Gas Malaysia Berhad Initial Public Offering (IPO) received an overwhelming response with its public portion of 25.68 million shares. It was oversubscribed by 21.64 times. The IPO attract 44,561 applications or 581.4 million shares.
The Institutional Price was fixed at RM2.20 per Offer Share. Accordingly, the Final IPO Price for the Retail Offering is fixed at RM2.20 per Offer Share.
The IPO allocate 25.68 million shares for public. Of these, 12.86 million shares were allocated for Bumiputera category while 12.86 million shares were allocated for Malaysian Public category.
Below are the allotment summary for public portion.