Gas Malaysia


GMB

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.

Read more →



GMB

Gas Malaysia Bhd, the sole supplier of natural gas to the non-power sector is scheduled to be listed in Main Market of Bursa Malaysia on 11th June 2012.

The Initial Public Offering (IPO) consists of offer for sale of 333.84 million ordinary shares at an indicative price of RM2.20 per share at RM0.50 par value. The final price will be the lower of RM2.20 and institutional price.

Out of 333.8 million offer for sale shares, 303.3 million shares are for selected & institutional investors, while 30.5 million shares for application by Malaysian public eligible directors and employees of Gas Malaysia Berhad.

Read more →