IPO

Sedania Innovator Berhad IPO


Sedania InnovatorSedania Innovator Bhd, a mobile services enabler, is scheduled to be listed in ACE Market of Bursa Malaysia on 29th June 2015.

The Initial Public Offering (IPO) consists of 51.467 million new ordinary shares at an IPO price of RM0.38 per share at RM0.10 par value. 41.467 million will be for private placement & selected investors, 9 million shares to the Malaysian public and 1 million shares for eligible directors & employees of Sedania Innovator Berhad.

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Dolphin International IPO Oversubscribed by 6.17 times


Dolphin International BerhadDolphin International Berhad Initial Public Offering (IPO) received an overwhelming response with its public portion of 15 million shares. It was oversubscribed by 6.17 times. The IPO attract 4,468 applications or 107.6 million shares.

Notices of Allotment will be dispatched by post to all successful applicants on or before 8th June 2015. Dolphin International is expected to be listed on the Main Market of Bursa Malaysia on 9th June 2015 under stock name “DOLPHIN”.

Below are the allotment summary.

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Dolphin International Berhad IPO

Dolphin International BerhadDolphin International Bhd, a company involved in the design, development, fabrication and sale of palm oil machinery, is scheduled to be listed in Main Market of Bursa Malaysia on 9th June 2015.

The Initial Public Offering (IPO) consists of 46 million new ordinary shares at an IPO price of RM0.68 per share at RM0.20 par value. 22.75 million will be for private placement & selected investors, 15 million shares to the Malaysian public and 8.25 million shares for eligible directors & employees of Dolphin International Berhad and its subsidiaries.

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Malakoff Corporation IPO Oversubscribed by 1.24 times

Malakoff Corporation BerhadMalakoff Corporation Berhad Initial Public Offering (IPO) received an overwhelming response with its public portion of 150 million shares. It was oversubscribed by 1.24  times. The IPO attract 21,880 applications for 335.3 million shares. On the other hand, the 1.28 billions shares allocated to institutional investors oversubscribed by 13 times.

The Institutional Price was fixed at RM1.80 per Offer Share. Accordingly, the Final IPO Price for the Retail Offering is fixed at RM1.80 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.

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Malakoff Corporation Berhad IPO

Malakoff Corporation BerhadMalakoff Corporation Bhd, the largest independent power producer (IPP) in Malaysia, is scheduled to be listed in Main Market of Bursa Malaysia on 15th May 2015. This IPO will likely be the biggest in Malaysia this year.

The Initial Public Offering (IPO) consists of 1.52 billion shares, comprising of an offer for sale of up to 521 million existing shares and a public issue of 1 billion new shares. The retail offering portion involve 242.5 million shares would be for eligible directors, staff, people who contributed the company and Malaysian public.

The retail price of the offering is RM1.80 per share at RM0.10 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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