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MSM Malaysia Holdings Berhad Initial Public Offerings Was Oversubscribed by 34.3 Times | MSM IPO

As I expected, the MSM Malaysia Holdings Berhad Initial Public Offerings(IPO) was oversubscribed!

Read more at MSM Malaysia Holdings Berhad Initial Public Offerings Will Be Oversubscribed | MSM IPO

According to Equiniti Services Sdn Bhd, MSM Malaysia Holdings Berhad’s public subscription of 14.06 million shares has been oversubscribed by 34.28 times

MSM Malaysia Holdings Berhad IPO

A total of RM1.68 billion were received from the public with the total of 50,496 applications for 496.05 million shares

The final retail offering has been fixed at RM3.38 per share and the institutional price has been fixed at RM3.50 per share.

Since the final retail price is 3.4% discount from its institutional price, do expect some price movement at the debut.

Happy Investing! 🙂

Offering Statistics

Issuer = MSM Malaysia Holdings Berhad

Price =(RM) 3.50

Par Value (RM) =0.50    

Board =Main Market    

Sector =Consumer Products 

Tentative Allotment Date= 24/06/2011

Tentative Listing Date= 28/06/2011 (Tuesday)

This entry was posted on Thursday, June 16th, 2011 at 12:40 am and is filed under stock market. You can follow any responses to this entry through the RSS 2.0 feed. Both comments and pings are currently closed.

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