KHPT Holdings Malaysia has informed that its share application offered to the Malaysian public has been oversubscribed by 124.13 times.
The IPO comprises of Public issue of 108,644,300 Issue Shares in the following manner:-20,119,400 Issue Shares made available for application by the Malaysian public; and 10,059,700 Issue Shares made available for application by the eligible directors and employees of the Group, 78,465,200 Issue Shares made available by way of private placement to selected investors; and Offer for sale of 38,226,600 Offer Shares by way of private placement to selected investors.
A total of 28,532 applications for 2,517,572,100 Issue Shares were received from the Malaysian public, resulting in an overall oversubscription rate of 124.13 times. Specifically, a total of 13,284 applications for 1,033,780,700 Issue Shares were received for the Bumiputera portion, representing an oversubscription rate of 101.76 times. Meanwhile, a total of 15,248 applications for 1,483,791,400 Issue Shares were received for the other Malaysian public portion, representing an oversubscription rate of 146.50 times.
Additionally, the 10,059,700 Issue Shares made available for application by the eligible directors and employees of the group have been fully subscribed. KAF Investment Bank Berhad, as the Principal Adviser, Sponsor, Underwriter and Placement Agent has confirmed that 78,465,200 Issue Shares and 38,226,600 Offer Shares were made available for application by way of private placement have been fully placed out.
