UOA Development IPO Oversubscribed by 3.40 times

27th May, 2011

in Initial Public Offering

UOA

UOA Development Berhad Initial Public Offering (IPO) received an overwhelming response with its public portion of 60 million shares. It was oversubscribed by 3.40 times. The IPO attract 23,171 applications or 263.9 million shares.

The institutional IPO prices was fixed at RM2.60 per share. Accordingly, the final retail price was fixed at RM2.52 per shares, represent 3 percent discount to the institutional price. The refund of RM0.38 per share will be send to successful retail applicants by 10 market days.

30 million shares were allocated for Bumiputera category while 30 million shares were allocated for Malaysian Public category. Below are the allotment summary for public portion.

Allotment summary for Bumiputera portion

Denomination No of Application No of Successful Application % Chance Share / Successful Applications
From to
100 200 25 3 12.00 100
300 900 37 9 24.32 300
1000 1900 1,223 450 36.79 1,000
2,000 2,900 859 320 37.25 2,000
3,000 3,900 756 291 38.49 3,000
4,000 5,900 923 365 39.54 4,000
6,000 10,900 2,080 849 40.82 6,000
11,000 19,900 1,387 580 41.82 10,000
20,000 49,900 615 259 42.11 20,000
50,000 99,900 310 135 43.55 40,000
100,000 199,900 105 47 44.76 60,000
200,000 499,900 29 16 55.17 80,000
500,000 999,900 4 4 100.00 100,000
1,000,000 ABOVE 5 5 100.00 120,000
8,358 3,333

Allotment summary for Public portion

Denomination No of Application No of Successful Application % Chance Share / Successful Applications
From to
100 200 44 2 4.55 100
300 900 88 6 6.82 300
1000 1900 2,961 381 12.78 1,000
2,000 2,900 1,808 251 13.88 2,000
3,000 3,900 1,785 265 14.85 3,000
4,000 5,900 1,927 300 15.57 4,000
6,000 10,900 4,354 700 16.08 6,000
11,000 19,900 3,473 602 17.33 10,000
20,000 49,900 2,001 362 18.09 20,000
50,000 99,900 593 115 19.39 40,000
100,000 199,900 255 52 20.39 60,000
200,000 499,900 47 14 29.79 80,000
500,000 999,900 15 7 46.67 100,000
1,000,000 ABOVE 1 1 100.00 120,000
19,372 3,058

Notices of Allotment will be dispatched by post to all successful applicants on or before 7th June 2011. UOA Development BerhadĀ is expected to be listed on the Main Market of Bursa Malaysia on 8th June 2011 under stock name “UOADEV”.

Details information are available in Bursa Malaysia webpage.

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  3. Inari IPO Oversubscribed by 10.42 times
  4. EITA Resources IPO Oversubscribed by 19.47 times
  5. MSM Malaysia Holdings IPO Oversubscribed by 34.28 times
  6. PeterLabs Holdings IPO Oversubscribed by 4.96 times
  7. Smartag Solutions IPO Oversubscribed by 268.06 times
  8. Century Software IPO Oversubscribed by 23.99 times
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{ 18 comments… read them below or add one }

kampunginvestor May 30, 2011 at 2:55 pm

Brother, any news on your application? Mine in CIMB Clicks still pending! ^^ Anybody got any news about their applications?

Reply

1-million-dollar-blog May 30, 2011 at 5:28 pm

Brother, mine is pending too. Normally it takes 2 to 3 working days to see the result in CIMBClicks.

Reply

Marco May 30, 2011 at 8:49 pm

Mine are pending as well. Can’t wait to know the outcome.

Reply

kampunginvestor May 31, 2011 at 4:32 am

Yea lor… 3 kan chiong fellas! Best conclusion is that we all get! ^^

Reply

1-million-dollar-blog May 31, 2011 at 1:17 pm

The result is out in CIMBClicks. Anyone get it?

Reply

Marco May 31, 2011 at 7:10 pm

Disappointed… Did not get any…
Will try my luck on old town IPO.

How about you guys?

Reply

1-million-dollar-blog May 31, 2011 at 8:54 pm

I’m quite lucky this time. Manage to get some lots. Marco, many more good IPO coming, just get ready with capital.

Remember, the trick is apply for bigger quantity. If you does not have enough capital, team up with your trusted friends.

Reply

Marco June 1, 2011 at 6:36 am

Congratulations to you! I will not give up.
Old town will be the next one.

Reply

aaren June 1, 2011 at 9:13 am

my cimb shows “reserve” in the status.. means?

Reply

Kath June 1, 2011 at 7:22 pm

when can apply the Old Town IPO ?

Reply

1-million-dollar-blog June 1, 2011 at 7:47 pm

aaren,
if somebody before disqualified, you will get it.

Kath,
Not yet, they just submit their prospectus to Security Commission for approval.

Reply

kampunginvestor June 2, 2011 at 12:12 am

I haven’t checked mine yet. Will check in a moment! Wish me luck. How many you got brother? ^^ Share share a bit! ^^

Reply

1-million-dollar-blog June 2, 2011 at 2:47 am

kampunginvestor, Good Luck to you brother!!. Haha, I’ve got a few lots but shy to share over here.

Reply

kampunginvestor June 2, 2011 at 10:15 am

I applied 4000 shares and got it all! ^^

Reply

zuwang June 2, 2011 at 1:45 pm

conngrat to who get UOA..i only get 2000 share..still syukur

Reply

1-million-dollar-blog June 2, 2011 at 7:23 pm

Congrats for those who get it!. For those who not, its time to apply for MSM Malaysia Holdings

Reply

apai June 8, 2011 at 4:01 pm

for those who cannot get uoa ipo can buy it from open market…even more cheaper than ipo price…very bad…

Reply

Marco June 8, 2011 at 8:04 pm

I will acquire from open market.

Reply

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