ACE Market

BCM Alliance Berhad IPO


BCM AllianceBCM Alliance Berhad, a distributor of laundry equipment and medical devices is scheduled to be listed in ACE Market of Bursa Malaysia on the 24th October 2016.

The Initial Public Offering (IPO) consists of 84.25 million new ordinary shares and offer for sale 42.125 million shares at an IPO price of RM0.19 per share at RM0.05 par value. 95.375 million shares will be for private placement & selected investors, 22 million shares made available for Malaysian Public and the remaining 9 million shares made available to the eligible directors and employees of BCM Alliance Berhad.

[continue reading…]

Perak Transit Berhad IPO


Perak TransitPerak Transit Berhad, a public transportation services provider is scheduled to be listed in ACE Market of Bursa Malaysia on the 6th October 2016.

The Initial Public Offering (IPO) consists of 245 million new ordinary shares at an IPO price of RM0.15 per share at RM0.10 par value. 187 million shares will be for private placement & selected investors  and the remaining 58 million shares made available for Malaysian Public.

[continue reading…]

HSS Engineers IPO Oversubscribed by 21.71 times

HSS Engineers BerhadHSS Engineers Berhad Initial Public Offering (IPO) received an overwhelming response with its public portion of 15.95 million shares. It was oversubscribed by 21.71 times. The IPO attract 8,737 applications for 362.3 million shares.

Notices of Allotment will be dispatched by post to all successful applicants on or before 8th August 2016. HSS Engineers Berhad is expected to be listed on the ACE Market of Bursa Malaysia on 10th August 2016 under stock name “HSS”.

Below are the allotment summary.

[continue reading…]

HSS Engineers Berhad IPO

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.

[continue reading…]

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.

[continue reading…]