Pecca Group Berhad Initial Public Offering (IPO) received an overwhelming response with its public portion of 9.4 million shares. It was oversubscribed by 13.11 times. The IPO attract 8,047 applications for 132.6 million shares.
Notices of Allotment will be dispatched by post to all successful applicants on or before 18th April 2016. Pecca Group Berhad is expected to be listed on the Main Market of Bursa Malaysia on 19th April 2016 under stock name “PECCA”.
Below are the allotment summary.
Pecca Group Berhad, an automotive leather upholstery supplier is scheduled to be listed in Main Market of Bursa Malaysia on the 19th April 2016.
The Initial Public Offering (IPO) consists of 47.8 million new ordinary shares and offer for sale of 43.3 millions shares at an IPO price of RM1.42 per share at RM0.50 par value. 72.33 million shares will be for private placement & selected investors, 9.4 million shares to the Malaysian public and the remaining 9.4 million shares made available for eligible directors, employees and business associates of Pecca Group..
Amanah Saham Bumiputera 2 (ASB2) unitholders will receive a dividend of 7.05 sen per unit for the financial year ending 31st March 2016. The dividend is lower than 7.5 sen dividend and 0.25 sen of special dividend paid in 2015.
Kindly refer to “Historical Amanah Saham Bumiputera 2 (ASB2) Dividend Rate” page.
Bank Kerjasama Rakyat Malaysia Bhd (Bank Rakyat) declares 13 percent cash dividend amounting RM385 million to its members for financial year end 31st December 2015.
The dividend, however lower that 15% declared in 2014.
For previous year dividend rate, kindly browse “Historical Bank Rakyat Dividend Rate” page.
Bison Consolidated Berhad, a convenience retailing company is scheduled to be listed in Main Market of Bursa Malaysia on the 29th March 2016.
The Initial Public Offering (IPO) consists of 80.62 million ordinary shares at an IPO price of RM1.10 per share at RM0.20 par value. 62.32 million shares will be for private placement & selected investors, 15.5 million shares to the Malaysian public and the remianing 2.8 million shares for eligible person.
The institutional price will be determined by way of book building while for the retail application, it is payable at RM1.10 upon application. If the final retail price is lower, the difference will be refunded accordingly.