Century Software IPO Oversubscribed by 23.99 times


Century Software Holdings Initial Public Offering (IPO) received an overwhelming response with its Malaysian public portion of 23 million shares. It was oversubscribed by 23.99 times. The IPO attract 11,746 applications or 216.1 million shares. For the Bumiputera portion, a total of 5,472 applications for 81.2 million shares were received which represents an oversubscription rate of 17.79 times. The Public Issue and Offer for Sale exercise comprises;

1) Public Issue of 23 million of New Ordinary shares of RM0.10 each comprising:

  • 8.65 million New Ordinary shares of RM0.10 each made available for application by the Malaysian Public.
  • 5.8 million New Ordinary shares of RM0.10 each made available for application by the eligible directors, employees.
  • 8.65 million New Ordinary shares of RM0.10 each for private placement.

2) Offer for Sale of 10.9 million of ordinary shares of RM0.10 each

Below is the allotment summary for Bumiputera portion

Denomination No of Application No of Successful Application % Chance Share / Successful Applications
From to
100 200 23 1 4.35 100
300 900 22 1 4.55 300
1000 1900 327 30 9.17 1000
2,000 2,900 204 21 10.29 2,000
3,000 3,900 182 21 11.54 3,000
4,000 5,900 390 48 12.31 4,000
6,000 10,900 1,446 190 13.14 5,000
11,000 19,900 1,123 160 14.25 6,000
20,000 49,900 1,431 220 15.37 7,000
50,000 99,900 206 38 18.45 8,000
100,000 199,900 94 19 20.21 9,000
200,000 499,900 20 5 25.00 10,000
500,000 999,900 4 2 50.00 11,300
5,472 756

Below is the allotment summary for Public portion

Denomination No of Application No of Successful Application % Chance Share / Successful Applications
From to
100 200 34 1 2.94 100
300 900 33 1 3.03 300
1000 1900 556 18 3.24 1000
2,000 2,900 359 12 3.34 2,000
3,000 3,900 339 14 4.13 3,000
4,000 5,900 633 28 4.42 4,000
6,000 10,900 2,343 122 5.21 5,000
11,000 19,900 2,527 153 6.05 6,000
20,000 49,900 2,923 232 7.94 7,000
50,000 99,900 773 70 9.06 8,000
100,000 199,900 281 31 11.03 9,000
200,000 499,900 56 8 14.29 10,000
500,000 999,900 18 4 22.22 11,300
1,000,000 ABOVE 1 1 100 12,400
10,875 695

Notices of Allotment will be dispatched by post to all successful applicants on or before 28th January 2011.  Century Software is expected to be listed on the Main Market of Bursa Malaysia on 31st January 2011 under stock name CSHB. Details information are available in Bursa Malaysia webpage.



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