Boustead Plantations Berhad Initial Public Offering (IPO) received an overwhelming response with its public portion of 64 million shares. It was oversubscribed by 6 times. The IPO attract 30,787 applications for 448 million shares.
The Institutional Price was fixed at RM1.60 per Offer Share. Accordingly, the Final IPO Price for the Retail Offering is fixed at RM1.60 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 | 124 | 6 | 4.84 | 100 |
| 300 | 900 | 118 | 8 | 6.78 | 300 |
| 1,000 | 1,900 | 830 | 140 | 16.87 | 1,000 |
| 2,000 | 2,900 | 643 | 111 | 17.26 | 2,000 |
| 3,000 | 3,900 | 712 | 135 | 18.96 | 3,000 |
| 4,000 | 5,900 | 1,254 | 250 | 19.94 | 4,000 |
| 6,000 | 8,900 | 3,157 | 650 | 20.59 | 6,000 |
| 9,000 | 10,900 | 411 | 90 | 21.90 | 8,000 |
| 11,000 | 19,900 | 2,066 | 470 | 22.75 | 9,000 |
| 20,000 | 49,900 | 1,166 | 275 | 23.58 | 20,000 |
| 50,000 | 99,900 | 363 | 240 | 66.12 | 30,000 |
| 100,000 | 199,900 | 239 | 161 | 67.36 | 40,000 |
| 200,000 | 499,900 | 47 | 34 | 72.34 | 50,000 |
| 500,000 | ABOVE | 12 | 9 | 75.00 | 60,000 |
| 11,142 | 2,579 | ||||
Allotment summary for Public portion
| Denomination | No of Application | No of Successful Application | % Chance | Share / Successful Applications | |
|---|---|---|---|---|---|
| From | to | ||||
| 100 | 200 | 212 | 6 | 2.83 | 100 |
| 300 | 900 | 225 | 8 | 3.56 | 300 |
| 1,000 | 1,900 | 2,603 | 110 | 4.23 | 1,000 |
| 2,000 | 2,900 | 1,848 | 195 | 5.14 | 2,000 |
| 3,000 | 3,900 | 1,893 | 120 | 6.34 | 3,000 |
| 4,000 | 5,900 | 2,668 | 210 | 7.87 | 4,000 |
| 6,000 | 8,900 | 5,456 | 480 | 8.80 | 6,000 |
| 9,000 | 10,900 | 1,229 | 119 | 9.68 | 8,000 |
| 11,000 | 19,900 | 5,729 | 615 | 10.73 | 9,000 |
| 20,000 | 49,900 | 4,337 | 495 | 11.41 | 20,000 |
| 50,000 | 99,900 | 995 | 125 | 12.56 | 30,000 |
| 100,000 | 199,900 | 474 | 91 | 19.20 | 40,000 |
| 200,000 | 499,900 | 85 | 45 | 52.94 | 50,000 |
| 500,000 | 999,900 | 30 | 16 | 53.33 | 60,000 |
| 1,000,000 | ABOVE | 12 | 9 | 75.00 | 70,000 |
| 27,796 | 2,544 | ||||
Notices of Allotment will be dispatched by post to all successful applicants on or before 25th June 2014. Boustead Plantations is expected to be listed on the Main Market of Bursa Malaysia on 26th June 2014 under stock name “BPLANT”.
Details information are available in Bursa Malaysia webpage.
i got 200 lots….yahhoooooooo
Congrats!!. I’m not so lucky did not get any for both Boustead & Icon Offshore.
Not yet my rezeki. been trying to buy IPO since january still didnt get any. Any tips how our application can be accepted? Thanks
Try again & never give-up. The trick is to apply as much as possible. If you see the table above, the more units you apply will give you higher chance of being successful. But you need a lot of capital though. If you are Bumi, why not applying through MITI.
What is the tp for this counter