This is about an IPO that i subscribed for 3000 unit at 0.97
IPO: KIMLUN
One-stop engineering and construction services provider Kimlun Corporation Bhd's initial public offer (IPO) of 11.45 million new ordinary shares of RM0.50 each, has been oversubscribed by 2.79 times.
A total of 2,491 applications for 43.415 million shares with a value of RM42.113 million were received, Kimlun said in a statement today.
For the Bumiputera portion, a total of 560 applications for 7.636 million shares were received, which represents an oversubscription rate of 0.33 times.
For the public category, 1,931 applications for 35.779 million shares were received.
Kimlun said for the 23.46 million shares made available by private placement for Bumiputera investors approved by the Ministry of International Trade and Industry (MITI), 18.17 million shares were allocated.
The balance of 5.29 million unallocated shares were firstly made available for application by the Bumiputera public and then reallocated to the Malaysian public. -- Bernama
Read more: Kimlun IPO oversubscribed 2.79 times http://www.btimes.com.my/Current_News/BTIMES/articles/20100623172241/Article/index_html#ixzz0rfyefbAt
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