RHONE MA HOLDINGS BERHAD INITIAL PUBLIC OFFERING ("IPO") IN CONJUNCTION WITH THE LISTING ON THE MAIN MARKET OF BURSA MALAYSIA SECURITIES BERHAD COMPRISING PUBLIC ISSUE OF 42,122,000 NEW ORDINARY SHARES OF RM0.50 EACH AT AN ISSUE PRICE OF RM0.75 PER SHARE PAYABLE IN FULL UPON APPLICATION
Tricor Investor & Issuing House Services Sdn Bhd ("TIIH") wishes to announce that the IPO of Rhone Ma Holdings Berhad ("RMH") available for public subscription has been oversubscribed.
A total of 6,784 applications for 194,749,200 new Shares with a value of RM146,061,900.00 were received from the Malaysian public for 8,300,000 new Shares made available for public subscription, which represents an overall oversubscription rate of 22.46 times.
The notices of allotment will be despatched to all successful applicants on or before 16 December 2016.
|Date Announced||08 Dec 2016|