Titijaya Land Berhad Initial Public Offering (IPO) received an overwhelming response with its public portion of 17 million shares. It was oversubscribed by 19.34 times. The IPO attract 20,674 applications or 345.7 million shares.
Pursuant to the terms of the Prospectus, 3.4 million shares initially reserved for application by Bumiputera investors approved by MITI were made available to the Bumiputera Public.
Notices of Allotment will be dispatched by post to all successful applicants on or before 26th November 2013. Titijaya Land is expected to be listed on the Main Market of Bursa Malaysia on 27th November 2013 under stock name “TITIJYA”.
Below are the allotment summary.
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Titijaya Land Bhd, a property developer is scheduled to be listed in Main Market of Bursa Malaysia on 27th November 2013.
The Initial Public Offering (IPO) consists of public issues of 81.7 million new ordinary shares and offer for sale of 49.5 million ordinary shares at an IPO price of RM1.50 per share.
Out of this, 17 million shares are allocated for application by Malaysian public and 6 million shares reserved for the eligible directors and eligible person who contribute to the company. The remaining shares are for private placement.
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Caring Pharmacy Group Berhad Initial Public Offering (IPO) received an overwhelming response with its public portion of 10.9 million shares. It was oversubscribed by 33.66 times. The IPO attract 20,137 applications or 377.3 million shares.
Notices of Allotment will be dispatched by post to all successful applicants on or before 11th November 2013. Caring Pharmacy is expected to be listed on the Main Market of Bursa Malaysia on 13th November 2013 under stock name “CARING”.
Below are the allotment summary.
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DanaInfra Nasional Berhad is issuing second Retail Sukuk which will be listed and traded on Bursa Malaysia on 28th November 2013. The maiden Retail Sukuk raised RM300 million issued on Feb 8 this year recorded an over subscription rate of 1.61 times.
Size of the second DanaInfra Retail Sukuk is RM100 million with 15-year maturity date. The Sukuk is an infrastructure issuance to finance the capital expenditure and operating expenses in relation to the development of the MRT Project.
The profit rate for the second DanaInfra Retail Sukuk is 4.58 percent per year. Profit payment will be paid semi-annually and not taxable.
The table below is the key point of DanaInfra Retail Sukuk.
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Karex Berhad Initial Public Offering (IPO) received an overwhelming response with its public portion of 13.5 million shares. It was oversubscribed by 21.76 times. The IPO attract 20,795 applications or 307.3 million shares.
Notices of Allotment will be dispatched by post to all successful applicants on or before 4th November 2013. Karex is expected to be listed on the Main Market of Bursa Malaysia on 6th November 2013 under stock name “KAREX”.
Below are the allotment summary.
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