Kronologi Asia Berhad Initial Public Offering (IPO) received an overwhelming response with its public portion of 4.74 million shares. It was oversubscribed by 35.50 times. The IPO attract 5.545 applications or 172.98 million shares.
Notices of Allotment will be dispatched by post to all successful applicants on or before 12th December 2014. Kronologi Asia is expected to be listed on the ACE Market of Bursa Malaysia on 15th December 2014 under stock name “KRONO”.
Below are the allotment summary.
Heng Huat Resources Berhad Initial Public Offering (IPO) received an overwhelming response with its public portion of 7 million shares. It was oversubscribed by 60.25 times. The IPO attract 14,863 applications or 428.7 million shares.
Notices of Allotment will be dispatched by post to all successful applicants on or before 24th July 2014. Heng Huat Resources is expected to be listed on the Main Market of Bursa Malaysia on 25th July 2014 under stock name “HHGROUP”.
Below are the allotment summary.
Heng Huat Resources Group Bhd, a company involved in manufacturing and trading of coconut and oil palm biomass materials, is scheduled to be listed in ACE Market of Bursa Malaysia on 25th July 2014.
The Initial Public Offering (IPO) consists of 46.5 million new ordinary shares and offer for sale of 14.66 million shares at an IPO price of RM0.45 per share at RM0.10 par value. 49.16 million shares will be for private placement, 5 million shares to the eligible employees while the remaining 7 million shares will be opened to the Malaysian public.
SCH Group Bhd, a Quarry industrial products company is scheduled to be listed in ACE Market of Bursa Malaysia on 13th February 2014.
The Initial Public Offering (IPO) consists of public issues of 90.7 million new ordinary shares and offer for sale of 33 million shares at an IPO price of RM0.23 per share and par value RM0.10.
Out of this, 13 million shares are allocated for application by Malaysian public and 13 million shares reserved for the eligible directors, employees and business associates or person contributed to the company. The remaining shares are for private placement.
Kanger International Bhd, bamboo flooring manufacturer is scheduled to be listed in ACE Market of Bursa Malaysia on 23rd December 2013.
The Initial Public Offering (IPO) consists of public issues of 80 million new ordinary shares at an IPO price of RM0.25 per share at RM0.10 par value.
Out of this, 11 million shares are allocated for application by Malaysian public and 6.9 million shares reserved for selected investors.