IPO

IGB REIT IPO Oversubscribed by 21.75 times


Pavilion REIT (Real Estate Investment Trust) Initial Public Offering (IPO) received an overwhelming response with its public portion of 34  million units. It was oversubscribed by 21.75times. The IPO attracted 32,781 applications or 773.6 million units.

In addition, 24.5 million units initially set aside for eligible directors and employees were made available for Malaysian Public.

Institutional and retail price was fixed at RM1.25 per unit.

Below is the allotment summary.

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IGB REIT (Real Estate Investment Trust) IPO


IGB REIT (Real Estate Investment Trust) is scheduled to be listed in Main Market of Bursa Malaysia on the 21st September 2012. The Initial Public Offering (IPO) consists of 670 million units at an indicative IPO price of RM1.25 per unit.

Out of these, 469 million units are offered to Malaysian and foreign institutional and selected investors and a retail offering of 201 million units to the public, eligible directors and employees of the group.

The institutional price will be determined by way of book building while for the retail application, it is payable at RM1.25 upon application. If the final retail price is lower, the difference will be refunded.

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Datasonic Group IPO Oversubscribed by 14.16 times

Datasonic Group Berhad Initial Public Offering (IPO) received an overwhelming response with its public portion of 6 million shares. It was oversubscribed by 14.16 times. The IPO attract 8,060 applications or 90.99 million shares.

The IPO allocate 6 million shares for public. Of these, 3 million shares were allocated for Bumiputera category while 3 million shares were allocated for Malaysian Public category.

Below are the allotment summary.

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Datasonic Group Berhad IPO

Datasonic Group Bhd, a leading secure ID and smart card personalisation solutions provider is scheduled to be listed in Main Market of Bursa Malaysia on 3rd September 2012.

The Initial Public Offering (IPO) consists of public issues of 20.4 million new ordinary shares and offer for sale of  7.9 million shares existing shares at an IPO price of RM2.00 per share at RM0.50 par value.

Out of 20.4 million new ordinary shares, 1.8 million shares are for private placement to selected investors, 8.5 million shares for Bumiputera investor approved by MITI, 6 million shares for application by Malaysian public and the remaining 4 million shares are made available to directors, employees and persons who have contributed to the group.

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Pasukhas Group Berhad IPO

Pasukhas GroupPasukhas Group Bhd, a Mechanical and electrical (M&E) engineering services provider is scheduled to be listed in ACE Market of Bursa Malaysia on 29th August 2012.

The Initial Public Offering (IPO) consists of public issues of 90 million new ordinary shares at an IPO price of RM0.12 per share at RM0.10 par value.

Out of 90 million new ordinary shares, 55 million shares are for private placement to selected investors, 10 million shares for application by Malaysian public and the remaining 25 million shares are made available to directors, employees and persons who have contributed to the group.

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