Carimin Petroleum IPO Oversubscribed by 22.06 times


Carimin PetroleumCarimin Petroleum Berhad Initial Public Offering (IPO) received an overwhelming response with its public portion of 11.7 million shares. It was oversubscribed by 22.06 times. The IPO attract 13,421 applications or 269.7 million shares.

Notices of Allotment will be dispatched by post to all successful applicants on or before 7th November 2014. Carimin Petroleum Resources is expected to be listed on the Main Market of Bursa Malaysia on 10th November 2014 under stock name “CARIMIN”.

Below are the allotment summary.

Allotment summary for Public portion

Denomination (unit) No of Application No of Successful Application % Chance Share / Successful Applications
From to
100 900 165 10 6.06 100
1,000 1,900 523 32 6.12 1,000
2,000 2,900 309 23 7.44 1,000
3,000 3,900 377 31 8.22 1,000
4,000 5,900 573 52 9.08 2,000
6,000 10,900 2,734 276 10.10 4,000
11,000 19,900 3,206 356 11.10 6,000
20,000 49,900 4,218 562 13.02 10,000
50,000 99,900 774 109 14.08 12,000
100,000 199,900 294 45 15.31 15,000
200,000 499,900 106 17 16.04 20,000
500,000 999,900 31 8 25.81 25,000
1,000,000 ABOVE 11 4 36.36 30,000
13,421 1.525


Details information are available in Bursa Malaysia webpage.



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