Dolphin International Berhad Initial Public Offering (IPO) received an overwhelming response with its public portion of 15 million shares. It was oversubscribed by 6.17 times. The IPO attract 4,468 applications or 107.6 million shares.
Notices of Allotment will be dispatched by post to all successful applicants on or before 8th June 2015. Dolphin International is expected to be listed on the Main Market of Bursa Malaysia on 9th June 2015 under stock name “DOLPHIN”.
Below are the allotment summary.
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Not satisfied with your life or looking to be inspired in your business/daily life or looking forward to start/expand your business? Look no further. Introducing, National Achievers Congress (NAC) 2015, an inspiration, motivation, business opportunities, investments, wealth creation & wellness events, which will be coming to Kuala Lumpur in July 2015.
The motto for this year event is Courage to Succeed – Start Where you are and Go Where you Dare to Dream.
Similar to NAC 2014, this event will feature many top international speakers. This year, Lizzie Velasquez will be the featured speakers. Hear her stories and be prepared to be inspired.
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Dolphin International Bhd, a company involved in the design, development, fabrication and sale of palm oil machinery, is scheduled to be listed in Main Market of Bursa Malaysia on 9th June 2015.
The Initial Public Offering (IPO) consists of 46 million new ordinary shares at an IPO price of RM0.68 per share at RM0.20 par value. 22.75 million will be for private placement & selected investors, 15 million shares to the Malaysian public and 8.25 million shares for eligible directors & employees of Dolphin International Berhad and its subsidiaries.
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Just as everyone has long expected, the EPF is finally beating the war drum of upping the withdrawal age, in trying to be logical and in trying to be in lockstep with the retirement age. This will of course deny millions of contributors of early access to their hard-earned money. To avoid huge public backlash, the EPF decided to perform a “market survey” first, just to have a taste what the public is actually thinking. Ever since the government pushed the retirement age upward to 60 years old, the threat of higher withdrawal age is always looming large for all Malaysians.
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Malakoff Corporation Berhad Initial Public Offering (IPO) received an overwhelming response with its public portion of 150 million shares. It was oversubscribed by 1.24 times. The IPO attract 21,880 applications for 335.3 million shares. On the other hand, the 1.28 billions shares allocated to institutional investors oversubscribed by 13 times.
The Institutional Price was fixed at RM1.80 per Offer Share. Accordingly, the Final IPO Price for the Retail Offering is fixed at RM1.80 per Offer Share as set out in the prospectus. As such there is no refund to be made to successful retail applicants.
Below are the allotment summary.
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