Tanah Makmur Berhad Initial Public Offering (IPO) received an overwhelming response with its public portion of 20 million shares. It was oversubscribed by 14.45 times. The IPO attract 16,828 applications or 309 million shares.
Notices of Allotment will be dispatched by post to all successful applicants on or before 14th July 2014. Tanah Makmur is expected to be listed on the Main Market of Bursa Malaysia on 17th July 2014 under stock name “TMAKMUR”.
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.
Tanah Makmur Bhd, Pahang based plantation company, is scheduled to be listed in Main Market of Bursa Malaysia on 17th July 2014.
The Initial Public Offering (IPO) consists of 52.14 million new ordinary shares and offer for sale of 49.45 million shares at an IPO price of RM1.25 per share at RM0.50 par value. 75.18 million will be for private placement, 26.41 million shares to the eligible persons and Malaysian public.
Econpile Holdings Berhad Initial Public Offering (IPO) received an overwhelming response with its public portion of 27 million shares. It was oversubscribed by 35.4 times. The IPO attract 24,663 applications or 982.7 million shares.
Notices of Allotment will be dispatched by post to all successful applicants on or before 27th June 2014. Econpile Holdings is expected to be listed on the Main Market of Bursa Malaysia on 30th June 2014 under stock name “ECONBHD”.
Below are the allotment summary.
Boustead Plantations Berhad Initial Public Offering (IPO) received an overwhelming response with its public portion of 64 million shares. It was oversubscribed by 6 times. The IPO attract 30,787 applications for 448 million shares.
The Institutional Price was fixed at RM1.60 per Offer Share. Accordingly, the Final IPO Price for the Retail Offering is fixed at RM1.60 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.