I cant seems to find the news, which website u visit?

Guys i want to ask about JCY IPO, if not much institution go and bid for it. How they ganna determine the final price? Someone please explain T_T

Guys I really need some help here, please explain how they determine JCY IPO final price for institution?

Example 1,
IPO OF 500,000,000 ORDINARY SHARES (Institution)
Cimb: Bid 100,000,000 Share at RM2
Maybank: Bid 300,000,000 share at RM1
Public Bank: Bid 300,000,000 share at RM0.50

How will they determine the final price for example 1?


Example 2,
IPO OF 500,000,000 ORDINARY SHARES (institution)
Cimb: Bid 100,000,000 share at RM2

How will they determine the final price for Example 2 if there is not enough bidding from the corporate market?

Thanks a lot.!!

This post has been edited by fatw3apon: Feb 5 2010, 07:45 PM

Wow not bad, if JCY is priced with RM1.6 then we only have to pay RM1.52 for the IPO 5% discount

Buy PPB and PBB

Wah serious?????