Karex IPO Oversubscribed by 21.76 times


Karex Berhad

Karex Berhad Initial Public Offering (IPO) received an overwhelming response with its public portion of 13.5 million shares. It was oversubscribed by 21.76 times. The IPO attract 20,795 applications or 307.3 million shares.

Notices of Allotment will be dispatched by post to all successful applicants on or before 4th November 2013. Karex is expected to be listed on the Main Market of Bursa Malaysia on 6th November 2013 under stock name “KAREX”.

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 31 1 3.23 100
300 900 12 1 8.33 300
1,000 1,900 224 20 8.93 1,000
2,000 2,900 298 32 10.74 2,000
3,000 3,900 603 71 11.77 3,000
4,000 5,900 641 81 12.64 4,000
6,000 10,900 3,058 420 13.73 5,000
11,000 19,900 1,167 170 14.57 6,000
20,000 49,900 685 105 15.33 8,000
50,000 99,900 158 100 63.29 10,000
100,000 199,900 107 80 74.77 12,000
200,000 499,900 12 9 75.00 14,000
500,000 999,900 4 4 100.00 16,000
1,000,000 ABOVE 1 1 100.00 18,600
7,001 1,095


Allotment summary for Public portion

Denomination No of Application No of Successful Application % Chance Share / Successful Applications
From to
100 200 89 1 1.12 100
300 900 85 3 3.53 300
1,000 1,900 1,279 21 1.64 1,000
2,000 2,900 987 20 2.04 2,000
3,000 3,900 1,286 50 3.89 3,000
4,000 5,900 1,605 65 4.05 4,000
6,000 10,900 5,450 277 5.08 5,000
11,000 19,900 4,256 281 6.60 6,000
20,000 49,900 3,228 231 7.16 8,000
50,000 99,900 731 60 8.21 10,000
100,000 199,900 325 30 9.23 12,000
200,000 499,900 70 15 21.43 14,000
500,000 999,900 20 6 30.00 16,000
1,000,000 ABOVE 14 5 35.71 18,600
19,416 1,065



Details information are available in Bursa Malaysia webpage.



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