IKHMAS JAYA GROUP BERHAD INITIAL PUBLIC OFFERING OF 182,000,000 ORDINARY SHARES OF RM0.25 EACH AT AN ISSUE/OFFER PRICE OF RM0.57 PER SHARE PAYABLE IN FULL ON APPLICATION IN CONJUNCTION WITH ITS LISTING ON THE MAIN MARKET OF BURSA MALAYSIA SECURITIES BERHAD
Malaysian Issuing House Sdn Bhd ("MIH") is pleased to announce that the Ikhmas Jaya Group Berhad Public Issue under which 26,000,000 Public Issue Shares were made available for applications by Malaysian Public has been oversubscribed and the balloting of successful applications was conducted this afternoon.
A total of 11,434 applications for 238,187,700 Public Issue Shares were received from the Malaysian Public for a total of 26,000,000 Public Issue Shares available for public subscription, which represent an oversubscription rate of 8.16 times.
All Notices of Allotment for these IPO Shares will be mailed to successful applicants on or before July 24, 2015.
|Date Announced||09 Jul 2015|