IPO Allotment

Kanger International IPO Oversubscribed by 60.57 times


Kanger International

Kanger International Berhad Initial Public Offering (IPO) received an overwhelming response with its public portion of 11 million shares. It was oversubscribed by 60.57 times. The IPO attract 11,529 applications or 677.3 million shares.

Notices of Allotment will be dispatched by post to all successful applicants on or before 20th December 2013. Kanger International is expected to be listed on the ACE Market of Bursa Malaysia on 23rd December 2013 under stock name “KANGER”.

Below are the allotment summary.

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Titijaya Land IPO Oversubscribed by 19.34 times


Titijaya Land

Titijaya Land Berhad Initial Public Offering (IPO) received an overwhelming response with its public portion of 17 million shares. It was oversubscribed by 19.34 times. The IPO attract 20,674 applications or 345.7 million shares.

Pursuant to the terms of the Prospectus, 3.4 million shares initially reserved for application by Bumiputera investors approved by MITI were made available to the Bumiputera Public.

Notices of Allotment will be dispatched by post to all successful applicants on or before 26th November 2013. Titijaya Land is expected to be listed on the Main Market of Bursa Malaysia on 27th November 2013 under stock name “TITIJYA”.

Below are the allotment summary.

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Caring Pharmacy IPO Oversubscribed by 33.66 times

Caring Pharmacy

Caring Pharmacy Group Berhad Initial Public Offering (IPO) received an overwhelming response with its public portion of 10.9 million shares. It was oversubscribed by 33.66 times. The IPO attract 20,137 applications or 377.3 million shares.

Notices of Allotment will be dispatched by post to all successful applicants on or before 11th November 2013. Caring Pharmacy is expected to be listed on the Main Market of Bursa Malaysia on 13th November 2013 under stock name “CARING”.

Below are the allotment summary.

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Karex IPO Oversubscribed by 21.76 times

Karex Berhad

Karex Berhad Initial Public Offering (IPO) received an overwhelming response with its public portion of 13.5 million shares. It was oversubscribed by 21.76 times. The IPO attract 20,795 applications or 307.3 million shares.

Notices of Allotment will be dispatched by post to all successful applicants on or before 4th November 2013. Karex is expected to be listed on the Main Market of Bursa Malaysia on 6th November 2013 under stock name “KAREX”.

Below are the allotment summary.

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UMW Oil & Gas IPO Oversubscribed by 10.72 times

UMW Oil & GasUMW Oil & Gas Corporation Berhad Initial Public Offering (IPO) received an overwhelming response with its public portion of 43.2 million shares. It was oversubscribed by 10.72  times. The IPO attract 38,806 applications for 506.6 million shares.

The Institutional Price was fixed at RM2.80 per Offer Share. Accordingly, the Final IPO Price for the Retail Offering is fixed at RM2.80 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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