Tune Ins Holdings Berhad Initial Public Offering (IPO) received an overwhelming response with its public portion of 37.6 million shares. It was oversubscribed by 2.07 times. The IPO attract 8,366 applications or 115.4 million shares.
The Institutional Price was fixed at RM1.35 per Offer Share. Accordingly, the Final IPO Price for the Retail Offering is fixed at RM1.35 per Offer Share. The difference of RM0.20 per IPO Share will be dispatched to successful retail applicants within 10 market days from 7th February 2013.
Below are the allotment summary.
Allotment summary for Bumiputera portion
| Denomination | No of Application | No of Successful Application | % Chance | Share / Successful Applications | |
|---|---|---|---|---|---|
| From | to | ||||
| 100 | 200 | 28 | 8 | 28.57 | 100 |
| 300 | 900 | 16 | 10 | 62.50 | 300 |
| 1,000 | 1,900 | 136 | 108 | 79.41 | 1,000 |
| 2,000 | 2,900 | 85 | 68 | 80.00 | 2,000 |
| 3,000 | 3,900 | 112 | 91 | 81.25 | 3,000 |
| 4,000 | 5,900 | 400 | 328 | 82.00 | 4,000 |
| 6,000 | 10,900 | 746 | 626 | 83.91 | 6,000 |
| 11,000 | 19,900 | 1,305 | 1,109 | 84.98 | 8,000 |
| 20,000 | 49,900 | 428 | 368 | 85.98 | 10,000 |
| 50,000 | 99,900 | 88 | 77 | 87.50 | 12,000 |
| 100,000 | 199,900 | 34 | 30 | 88.24 | 14,000 |
| 200,000 | ABOVE | 19 | 19 | 100.00 | 16,000 |
| 3,397 | 2,842 | ||||
Allotment summary for Public portion
| Denomination | No of Application | No of Successful Application | % Chance | Share / Successful Applications | |
|---|---|---|---|---|---|
| From | to | ||||
| 100 | 200 | 46 | 11 | 23.91 | 100 |
| 300 | 900 | 27 | 9 | 33.33 | 300 |
| 1,000 | 1,900 | 415 | 209 | 50.36 | 1,000 |
| 2,000 | 2,900 | 291 | 151 | 51.89 | 2,000 |
| 3,000 | 3,900 | 271 | 142 | 52.40 | 3,000 |
| 4,000 | 5,900 | 429 | 230 | 53.61 | 4,000 |
| 6,000 | 10,900 | 1,134 | 623 | 54.94 | 6,000 |
| 11,000 | 19,900 | 1,456 | 814 | 55.91 | 8,000 |
| 20,000 | 49,900 | 874 | 498 | 56.98 | 10,000 |
| 50,000 | 99,900 | 220 | 126 | 57.27 | 12,000 |
| 100,000 | 199,900 | 82 | 54 | 65.85 | 14,000 |
| 200,000 | 499,900 | 20 | 15 | 75.00 | 16,000 |
| 500,000 | 999,900 | 9 | 9 | 100.00 | 18,000 |
| 1,000,000 | ABOVE | 1 | 1 | 100.00 | 28,000 |
| 5,275 | 2,892 | ||||
Notices of Allotment will be dispatched by post to all successful applicants on or before 19th February 2013. Tune Ins Holdings is expected to be listed on the Main Market of Bursa Malaysia on 20th February 2013 under stock name “TUNEINS”.
Details information are available in Bursa Malaysia webpage.
Listing date already changed to 20th February. You can check on Bursa’s website.
TQ for the information 🙂