Kanger International IPO Oversubscribed by 60.57 times


Kanger International

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.



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