Property Sector

IOI Properties Group Berhad IPO


IOI PropertiesIOI Properties Group Bhd, a property developer is scheduled to be listed in Main Market of Bursa Malaysia on 15th January 2014.

The Initial Public Offering (IPO) will be distributed in the following manner.

  • 2.1 billions of ordinary shares will be distributed to existing IOI Corporation Berhad shareholder on a basis of 1 IOI Properties Group shares for every 3 existing IOI Corporation held as at 5pm 23rd December 2013.
  • Offer for sale of 1.1 billion of ordinary shares to existing IOI Corporation Berhad shareholder on a basis of 1 IOI Properties Group shares for every 6 existing IOI Corporation held as at 5pm 23rd December 2013. The offer price is RM1.76 at RM1.00 par value.

[continue reading…]

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.

[continue reading…]

Gabungan AQRS Berhad IPO

Gabungan AQRS Berhad

Gabungan AQRS Bhd, a construction and property developer is scheduled to be listed in Main Market of Bursa Malaysia on 31st July 2012.

The Initial Public Offering (IPO) consists of public issues of 62 million new ordinary shares and offer for sale of 30 million of existing shares for private placement at an IPO price of RM1.18 per share at RM0.25 par value.

Out of 62 million new ordinary shares, 38 million shares are for private placement to selected investors, 18 million shares for application by Malaysian public and the remaining 6 million shares are made available to directors, employees and business associates of Gabungan AQRS Berhad.

[continue reading…]

Sentoria Group IPO Oversubscribed by 5.36 times

Sentoria Group Berhad

Sentoria Group Berhad Initial Public Offering (IPO) received an overwhelming response with its public portion of 20 million shares. It was oversubscribed by 5.36 times. The IPO attracted 6,829 applications or 127.2 million shares.

In addition, 30 million shares made available for private placement to identified investors have been placed out.

Below is the allotment summary.

[continue reading…]

Sentoria Group Berhad IPO

Sentoria Group Berhad

Sentoria Group Bhd, a property developer, general & civil engineering, and hotel & theme park operator is scheduled to be listed in Main Market on 23rd February 2012.

The Initial Public Offering (IPO) consists of public issues of 60 million new ordinary shares at an IPO price of RM0.87 per share at RM0.20 par value.

Out of 60 million shares, 30 million shares are for private placement to selected investors, 20 million shares for application by Malaysian public and the remaining 10 million shares are made available to directors, employees and business associates of Sentoria Group Berhad.

On top of that 40 million existing shares are for sale to the selected Bumiputera investors approved by MITI.

[continue reading…]