UMW Oil & Gas Corporation Berhad Initial Public Offering (IPO) received an overwhelming response with its public portion of 43.2 million shares. It was oversubscribed by 10.72 times. The IPO attract 38,806 applications for 506.6 million shares.
The Institutional Price was fixed at RM2.80 per Offer Share. Accordingly, the Final IPO Price for the Retail Offering is fixed at RM2.80 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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Berjaya Auto Bhd, a company that involve in distribution, retailing and servicing of Mazda vehicles is scheduled to be listed in Main Market of Bursa Malaysia on 18th November 2013.
The Initial Public Offering (IPO) consists of public issues of 82.8 million new ordinary shares at an IPO price of RM0.70 per share.
Out of this, 41.4 million shares are allocated for are for private placement, 10.2 million shares allocated for Bumiputera investors approved by MITI, 19.2 million shares reserved for application by the shareholders of Berjaya Corporation Berhad and the remaining 12 million shares reserved for the eligible directors, employees and business associates.
Unfortunately, there is no allocation for general public to subscribe to Berjaya Auto IPO.
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Caring Pharmacy Group Bhd, the operator of a chain of community pharmacies is scheduled to be listed in Main Market of Bursa Malaysia on 13th November 2013.
The Initial Public Offering (IPO) consists of public issues of 35 million new ordinary shares at an IPO price of RM1.25 per share and RM1.00 par value.
Out of this, 10.9 million shares are allocated for application by Malaysian public and 5.7 million shares reserved for the eligible directors, employees and shareholders of subsidiaries of the group. The remaining shares are for private placement.
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Karex Bhd, rubber products manufacturer is scheduled to be listed in Main Market of Bursa Malaysia on 6th November 2013.
The Initial Public Offering (IPO) consists of public issues of 40.5 million new ordinary shares and offer for sale of 27 million ordinary shares at an IPO price of RM1.85 per share.
Out of this, 13.5 million shares are allocated for application by Malaysian public and 6.8 million shares reserved for the eligible directors, employees, business associates and person contribute to the company. The remaining shares are for institutional & private placement.
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UMW Oil & Gas Corporation Bhd, a Malaysian offshore and drilling services, is scheduled to be listed in Main Market of Bursa Malaysia on 1st November 2013. This IPO set to be the biggest in Malaysia this year.
The Initial Public Offering (IPO) consists of 843.18 million shares, comprising of an offer for sale of up to 231.38 million existing shares and a public issue of 611.80 million new shares. The retail offering portion involve 194.58 million shares would be for eligible directors and staff and Malaysian public.
The retail price of the offering is RM2.80 per share at RM0.50 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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