SCH Group Berhad Initial Public Offering (IPO) received an overwhelming response with its public portion of 13 million shares. It was oversubscribed by 67.93 times. The IPO attract 13,366 applications or 896 million shares.
Notices of Allotment will be dispatched by post to all successful applicants on or before 10th February 2014. SCH Group is expected to be listed on the Main Market of Bursa Malaysia on 13th February 2014 under stock name “SCH”.
Below are the allotment summary.
SCH Group Bhd, a Quarry industrial products company is scheduled to be listed in ACE Market of Bursa Malaysia on 13th February 2014.
The Initial Public Offering (IPO) consists of public issues of 90.7 million new ordinary shares and offer for sale of 33 million shares at an IPO price of RM0.23 per share and par value RM0.10.
Out of this, 13 million shares are allocated for application by Malaysian public and 13 million shares reserved for the eligible directors, employees and business associates or person contributed to the company. The remaining shares are for private placement.
IOI Properties Group Bhd, a property developer is scheduled to be listed in Main Market of Bursa Malaysia on 15th January 2014.
The Initial Public Offering (IPO) will be distributed in the following manner.
Kanger International Berhad Initial Public Offering (IPO) received an overwhelming response with its public portion of 11 million shares. It was oversubscribed by 60.57 times. The IPO attract 11,529 applications or 677.3 million shares.
Notices of Allotment will be dispatched by post to all successful applicants on or before 20th December 2013. Kanger International is expected to be listed on the ACE Market of Bursa Malaysia on 23rd December 2013 under stock name “KANGER”.
Below are the allotment summary.
Kanger International Bhd, bamboo flooring manufacturer is scheduled to be listed in ACE Market of Bursa Malaysia on 23rd December 2013.
The Initial Public Offering (IPO) consists of public issues of 80 million new ordinary shares at an IPO price of RM0.25 per share at RM0.10 par value.
Out of this, 11 million shares are allocated for application by Malaysian public and 6.9 million shares reserved for selected investors.