IPO Allotment

Leon Fuat IPO Oversubscribed by 23.32 times


Leon Fuat

Leon Fuat Berhad Initial Public Offering (IPO) received an overwhelming response with its public portion of 15.5 million shares. It was oversubscribed by 23.32 times. The IPO attract 14,132 applications or 377 million shares.

Pursuant, to the terms of the prospectus, 5.35 million shares initially reserved for application by Bumiputera Investors were made available to the Bumiputera public.

Below are the allotment summary.

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CLIQ Energy IPO Oversubscribed by 7.34 times

CLIQ EnergyCLIQ Energy Berhad Initial Public Offering (IPO) received an good response with its public portion of 10 million shares. It was oversubscribed by 7.34 times. The IPO attract 4,111 applications or 83.42 million shares.

A total of 402.4 million were being place out by way of placement to selected investors. In addition, 73.42 million from private placement portion transferred to retail portion. As such, 73.42 million shares were made available for retail portion and all retails applicants will received the exact number of shares that they apply.

Notices of Allotment will be dispatched by post to all successful applicants on or before 9th April 2013. CLIQ Energy is expected to be listed on the Main Market of Bursa Malaysia on 10th April 2013 under stock name “CLIQ”.

Details information are available in Bursa Malaysia webpage.

Tune Ins Holdings IPO Oversubscribed by 2.07 times

Tune Ins HoldingsTune Ins Holdings Berhad Initial Public Offering (IPO) received an overwhelming response with its public portion of 37.6 million shares. It was oversubscribed by 2.07 times. The IPO attract 8,366 applications or 115.4 million shares.

The Institutional Price was fixed at RM1.35 per Offer Share. Accordingly, the Final IPO Price for the Retail Offering is fixed at RM1.35 per Offer Share. The difference of RM0.20 per IPO Share will be dispatched to successful retail applicants within 10 market days from 7th February 2013.

Below are the allotment summary.

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Hiap Huat Holdings IPO Oversubscribed by 136.10 times

Hiap Huat Holdings

Hiap Huat Holdings Berhad Initial Public Offering (IPO) received an overwhelming response with its public portion of 5 million shares. It was oversubscribed by 136.10 times. The IPO attract 10,263 applications or 685.5 million shares.

The IPO allocate 5 million shares for Malaysian public. In addition, 130 million shares made available for private placement has been placed out.

Below are the allotment summary.

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