UMW Oil & Gas IPO Oversubscribed by 10.72 times



UMW Oil & GasUMW Oil & Gas Corporation Berhad Initial Public Offering (IPO) received an overwhelming response with its public portion of 43.2 million shares. It was oversubscribed by 10.72  times. The IPO attract 38,806 applications for 506.6 million shares.

The Institutional Price was fixed at RM2.80 per Offer Share. Accordingly, the Final IPO Price for the Retail Offering is fixed at RM2.80 per Offer Share as set out in the prospectus. As such there is no refund to be made to successful retail applicants.

Below are the allotment summary.

Allotment summary for Bumiputera portion

Denomination No of Application No of Successful Application % Chance Share / Successful Applications
From to
100 200 140 19 13.57 100
300 900 116 17 14.66 300
1,000 1,900 1,218 251 20.61 1,000
2,000 2,900 896 190 21.21 2,000
3,000 3,900 1,004 230 22.91 3,000
4,000 5,900 1,319 311 23.58 4,000
6,000 10,900 3,845 930 24.19 5,000
11,000 19,900 1,520 386 25.39 8,000
20,000 49,900 1,230 325 26.42 10,000
50,000 99,900 378 205 54.23 20,000
100,000 199,900 181 96 53.04 30,000
200,000 499,900 26 19 73.08 40,000
500,000 999,900 4 4 100.00 50,000
1,000,000 ABOVE 2 2 100.00 60,000
11,879 2,985


Allotment summary for Public portion

Denomination No of Application No of Successful Application % Chance Share / Successful Applications
From to
100 200 245 6 2.45 100
300 900 295 8 2.71 300
1,000 1,900 4,125 199 4.82 1,000
2,000 2,900 2,959 170 5.75 2,000
3,000 3,900 2,772 180 6.49 3,000
4,000 5,900 3,449 259 7.51 4,000
6,000 10,900 8,273 720 8.70 5,000
11,000 19,900 6,516 649 9.96 8,000
20,000 49,900 4,775 499 10.45 10,000
50,000 99,900 1,264 144 11.39 20,000
100,000 199,900 524 63 12.02 30,000
200,000 499,900 81 10 12.35 40,000
500,000 999,900 33 5 15.15 50,000
1,000,000 ABOVE 22 5 22.73 60,000
35,333 2,917



Notices of Allotment will be dispatched by post to all successful applicants on or before 31st October 2013. UMW Oil & Gas is expected to be listed on the Main Market of Bursa Malaysia on 1st November 2013 under stock name “UMWOG”.

Details information are available in Bursa Malaysia webpage.


Leave a Comment