ACE Market


Hiap Huat HoldingsHiap Huat Holdings Bhd, a licensed waste oil recycler is scheduled to be listed in ACE Market of Bursa Malaysia on 26th November 2012.

The Initial Public Offering (IPO) consists of public issues of 85 million new ordinary shares at an IPO price of RM0.20 per share at RM0.10 par value.

Out of 85 million new ordinary shares, 50 million shares are for private placement to selected investors and 5 million shares for application by Malaysian public.

The IPO also offer for sale 50 million shares to selected investors.

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Pasukhas GroupPasukhas Group Bhd, a Mechanical and electrical (M&E) engineering services provider is scheduled to be listed in ACE Market of Bursa Malaysia on 29th August 2012.

The Initial Public Offering (IPO) consists of public issues of 90 million new ordinary shares at an IPO price of RM0.12 per share at RM0.10 par value.

Out of 90 million new ordinary shares, 55 million shares are for private placement to selected investors, 10 million shares for application by Malaysian public and the remaining 25 million shares are made available to directors, employees and persons who have contributed to the group.

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OCK Group BerhadOCK Group Berhad Initial Public Offering (IPO) received an overwhelming response with its public portion of 7 million shares. It was oversubscribed by 8.30 times. The IPO attract 3,087 applications or 65.06 million shares.

The IPO allocate 7 million shares for public. Of these, 3.5 million shares were allocated for Bumiputera category while 3.5 million shares were allocated for Malaysian Public category.

Below are the allotment summary for public portion.

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OCK Group BerhadOCK Group Bhd, a telecommunications network service provider is scheduled to be listed in ACE Market of Bursa Malaysia on 17th July 2012.

The Initial Public Offering (IPO) consists of public issues of 75 million new ordinary shares at an IPO price of RM0.36 per share at RM0.10 par value.

Out of 75 million shares, 58.5 million shares are for private placement to selected investors, 7 million shares for application by Malaysian public and the remaining 9.5 million shares are made available to employees and persons who have contributed to the group.

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