SALUTICA BERHAD INITIAL PUBLIC OFFERING ("IPO") IN CONJUNCTION WITH THE LISTING OF AND QUOTATION FOR THE ENTIRE ENLARGED ISSUED AND PAID-UP ORDINARY SHARE CAPITAL OF SALUTICA BERHAD ("SALUTICA") ON THE ACE MARKET OF BURSA MALAYSIA SECURITIES BERHAD COMPRISING (I) A PUBLIC ISSUE OF 78,000,000 NEW ORDINARY SHARES OF RM0.10 EACH IN SALUTICA ("SHARE(S)"); AND (II) AN OFFER FOR SALE OF 23,000,000 EXISTING SHARES AT AN ISSUE/OFFER PRICE OF RM0.80 PER SHARE PAYABLE IN FULL UPON APPLICATION
Tricor Investor & Issuing House Services Sdn Bhd ("TIIH") wish to announce that the IPO of Salutica available for public subscription has been oversubscribed.
A total of 9,647 applications for 212,985,000 Issue Shares were received from the Malaysian public for 19,400,000 Issue Shares made available for Public subscription, which represents an overall oversubscription rate of 9.98 times.
The notices of allotment will be despatched to all successful applicants on or before 17 May 2016.
|Date Announced||10 May 2016|