IPO

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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Leon Fuat Berhad IPO

Leon FuatLeon Fuat Holdings Bhd, a company involved in the trading and processing of steel products is scheduled to be listed in Main Market of Bursa Malaysia on 5th June 2013.

The Initial Public Offering (IPO) consists of public issues of 59.31 million new ordinary shares and offer for sale of 31 million ordinary shares at an IPO price of RM0.60 per share and RM0.50 par value.

Out of this, 15.5 million shares are allocated for application by Malaysian public and 10 million shares reserved for the eligible directors, employees & person who contributed to the company. The remaining shares are for private placement.

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Matrix Concepts Holdings Berhad IPO

Matrix ConceptsMatrix Concepts Holdings Bhd, a property developer based in Negeri Sembilan is scheduled to be listed in Main Market of Bursa Malaysia on 28th May 2013.

The Initial Public Offering (IPO) consists of public issues of 62.5 million new ordinary shares and offer for sale of 37.5 million ordinary shares at an IPO price of RM2.20 per share and RM1.00 par value.

Out of this, 10 million shares are allocated for application by Malaysian public, 8.8 million shares reserved for the eligible directors and employees. The remaining shares are for private placement.

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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.