LKL International IPO Oversubscribed by 92.84 times


LKL International BerhadLKL International Berhad Initial Public Offering (IPO) received an overwhelming response with its public portion of 8 million shares. It was oversubscribed by 92.84 times. The IPO attract 12,642 applications for 750.7 million shares. 9.32 million new shares initially reserve to the Bumiputera investors under MITI, were made available to Malaysian Bumiputera.

Notices of Allotment will be dispatched by post to all successful applicants on or before 13th May 2016. LKL International Berhad is expected to be listed on the ACE Market of Bursa Malaysia on 19th April 2016 under stock name “LKL”.

Below are the allotment summary.

Allotment summary for Bumiputera portion

Denomination (unit) No of Application No of Successful Application % Chance Share / Successful Applications
From to
100 200 38 1 2.63 100
300 900 34 3 8.82 300
1,000 1,900 90 32 35.56 1,000
2,000 2,900 55 20 36.36 1,000
3,000 5,900 172 65 37.79 2,000
6,000 10,900 479 185 38.62 2,000
11,000 19,900 780 310 39.74 3,000
20,000 49,900 1,511 610 40.37 4,000
50,000 99,900 2,619 1,080 41.24 5,000
100,000 199,900 542 370 68.27 6,000
200,000 499,900 191 10 78.53 7,000
500,000 999,900 84 67 79.76 8,000
1,00,000 1,999,900 25 20 80.00 9,000
2,000,000 ABOVE 1 1 100.00 10,000
6,621 2,914

Allotment summary for Public portion

Denomination (unit) No of Application No of Successful Application % Chance Share / Successful Applications
From to
100 200 49 1 2.04 100
300 900 42 3 7.14 300
1,000 1,900 134 5 3.73 1,000
2,000 2,900 98 4 4.08 1,000
3,000 5,900 307 16 5.21 2,000
6,000 10,900 741 50 6.75 2,000
11,000 19,900 922 75 7.56 3,000
20,000 49,900 2,616 221 8.45 4,000
50,000 99,900 3,047 300 9.85 5,000
100,000 199,900 965 100 10.36 6,000
200,000 499,900 264 30 11.36 7,000
500,000 999,900 98 20 20.41 8,000
1,00,000 1,999,900 59 21 35.59 9,000
2,000,000 ABOVE 9 9 100.00 10,000
9,421 855



Details information are available in Bursa Malaysia webpage.



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