Heng Huat Resources Berhad Initial Public Offering (IPO) received an overwhelming response with its public portion of 7 million shares. It was oversubscribed by 60.25 times. The IPO attract 14,863 applications or 428.7 million shares.
Notices of Allotment will be dispatched by post to all successful applicants on or before 24th July 2014. Heng Huat Resources is expected to be listed on the Main Market of Bursa Malaysia on 25th July 2014 under stock name “HHGROUP”.
Below are the allotment summary.
Allotment summary for Bumiputera portion
| Denomination (unit) | No of Application | No of Successful Application | % Chance | Share / Successful Applications | |
|---|---|---|---|---|---|
| From | to | ||||
| 100 | 900 | 83 | 11 | 13.25 | 100 |
| 1,000 | 1,900 | 120 | 2 | 1.67 | 1,000 |
| 2,000 | 2,900 | 109 | 3 | 2.75 | 1,000 |
| 3,000 | 3,900 | 64 | 3 | 4.69 | 1,000 |
| 4,000 | 5,900 | 192 | 10 | 5.21 | 1,000 |
| 6,000 | 10,900 | 1,163 | 71 | 6.10 | 1,000 |
| 11,000 | 19,900 | 1,344 | 98 | 7.29 | 4,000 |
| 20,000 | 49,900 | 3,035 | 275 | 9.06 | 6,000 |
| 50,000 | 99,900 | 568 | 60 | 10.56 | 10,000 |
| 100,000 | 199,900 | 284 | 35 | 12.32 | 20,000 |
| 200,000 | 499,900 | 134 | 20 | 14.93 | 30,000 |
| 500,000 | 999,900 | 30 | 6 | 20.00 | 40,000 |
| 1,000,000 | ABOVE | 4 | 4 | 100.00 | 60,000 |
| 7,130 | 598 | ||||
Allotment summary for Public portion
| Denomination (unit) | No of Application | No of Successful Application | % Chance | Share / Successful Applications | |
|---|---|---|---|---|---|
| From | to | ||||
| 100 | 900 | 146 | 10 | 6.85 | 100 |
| 1,000 | 1,900 | 319 | 5 | 1.57 | 1,000 |
| 2,000 | 2,900 | 305 | 5 | 1.64 | 1,000 |
| 3,000 | 3,900 | 212 | 4 | 1.89 | 1,000 |
| 4,000 | 5,900 | 523 | 10 | 1.91 | 1,000 |
| 6,000 | 10,900 | 1,852 | 35 | 1.89 | 1,000 |
| 11,000 | 19,900 | 2,695 | 60 | 2.23 | 4,000 |
| 20,000 | 49,900 | 5,596 | 150 | 2.68 | 6,000 |
| 50,000 | 99,900 | 1,585 | 45 | 2.84 | 10,000 |
| 100,000 | 199,900 | 645 | 24 | 3.72 | 20,000 |
| 200,000 | 499,900 | 210 | 11 | 5.24 | 30,000 |
| 500,000 | 999,900 | 42 | 8 | 19.05 | 40,000 |
| 1,000,000 | ABOVE | 12 | 12 | 100.00 | 60,000 |
| 14,142 | 379 | ||||
Details information are available in Bursa Malaysia webpage.