IGB REIT IPO Oversubscribed by 21.75 times


Pavilion REIT (Real Estate Investment Trust) Initial Public Offering (IPO) received an overwhelming response with its public portion of 34  million units. It was oversubscribed by 21.75times. The IPO attracted 32,781 applications or 773.6 million units.

In addition, 24.5 million units initially set aside for eligible directors and employees were made available for Malaysian Public.

Institutional and retail price was fixed at RM1.25 per unit.

Below is the allotment summary.

Denomination No of Application No of Successful Application % Chance Units / Successful Applications
From to
100 200 104 2 1.92 100
300 900 153 1 0.65 300
1,000 1,900 1,690 60 3.55 1,000
2,000 2,900 1,765 79 4.48 2,000
3,000 3,900 1,469 80 4.45 3,000
4,000 5,900 2,969 180 6.06 4,000
6,000 10,900 6,021 430 7.14 6,000
11,000 19,900 5,807 466 8.02 10,000
20,000 49,900 8,350 759 9.09 20,000
50,000 99,900 2,714 275 10.13 50,000
100,000 199,900 1,450 161 11.10 70,000
200,000 499,900 153 22 14.38 90,000
500,000 999,900 83 30 36.14 120,000
1,000,000 Above 53 27 50.94 160,000
32,781 2,572

 

Notices of Allotment will be dispatched by post to all successful applicants on or before 20th September 2012. IGB REIT is expected to be listed on the Main Market of Bursa Malaysia on 21st September under the stock name “IGBREIT”.

Detail’s information is available in Bursa Malaysia webpage.



5 comments… add one
  • applied through pbb,don’t know when can know.

    Reply
  • Hope will get this one man… Tried many times but tak pernah dapat ni.. -,-!!

    Reply
    • Have you seen the result yet?. I manage to get it. Hope it will perform well.

      Reply
  • Ghosss….Cant get it !!

    Reply
    • Yes, the chances were very small. But I’m quite lucky this time, manage to get it.

      Reply

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