Bumi Armada Berhad Initial Public Offering (IPO) received an overwhelming response with its public portion of 58.6 million shares. It was oversubscribed by 9.50 times. The IPO attract 57,941 applications or 614.6 million shares.
The institutional IPO prices was fixed at RM3.03 per share. Accordingly, the final retail price was fixed at RM3.03 per shares. The refund of RM0.12 per share will be send to successful retail applicants by 10 market days.
29.3 million shares were allocated for Bumiputera category while 29.3 million shares were allocated for Malaysian Public category. Below are the allotment summary for public portion.
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Inari Berhad Initial Public Offering (IPO) received an overwhelming response with its public portion of 10 million shares. It was oversubscribed by 10.42 times. The IPO attract 6,308 applications or 114.2 million shares.
The new 62.6 million shares allocated for private placement were successfully being placed out. On top of that, 10.4 million new shares make available under pink form have been fully subscribed.
For retail public portion, 5 million shares were allocated for Bumiputera category while 5 million shares were allocated for Malaysian Public category.
Below are the allotment summary for retail public portion.
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OldTown Berhad Initial Public Offering (IPO) received an good response with its public portion of 10 million shares. It was oversubscribed by 10.76 times. The IPO attract 9,366 applications or 117.6 million shares.
5 million shares were allocated for each Bumiputera and Malaysian Public category. In addition 2.35 million shares which initially allocated to Bumiputera investors approved by MITI were made available to Bumiputera category.
Below are the allotment summary.
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Bumi Armada Bhd, a leading international offshore oil field services contractor, is schedule to be listed in Main Market on 21st July 2011.
The Initial Public Offering (IPO) consists of 878.5 million ordinary shares at an IPO price of RM3.15 per share at RM0.20 par value.
Out of 878.5 million shares, 798.7 million shares are offered to Malaysian and foreign institutional and selected investors and a retail offering of 79.86 million shares to the Malaysian public and directors & employees of Bumi Armada Berhad.
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Hibiscus Petroleum Bhd, the first Special Purpose Acquisition Company (SPAC) to be listed in Main Market on 25th July 2011.
SPAC is a company which has no operations or income generating business at the point of IPO but undertakes an IPO with the intention of acquiring operating companies/businesses with the proceeds raised from the IPO.
The Initial Public Offering (IPO) consists of 200 to 400 million ordinary shares at an IPO price of RM0.75 per share at RM0.01 par value. It comes with 1 free detachable warrant for each share. 10 million shares are offered to Malaysian public.
The warrants will be listed and tradable from the date of listing, with an exercise price at a discount of approximately 33% to the issue price of RM0.75 per share.
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