ConsolidatedKim Teck Cheong Consolidated Berhad Initial Public Offering (IPO) received an overwhelming response with its public portion of 1,586 million shares. It was oversubscribed by 45.66 times. The IPO attract 13,867 applications for 45.92 million shares.

Notices of Allotment will be dispatched by post to all successful applicants on or before 23rd November 2015. Kim Teck Cheong Consolidated Berhad is expected to be listed on the ACE Market of Bursa Malaysia on 25th November 2015 under stock name “KTC”.

Below are the allotment summary.

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