LKL International Berhad Initial Public Offering (IPO) received an overwhelming response with its public portion of 8 million shares. It was oversubscribed by 92.84 times. The IPO attract 12,642 applications for 750.7 million shares. 9.32 million new shares initially reserve to the Bumiputera investors under MITI, were made available to Malaysian Bumiputera.
Notices of Allotment will be dispatched by post to all successful applicants on or before 13th May 2016. LKL International Berhad is expected to be listed on the ACE Market of Bursa Malaysia on 19th April 2016 under stock name “LKL”.
Below are the allotment summary.
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Salutica Berhad, an original design manufacturer of electronic components is scheduled to be listed in ACE Market of Bursa Malaysia on the 18th May 2016.
The Initial Public Offering (IPO) consists of 78 million new ordinary shares and offer for sale of 23 millions shares at an IPO price of RM0.80 per share at RM0.10 par value. 71.80 million shares will be for private placement & selected investors, 19.4 million shares to the Malaysian public and the remaining 9.7 million shares made available for eligible directors, employees and person who have contributed to the success of Salutica Group.
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LKL International Berhad, a company involved in the provision of medical/healthcare beds, peripherals and accessories is scheduled to be listed in ACE Market of Bursa Malaysia on the 16th May 2016.
The Initial Public Offering (IPO) consists of 113 million new ordinary shares at an IPO price of RM0.20 per share at RM0.10 par value. 49.6 million shares will be for private placement & selected investors, 8 million shares to the Malaysian public and the remaining 13.2 million shares made available for eligible directors, employees and persons who contributed to the group.
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Pecca Group Berhad Initial Public Offering (IPO) received an overwhelming response with its public portion of 9.4 million shares. It was oversubscribed by 13.11 times. The IPO attract 8,047 applications for 132.6 million shares.
Notices of Allotment will be dispatched by post to all successful applicants on or before 18th April 2016. Pecca Group Berhad is expected to be listed on the Main Market of Bursa Malaysia on 19th April 2016 under stock name “PECCA”.
Below are the allotment summary.
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Pecca Group Berhad, an automotive leather upholstery supplier is scheduled to be listed in Main Market of Bursa Malaysia on the 19th April 2016.
The Initial Public Offering (IPO) consists of 47.8 million new ordinary shares and offer for sale of 43.3 millions shares at an IPO price of RM1.42 per share at RM0.50 par value. 72.33 million shares will be for private placement & selected investors, 9.4 million shares to the Malaysian public and the remaining 9.4 million shares made available for eligible directors, employees and business associates of Pecca Group..
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