HSS Engineers Berhad Initial Public Offering (IPO)
received an overwhelming response with its public portion of
15.95 million shares. It was oversubscribed by 21.71 times. The IPO
attract 8,737 applications for 362.3 million shares.
Notices of Allotment will be dispatched by post to all successful applicants on or before 8th August 2016. HSS Engineers Berhad is expected to be listed on the ACE Market of Bursa Malaysia on 10th August 2016 under stock name “HSS”.
Below are the allotment summary.
Allotment summary for Bumiputera portion
| Denomination (unit) | No of Application | No of Successful Application | % Chance | Share / Successful Applications | |
|---|---|---|---|---|---|
| From | to | ||||
| 100 | 1,000 | 206 | 10 | 4.85 | 100 |
| 1,100 | 6,000 | 634 | 245 | 38.64 | 1,000 |
| 6,100 | 11,000 | 857 | 340 | 39.67 | 2,000 |
| 11,100 | 20,000 | 653 | 265 | 40.58 | 3,000 |
| 20,100 | 50,000 | 1,306 | 541 | 41.42 | 4,000 |
| 50,100 | 100,000 | 1,537 | 650 | 42.29 | 5,000 |
| 100,100 | 200,000 | 79 | 35 | 44.30 | 7,000 |
| 200,100 | 500,000 | 55 | 28 | 50.91 | 9,000 |
| 500,100 | 1,000,000 | 23 | 515 | 65.22 | 15,000 |
| 1,000,100 | ABOVE | 5 | 4 | 80.00 | 30,000 |
| 5,355 | 2,133 | ||||
Allotment summary for Public portion
| Denomination (unit) | No of Application | No of Successful Application | % Chance | Share / Successful Applications | |
|---|---|---|---|---|---|
| From | to | ||||
| 100 | 1,000 | 354 | 10 | 2.82 | 100 |
| 1,100 | 6,000 | 773 | 267 | 34.54 | 1,000 |
| 6,100 | 11,000 | 1,129 | 403 | 35.70 | 2,000 |
| 11,100 | 20,000 | 1,060 | 390 | 36.79 | 3,000 |
| 20,100 | 50,000 | 1,405 | 530 | 37.72 | 4,000 |
| 50,100 | 100,000 | 1,112 | 431 | 38.76 | 5,000 |
| 100,100 | 200,000 | 204 | 81 | 39.71 | 7,000 |
| 200,100 | 500,000 | 84 | 34 | 40.48 | 9,000 |
| 500,100 | 1,000,000 | 36 | 15 | 41.67 | 15,000 |
| 1,000,100 | ABOVE | 19 | 12 | 63.16 | 30,000 |
| 6,176 | 2,173 | ||||
Details information are available in Bursa Malaysia webpage.
http://1-million-dollar-blog.com/hss-engineers-ipo-oversubscribed-21-71-times/?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+1-million-dollar-blog+%281-million-dollar-blog%29
