UMW Oil & Gas Corporation Berhad Initial Public Offering (IPO) received an overwhelming response with its public portion of 43.2 million shares. It was oversubscribed by 10.72 times. The IPO attract 38,806 applications for 506.6 million shares.
The Institutional Price was fixed at RM2.80 per Offer Share. Accordingly, the Final IPO Price for the Retail Offering is fixed at RM2.80 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.