ACE Market

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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