The IPO involves the offering of 259,700,000 IPO Shares in the following manner: (I) institutional offering of 205,500,000 IPO Shares to institutional and selected investors, including Bumiputera investors approved by the Ministry of International Trade and Industry, Malaysia (“Institutional Offering”); and (II) retail offering of 54,200,000 IPO Shares to the Malaysian public, the directors, eligible employees and persons who have contributed to the success of Cape EMS and its subsidiaries (“Retail Offering”).
Tricor Investor & Issuing House Services Sdn Bhd (“TIIH”) wishes to announce that, with a total of 18,526 applications for 869,644,700 IPO Shares at a value of RM782,680,230 received from the Malaysian public, the 46,200,000 IPO Shares made available for application by the Malaysian public has an overall oversubscription rate of 17.82 times.
For the Bumiputera public portion, a total of 6,340 applications for 220,358,100 IPO Shares were received, representing an oversubscription rate of 8.54 times. For the remaining Malaysian public portion, a total of 12,186 applications for 649,286,600 IPO Shares were received, representing an oversubscription rate of 27.11 times.
