Tune Ins Holdings IPO Oversubscribed by 2.07 times



Tune Ins HoldingsTune Ins Holdings Berhad Initial Public Offering (IPO) received an overwhelming response with its public portion of 37.6 million shares. It was oversubscribed by 2.07 times. The IPO attract 8,366 applications or 115.4 million shares.

The Institutional Price was fixed at RM1.35 per Offer Share. Accordingly, the Final IPO Price for the Retail Offering is fixed at RM1.35 per Offer Share. The difference of RM0.20 per IPO Share will be dispatched to successful retail applicants within 10 market days from 7th February 2013.

Below are the allotment summary.

Allotment summary for Bumiputera portion

Denomination No of Application No of Successful Application % Chance Share / Successful Applications
From to
100 200 28 8 28.57 100
300 900 16 10 62.50 300
1,000 1,900 136 108 79.41 1,000
2,000 2,900 85 68 80.00 2,000
3,000 3,900 112 91 81.25 3,000
4,000 5,900 400 328 82.00 4,000
6,000 10,900 746 626 83.91 6,000
11,000 19,900 1,305 1,109 84.98 8,000
20,000 49,900 428 368 85.98 10,000
50,000 99,900 88 77 87.50 12,000
100,000 199,900 34 30 88.24 14,000
200,000 ABOVE 19 19 100.00 16,000
3,397 2,842


Allotment summary for Public portion

Denomination No of Application No of Successful Application % Chance Share / Successful Applications
From to
100 200 46 11 23.91 100
300 900 27 9 33.33 300
1,000 1,900 415 209 50.36 1,000
2,000 2,900 291 151 51.89 2,000
3,000 3,900 271 142 52.40 3,000
4,000 5,900 429 230 53.61 4,000
6,000 10,900 1,134 623 54.94 6,000
11,000 19,900 1,456 814 55.91 8,000
20,000 49,900 874 498 56.98 10,000
50,000 99,900 220 126 57.27 12,000
100,000 199,900 82 54 65.85 14,000
200,000 499,900 20 15 75.00 16,000
500,000 999,900 9 9 100.00 18,000
1,000,000 ABOVE 1 1 100.00 28,000
5,275 2,892



Notices of Allotment will be dispatched by post to all successful applicants on or before 19th February 2013. Tune Ins Holdings is expected to be listed on the Main Market of Bursa Malaysia on 20th February 2013 under stock name “TUNEINS”.

Details information are available in Bursa Malaysia webpage.


Leave a Comment

  • A 7th February, 2013, 7:49 am

    Listing date already changed to 20th February. You can check on Bursa’s website.

    Reply
    • 1mdb.com 7th February, 2013, 8:25 am

      TQ for the information 🙂

      Reply