Asia Pacific Flight Training (APFT) Berhad Initial Public Offering (IPO) received an overwhelming response with its Malaysian public portion of 15 million shares.
It was oversubscribed by 12.09 times. The IPO attract 8,590 applications or 196.36 million shares. All the 17.25 million of new shares made available for private placement to identified investors have been placed out.
Below are the allotment summary
ManagePay Systems Berhad Initial Public Offering (IPO) received an overwhelming response with its Malaysian public portion of 9.15 million shares. It was oversubscribed by 46.04 times. The IPO attract 6,858 applications or 430.50 million shares.
All the 32.9 million of new shares made available for private placement to identified investors have been placed out.
Below are the allotment summary
Berjaya Food Berhad Initial Public Offering (IPO) received an overwhelming response with its Malaysian public portion of 7 million shares. It was oversubscribed by 14.48 times. The IPO attract 4,942 applications or 109.4 million shares.
For the Bumiputera portion, a total of 2,075 applications for 40.2 million shares were received which represents an oversubscription rate of 10.53 times while under the Malaysian public category 2,867 applications for 68.6 million shares were received for an oversubscription of 18.43 times.
Below are the allotment summary
Asia Pacific Flight Training (APFT) Bhd, a flight training academy based in Sultan Ismail Petra Airport, Pengkalan Chepa, Kota Bahru, Kelantan, is schedule to be listed in Main Market on 18th March 2011.
APFT’s IPO consists of public issue of 22.0 million ordinary shares and offer for sale of 17.3 million shares at an IPO price of RM0.50 per share with RM0.20 par value.
The proceeds from the IPO exercise will be used to repay bank borrowings, as well as for working capital and the expansion of its training facility.
15 million shares will be allocated for the Malaysian public and 7 million shares for eligible employees and person who contributed to the group. Offer for sale shares are to be issued to identified investor.
ManagePay Systems Bhd, a technology solutions provider focusing on a variety of ICT and technology-related business, is schedule to be listed in ACE Market on 15th March 2011.
ManagePay Systems’s IPO consists of 45.8 million ordinary shares at an IPO price of RM0.16 per share with RM0.10 par value.
9.2 million shares will be allocated for the Malaysian public, 3.7 million shares for eligible employees and 32.9 million shares will be for private placement to identified investor. The IPO will raise in RM7.3 million in proceeds.