Initial Public Offering

Dolphin International Berhad IPO


Dolphin International BerhadDolphin International Bhd, a company involved in the design, development, fabrication and sale of palm oil machinery, is scheduled to be listed in Main Market of Bursa Malaysia on 9th June 2015.

The Initial Public Offering (IPO) consists of 46 million new ordinary shares at an IPO price of RM0.68 per share at RM0.20 par value. 22.75 million will be for private placement & selected investors, 15 million shares to the Malaysian public and 8.25 million shares for eligible directors & employees of Dolphin International Berhad and its subsidiaries.

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Malakoff Corporation IPO Oversubscribed by 1.24 times


Malakoff Corporation BerhadMalakoff Corporation Berhad Initial Public Offering (IPO) received an overwhelming response with its public portion of 150 million shares. It was oversubscribed by 1.24  times. The IPO attract 21,880 applications for 335.3 million shares. On the other hand, the 1.28 billions shares allocated to institutional investors oversubscribed by 13 times.

The Institutional Price was fixed at RM1.80 per Offer Share. Accordingly, the Final IPO Price for the Retail Offering is fixed at RM1.80 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.

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Malakoff Corporation Berhad IPO

Malakoff Corporation BerhadMalakoff Corporation Bhd, the largest independent power producer (IPP) in Malaysia, is scheduled to be listed in Main Market of Bursa Malaysia on 15th May 2015. This IPO will likely be the biggest in Malaysia this year.

The Initial Public Offering (IPO) consists of 1.52 billion shares, comprising of an offer for sale of up to 521 million existing shares and a public issue of 1 billion new shares. The retail offering portion involve 242.5 million shares would be for eligible directors, staff, people who contributed the company and Malaysian public.

The retail price of the offering is RM1.80 per share at RM0.10 par value. The final retail price will be determine through book building exercise. If the final retail price is less than the retail price, there will be a refund to the retail investors.

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MyETF MSCI SEA Islamic Dividend IPO

MyETFMyETF MSCI SEA Islamic Dividend is an Islamic exchange traded fund (ETF) is scheduled to be listed in Main Market of Bursa Malaysia on 7th May 2015. The Islamic ETF fund will have a fund size of 500 million units with an initial issue price of RM1 per unit.

ETFs are essentially unit trust schemes that are listed and traded on a stock exchange. They are open-ended with a unique in-kind creation and redemption mechanism supported by a system of participating dealers and liquidity providers.

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Bioalpha Holdings IPO Oversubscribed by 32.73 times

Bioalpha HoldingsBioalpha Holdings Berhad Initial Public Offering (IPO) received an overwhelming response with its public portion of 20 million shares. It was oversubscribed by 32.73 times. The IPO attract 9,804 applications or 663.7 million shares.

Notices of Allotment will be dispatched by post to all successful applicants on or before 13th April 2015. Kronologi Asia is expected to be listed on the ACE Market of Bursa Malaysia on 14th April 2015 under stock name “BIOHLDG”.

Below are the allotment summary.

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