FELDA Global Ventures Holdings Bhd, a plantation operator, downstream products and refined sugar produce is scheduled to be listed in Main Market of Bursa Malaysia on 28th June 2012.
The Initial Public Offering (IPO) consists of 1.92 billion shares will be offered to the institutional investors while the remaining 283.61 million shares will be offered to retail investors at a price of RM4.55 per share at RM1.00 par value.
The final price will be the lower of retail price and 98% of the institutional price. There will be a refund to the difference if the final retail price is less than the retail price.
The institutional offering involves a total of 1.21 billion shares and 286.85 million issue shares allocated for Malaysian and foreign institutional investors, while 419.54 million issue shares are set aside for Bumiputera institutional and selected investors approved by International Trade and Industry Ministry, at the institutional price.
[continue reading…]
Gas Malaysia Berhad Initial Public Offering (IPO) received an overwhelming response with its public portion of 25.68 million shares. It was oversubscribed by 21.64 times. The IPO attract 44,561 applications or 581.4 million shares.
The Institutional Price was fixed at RM2.20 per Offer Share. Accordingly, the Final IPO Price for the Retail Offering is fixed at RM2.20 per Offer Share.
The IPO allocate 25.68 million shares for public. Of these, 12.86 million shares were allocated for Bumiputera category while 12.86 million shares were allocated for Malaysian Public category.
Below are the allotment summary for public portion.
[continue reading…]
Pestech International Berhad Initial Public Offering (IPO) received an overwhelming response with its public portion of 6.0 million shares. It was oversubscribed by 10.47 times. The IPO attract 5,650 applications or 68.8 million shares.
In addition, 3.6 million shares made available for private placement to identified investors have been placed out.
The IPO allocate 6.0 million shares for public. Of these, 3.0 million shares were allocated for Bumiputera category while 3.0 million shares were allocated for Malaysian Public category.
Below are the allotment summary for public portion.
[continue reading…]
Gas Malaysia Bhd, the sole supplier of natural gas to the non-power sector is scheduled to be listed in Main Market of Bursa Malaysia on 11th June 2012.
The Initial Public Offering (IPO) consists of offer for sale of 333.84 million ordinary shares at an indicative price of RM2.20 per share at RM0.50 par value. The final price will be the lower of RM2.20 and institutional price.
Out of 333.8 million offer for sale shares, 303.3 million shares are for selected & institutional investors, while 30.5 million shares for application by Malaysian public eligible directors and employees of Gas Malaysia Berhad.
[continue reading…]
Pestech International Bhd, integrated power technology company is scheduled to be listed in Main Market of Bursa Malaysia on 30th May 2012.
The Initial Public Offering (IPO) consists of public issues of 12.88 million new ordinary shares and 8.59 million shares for sale at an IPO price of RM1.00 per share at RM0.50 par value.
Out of 12.88 million new ordinary shares, 1.5 million shares are for private placement to selected investors, 6.0 million shares for application by Malaysian public and the remaining 5.4 million shares are made available to directors, employees and business associates of Pestech International Berhad.
For the offer for sale 8.59 million existing shares, 6.46 million shares allocated by way of placement to Bumiputera investors, and 2.13 million shares via placement to identified investors.
[continue reading…]
