Steel Hawk IPO Listing Oversubscribed By 276 Times, Highest In 10 Years
Steel Hawk IPO Listing Oversubscribed By 276 Times, Highest In 10 Years
It received a total of 34,838 applications for 6.81 billion shares with a value of approximately RM1.02 billion for the 24.50 million shares allocated to the Malaysian public, representing an overall oversubscription rate of 276.83 times.$HAWK (0320.MY)$ transfer listing from LEAP Market to ACE Market through an IPO exercise received a major confidence boost after investors oversubscribed the shares by a rate of 276.83 time. Ranking it as the highest subscription compared to all IPOs in the past 10 years, based on information extracted from the website of Bursa Securities.
$HAWK (0320.MY)$ 通过IPO行使从LEAP市场转移到ACE市场的上市交易，在投资者超额认购股份率达到276.83倍后，获得了重要的信心提振。 根据从马交所网站提取的信息，这使得该公司在过去10年中所有IPO中的认购率达到最高水平。
The group is principally involved in providing onshore and offshore support services for the oil and gas industry with core capabilities in engineering, procurement, construction, and commissioning services and maintenance of topside O&G facilities, installation and maintenance of oilfield equipment, and supply of oilfield equipment.
该集团主要从事陆上和近海对油气行业提供支持服务的业务，核心能力包括工程、采购、施工和调试服务以及维护油气平台、安装和维修油田设备以及供应油田设备。
Steel Hawk's IPO which is undertaken in conjunction with its transfer of listing involves the issuance of 134.70 million ordinary shares, featuring a public issue of 90.00 million new shares at an issue price of RM0.15 per share. This represents 18.37% of the enlarged share capital, with RM13.50 million expected to be raised from the public issue. In addition, there is an offer for sale of 44.70 million existing shares by way of private placement to selected investors.
Steel Hawk的IPO和上市转让相关，将发行1,347万股普通股，其中包括9,000万股公开发行新股，发行价为0.15马币/股。这将占到扩大后总股本的18.37%，公开发行中预计可筹集1,350万马币。此外，还通过定向增发向特定投资者出售4,470万股现有股份。
It received a total of 34,838 applications for 6.81 billion shares with a value of approximately RM1.02 billion for the 24.50 million shares allocated to the Malaysian public, representing an overall oversubscription rate of 276.83 times.
该公司收到了34,838份申请，总计6.81亿股，价值约10.2亿马币，其中分配给马来西亚公众的2,450万股获配股份的总认购倍率为276.83倍。
Notices of allotment will be posted to all successful applicants by 3 September 2024.
所有成功申请人将在2024年9月3日前收到配售通知。
Steel Hawk is scheduled to be listed on the ACE Market of Bursa Securities on Thursday, 5 September 2024. Upon the transfer of listing, Steel Hawk will have a market capitalisation of approximately RM73.50 million based on issue price of RM0.15 per share and the enlarged share capital of 490.00 million shares.
Steel Hawk将于2024年9月5日星期四在马来西亚交易所的ACE市场上市。在上市转让后，Steel Hawk的市值将约为7350万马币，该数值基于每股发行价为0.15马币和总股本为4,900万股。
UOB Kay Hian Securities (M) Sdn Bhd is the Principal Adviser, Sponsor, Underwriter, and Placement Agent of the transfer of listing.
大华继显控股证券（马来西亚）有限公司是此次上市转让的首席顾问、保荐人、包销商和配售代理。
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