Ikhmas Jaya Group Bhd, a piling specialist company, is scheduled to be listed in Main Market of Bursa Malaysia on 27th July 2015.
The Initial Public Offering (IPO) consists of 126 million new ordinary shares and offer for sale of 56 million shares at an IPO price of RM0.57 per share at RM0.25 par value. 130 million shares will be for private placement & selected investors, 26 million shares to the Malaysian public and 26 million shares for eligible directors & employees of Ikhmas Jaya Group Berhad.
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Sunway Construction Group Bhd, the construction arm of Sunway Bhd, is scheduled to be listed in Main Market of Bursa Malaysia on 28th July 2015.
The Initial Public Offering (IPO) will involve distribution of 175 million shares to entitled Sunway Berhad shareholders on the basis of one for every 10 shares held, offer for sale of 327.6 million shares to Malaysian and foreign institutional and selected investors and retail offering of 71.1 million shares to eligible directors, employees and Malaysian public.
The retail price of the offering is RM1.20 per share at RM0.20 par value. The final retail price will be determine through book building exercise. If the final retail price is less than the retail price, there will be a refund to the retail investors.
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Sedania Innovator Berhad Initial Public Offering (IPO) received an overwhelming response with its public portion of 9 million shares. It was oversubscribed by 20.29 times. The IPO attract 8,103 applications or 191.6 million shares.
Notices of Allotment will be dispatched by post to all successful applicants on or before 26th June 2015. Sedania Innovator is expected to be listed on the ACE Market of Bursa Malaysia on 29th June 2015 under stock name “SEDANIA”.
Below are the allotment summary.
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Xin Hwa Holdings Berhad Initial Public Offering (IPO) received an overwhelming response with its public portion of 9 million shares. It was oversubscribed by 18.74 times. The IPO attract 8,214 applications or 177.7 million shares.
Notices of Allotment will be dispatched by post to all successful applicants on or before 26th June 2015. Xin Hwa Holdings is expected to be listed on the Main Market of Bursa Malaysia on 30th June 2015 under stock name “XINHWA”.
Below are the allotment summary.
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Xin Hwa Holdings Bhd, a Johor based integrated logistics service provider, is scheduled to be listed in Main Market of Bursa Malaysia on 30th June 2015.
The Initial Public Offering (IPO) consists of 37.782 million new ordinary shares and offer for sale of 16.218 million shares at an IPO price of RM0.70 per share at RM0.50 par value. 42 million will be for private placement & selected investors, 9 million shares to the Malaysian public and 3 million shares for eligible directors & employees of Xin Hwa Holdings Berhad.
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