IPO Allotment

Rhone Ma Holdings IPO Oversubscribed by 22.46 times


Rhone Ma HoldingsRhone Ma Holdings Berhad Initial Public Offering (IPO) received an overwhelming response with its public portion of 8.3 million shares. It was oversubscribed by 22.46 times. The IPO attract 6,784 applications for 194.75 million shares.

Notices of Allotment will be dispatched by post to all successful applicants on or before 16th December 2016. Rhone Ma Holdings Berhad is expected to be listed on the Main Market of Bursa Malaysia on 19th December 2016 under stock name “RHONEMA”.

Below are the allotment summary.

[continue reading…]

HSS Engineers IPO Oversubscribed by 21.71 times


HSS Engineers BerhadHSS Engineers Berhad Initial Public Offering (IPO) received an overwhelming response with its public portion of 15.95 million shares. It was oversubscribed by 21.71 times. The IPO attract 8,737 applications for 362.3 million shares.

Notices of Allotment will be dispatched by post to all successful applicants on or before 8th August 2016. HSS Engineers Berhad is expected to be listed on the ACE Market of Bursa Malaysia on 10th August 2016 under stock name “HSS”.

Below are the allotment summary.

[continue reading…]

Dancomech Holdings IPO Oversubscribed by 26.84 times

Dancomech HoldingsDancomech Holdings Berhad Initial Public Offering (IPO) received an overwhelming response with its public portion of 7.5 million shares. It was oversubscribed by 26.84 times. The IPO attract 8,603 applications for 208.8 million shares. 0.76 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 20th July 2016. Dancomech Holdings Berhad is expected to be listed on the Main Market of Bursa Malaysia on 21st July 2016 under stock name “DANCO”.

Below are the allotment summary.

[continue reading…]

Salutica IPO Oversubscribed by 9.98 times

Salutica BerhadSalutica Berhad Initial Public Offering (IPO) received an overwhelming response with its public portion of 19.4 million shares. It was oversubscribed by 9.98 times. The IPO attract 9,647 applications for 212.98 million shares.

Notices of Allotment will be dispatched by post to all successful applicants on or before 18th May 2016. Salutica Berhad is expected to be listed on the ACE Market of Bursa Malaysia on 19th April 2016 under stock name “SALUTE”.

Below are the allotment summary.

[continue reading…]

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.

[continue reading…]