Prestariang IPO Oversubscribed by 7.10 times


Prestariang Berhad

Prestariang Berhad Initial Public Offering (IPO) received an overwhelming response with its public portion of 30 million shares. It was oversubscribed by 7.10 times. The IPO attract 13,355 applications or 243.1 million shares.

In addition, 40 million shares made available for private placement to identified investors have been placed out.

The IPO allocate 30 million shares for public. Of these, 15 million shares were allocated for Bumiputera category while 15 million shares were allocated for Malaysian Public category.

Below are the allotment summary for public portion.

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 20 3 15.00 300
1,000 1,900 373 62 16.62 1,000
2,000 2,900 160 28 17.50 2,000
3,000 3,900 365 67 18.36 3,000
4,000 5,900 356 70 19.66 4,000
6,000 10,900 1,269 260 20.49 6,000
11,000 19,900 1,269 271 21.36 10,000
20,000 49,900 1,837 418 22.75 18,000
50,000 99,900 269 63 23.42 22,000
100,000 199,900 98 40 40.82 24,000
200,000 499,900 14 10 71.43 26,000
6,061 1,293

Allotment summary for Public portion

Denomination No of Application No of Successful Application % Chance Share / Successful Applications
From to
100 200 49 1 2.04 100
300 900 33 1 3.03 300
1,000 1,900 693 32 4.62 1,000
2,000 2,900 385 20 5.19 2,000
3,000 3,900 562 35 6.23 3,000
4,000 5,900 664 50 7.53 4,000
6,000 10,900 2,018 180 8.92 6,000
11,000 19,900 2,659 264 9.93 10,000
20,000 49,900 3,533 385 10.90 18,000
50,000 99,900 892 105 11.77 22,000
100,000 199,900 287 37 12.89 24,000
200,000 499,900 60 21 35.00 26,000
500,000 999,900 9 6 66.67 28,000
1,000,000 ABOVE 2 2 100.00 30,300
11,846 1,139

Notices of Allotment will be dispatched by post to all successful applicants on or before 26th July 2011. Prestariang is expected to be listed on the Main Market of Bursa Malaysia on 27th July 2011 under stock name “PRESBHD”.

Details information are available in Bursa Malaysia webpage.



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