Initial Public Offering

Aemulus Holdings Berhad IPO


Aemulus Holdings BerhadAemulus Holdings Bhd, a Penang-based electrical and electronic (E&E) engineering company in the semiconductor tester industry, is scheduled to be listed in ACE Market of Bursa Malaysia on 15th September 2015.

The Initial Public Offering (IPO) consists of 87.79 million new ordinary shares and offer for sale of 43.885 shares at an IPO price of RM0.28 per share at RM0.10 par value. 96.565 million shares will be for private placement & selected investors, 21.943 million shares to the Malaysian public and 13.167 million shares for eligible directors, employees & business associates of Aemulus Holdings Berhad.

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Ikhmas Jaya Group IPO Oversubscribed by 8.16 times


Ikhmas Jaya Group BerhadIkhmas Jaya Group Berhad Initial Public Offering (IPO) received an overwhelming response with its public portion of 26 million shares. It was oversubscribed by 8.16 times. The IPO attract 11,434 applications for 238.2 million shares.

Notices of Allotment will be dispatched by post to all successful applicants on or before 24th July 2015. Ikhmas Jaya Group Holdings is expected to be listed on the Main Market of Bursa Malaysia on 27th July 2015 under stock name “IKHMAS”.

Below are the allotment summary.

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Sunway Construction IPO Oversubscribed by 2.66 times

Sunway Construction Group BerhadSunway Construction Berhad Initial Public Offering (IPO) received an overwhelming response with its public portion of 51.7 million shares. It was oversubscribed by 2.66  times. The IPO attract 12,713 applications for 189.2 million shares. On the other hand, the 327.6 millions shares allocated to institutional investors oversubscribed by 4.6 times.

The Institutional Price was fixed at RM1.20 per Offer Share. Accordingly, the Final IPO Price for the Retail Offering is fixed at RM1.20 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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Ikhmas Jaya Group Berhad IPO

Ikhmas Jaya Group BerhadIkhmas Jaya Group Bhd, a piling specialist company, is scheduled to be listed in Main Market of Bursa Malaysia on 27th July 2015.

The Initial Public Offering (IPO) consists of 126 million new ordinary shares and offer for sale of 56 million shares at an IPO price of RM0.57 per share at RM0.25 par value. 130 million shares will be for private placement & selected investors, 26 million shares to the Malaysian public and 26 million shares for eligible directors & employees of Ikhmas Jaya Group Berhad.

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Sunway Construction Group Berhad IPO

Sunway Construction Group BerhadSunway Construction Group Bhd, the construction arm of Sunway Bhd, is scheduled to be listed in Main Market of Bursa Malaysia on 28th July 2015.

The Initial Public Offering (IPO) will involve distribution of 175 million shares to entitled Sunway Berhad shareholders on the basis of one for every 10 shares held, offer for sale of 327.6 million shares to Malaysian and foreign institutional and selected investors and retail offering of 71.1 million shares to eligible directors, employees and Malaysian public.

The retail price of the offering is RM1.20 per share at RM0.20 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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