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|
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.