Trading & Services Sector

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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7-Eleven Malaysia IPO Oversubscribed by 4.8 times

7-Eleven Malaysia7-Eleven Malaysia Holdings Berhad Initial Public Offering (IPO) received an overwhelming response with its public portion of 34 million shares. It was oversubscribed by 4.8  times. The IPO attract 12,761 applications for 195.78 million shares.

The Institutional Price was fixed at RM1.38 per Offer Share. Accordingly, the Final IPO Price for the Retail Offering is fixed at RM1.38 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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7-Eleven Malaysia Holdings Berhad IPO

7-Eleven Malaysia7-Eleven Malaysia Holdings Bhd, the operator of the country’s biggest convenience store, is scheduled to be listed in Main Market of Bursa Malaysia on 30th May 2014.

The Initial Public Offering (IPO) consists of 530.32 million shares. 490.78 million are set aside for cornerstone/institutional investors, 34.05 million shares for Malaysian Public and 5.5 million shares to the eligible person.

The retail price of the offering is RM1.38 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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Westport Holdings Berhad IPO

Westport HoldingsWestport Holdings Bhd, the operator of the country’s busiest port, is scheduled to be listed in Main Market of Bursa Malaysia on 18th October 2013.

The Initial Public Offering (IPO) consists of 813.19 million shares. 710.89 million are set aside for cornerstone/institutional investors and 102.3 million for Malaysian Public,employees and people who have contributed to the Westport group.

The retail price of the offering is RM2.50 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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