Kanger International Berhad Initial Public Offering (IPO) received an overwhelming response with its public portion of 11 million shares. It was oversubscribed by 60.57 times. The IPO attract 11,529 applications or 677.3 million shares.
Notices of Allotment will be dispatched by post to all successful applicants on or before 20th December 2013. Kanger International is expected to be listed on the ACE Market of Bursa Malaysia on 23rd December 2013 under stock name “KANGER”.
Below are the allotment summary.
Allotment summary for Bumiputera portion
| Denomination | No of Application | No of Successful Application | % Chance | Share / Successful Applications | |
|---|---|---|---|---|---|
| From | to | ||||
| 100 | 200 | 13 | 1 | 7.69 | 100 |
| 300 | 900 | 11 | 3 | 27.27 | 300 |
| 1,000 | 1,900 | 54 | 5 | 9.26 | 1,000 |
| 2,000 | 2,900 | 57 | 6 | 10.53 | 1,000 |
| 3,000 | 3,900 | 26 | 3 | 11.54 | 2,000 |
| 4,000 | 5,900 | 99 | 12 | 12.12 | 2,000 |
| 6,000 | 10,900 | 521 | 70 | 13.44 | 3,000 |
| 11,000 | 19,900 | 520 | 74 | 14.23 | 4,000 |
| 20,000 | 49,900 | 1,653 | 259 | 15.67 | 5,000 |
| 50,000 | 99,900 | 1,330 | 221 | 16.62 | 6,000 |
| 100,000 | 199,900 | 1,609 | 280 | 17.40 | 7,000 |
| 200,000 | 499,900 | 163 | 30 | 18.40 | 8,000 |
| 500,000 | 999,900 | 36 | 9 | 25.00 | 9,000 |
| 1,000,000 | ABOVE | 10 | 5 | 50.00 | 10,000 |
| 6,102 | 978 | ||||
Allotment summary for Public portion
| Denomination | No of Application | No of Successful Application | % Chance | Share / Successful Applications | |
|---|---|---|---|---|---|
| From | to | ||||
| 100 | 200 | 26 | 1 | 3.85 | 100 |
| 300 | 900 | 24 | 3 | 12.50 | 300 |
| 1,000 | 1,900 | 125 | 6 | 4.80 | 1,000 |
| 2,000 | 2,900 | 106 | 6 | 5.66 | 1,000 |
| 3,000 | 3,900 | 48 | 3 | 6.25 | 2,000 |
| 4,000 | 5,900 | 224 | 15 | 6.70 | 2,000 |
| 6,000 | 10,900 | 769 | 55 | 7.15 | 3,000 |
| 11,000 | 19,900 | 778 | 60 | 7.71 | 4,000 |
| 20,000 | 49,900 | 2,714 | 220 | 8.11 | 5,000 |
| 50,000 | 99,900 | 2,628 | 260 | 9.89 | 6,000 |
| 100,000 | 199,900 | 2,344 | 240 | 10.24 | 7,000 |
| 200,000 | 499,900 | 352 | 42 | 11.93 | 8,000 |
| 500,000 | 999,900 | 87 | 30 | 34.48 | 9,000 |
| 1,000,000 | ABOVE | 20 | 10 | 50.00 | 10,000 |
| 10,245 | 951 | ||||
Details information are available in Bursa Malaysia webpage.
Another “Goreng” counter. Don’t get fried my friends! 🙂
Bro, do you apply for this IPO?
Nope. Never apply this one. Too risky.. ha ha
get it…. this is for speculate:) how many percent will up for first day ^^
Good luck to you!