24x oversubscribed.
Mcm yes..... Fingers crossed
Powerwell Holdings Bhd, ACE Market
Powerwell Holdings Bhd, ACE Market
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Jan 14 2020, 07:58 PM
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Senior Member
5,358 posts Joined: Apr 2005 From: KUL-BKK |
24x oversubscribed.
Mcm yes..... Fingers crossed |
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Jan 14 2020, 08:14 PM
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Senior Member
3,810 posts Joined: Jan 2006 |
All the best to us. Congrat
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Jan 14 2020, 08:56 PM
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All Stars
41,806 posts Joined: Sep 2014 From: REality |
🤑🤑🤑
All the best |
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Jan 14 2020, 09:40 PM
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Senior Member
3,810 posts Joined: Jan 2006 |
Powerwell IPO oversubscribed by 24.27 times
Syahirah Syed Jaafar / theedgemarkets.com January 14, 2020 20:35 pm +08 -A+A KUALA LUMPUR (Jan 14): Powerwell Holdings Bhd, en route to list on the ACE Market of Bursa Malaysia on Jan 22, saw the public tranche of its initial public offering oversubscribed by 24.27 times. In a statement today, Powerwell said it received a total of 7,219 applications for 601.38 million shares, with a value of RM150.34 million, for 23.8 million shares made available for application by the Malaysian public. The IPO exercise entails a public issue of 87.4 million shares and an offer for sale of 58.06 million existing shares. The 63.6 million shares and 49.71 million offer shares offered to institutional and selected investors, as well as Bumiputera investors, have also been fully placed out. Under the listing exercise, Powerwell will raise RM21.85 million, of which RM10.27 million has been earmarked for capital expenditure, RM3.87 million for certification expenditure and RM3.62 million for working capital. The remaining RM4.1 million is for the estimated listing expenses. “We are elated by the oversubscription for our IPO shares of over 24 times, a testimony of the trust and confidence investors have in our business model. The great start to the year is further accentuated with good news, as we managed to secure orders of over RM15 million which are expected to be delivered this year," said Powerwell managing director Jason Tham. Mercury Securities Sdn Bhd is the principal adviser, sponsor, sole underwriter and sole placement agent for the IPO exercise. |
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Jan 14 2020, 09:47 PM
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Senior Member
677 posts Joined: Jul 2012 |
Public succes rate very high.. looks like almost everyone got.. I gues open px not good
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Jan 14 2020, 09:53 PM
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Senior Member
3,810 posts Joined: Jan 2006 |
0.25 cheap
The great start to the year is further accentuated with good news, as we managed to secure orders of over RM15 million which are expected to be delivered this year. said Powerwell managing director Jason Tham. |
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Jan 14 2020, 10:24 PM
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Junior Member
618 posts Joined: Sep 2019 |
kang tau lai leow..black market 35cts..
ini surewin 88cts..saya mau jual kasi dia lagi ada untung 53cts.... dapat satu 2020 big fat rat ....... |
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Jan 15 2020, 05:57 AM
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Junior Member
15 posts Joined: Jul 2011 |
Only acquired 100 lots through balloting 😪
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Jan 15 2020, 06:23 PM
Show posts by this member only | IPv6 | Post
#69
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Junior Member
317 posts Joined: Apr 2015 |
Me too.
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Jan 15 2020, 08:42 PM
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Senior Member
1,019 posts Joined: Jul 2008 |
didnt get any.. fml
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Jan 16 2020, 03:56 PM
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Senior Member
2,712 posts Joined: Jan 2003 From: Seremban |
zzz kosong
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Jan 16 2020, 04:04 PM
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Junior Member
618 posts Joined: Sep 2019 |
chi pek...pending
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Jan 16 2020, 05:22 PM
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Junior Member
620 posts Joined: May 2016 |
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Jan 16 2020, 05:31 PM
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Senior Member
2,265 posts Joined: May 2015 |
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Jan 16 2020, 06:14 PM
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All Stars
41,806 posts Joined: Sep 2014 From: REality |
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Jan 16 2020, 08:25 PM
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Senior Member
5,358 posts Joined: Apr 2005 From: KUL-BKK |
Alright....... Got it.. Ohwell here's to a good start to the first ipo of 2020
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Jan 17 2020, 08:56 AM
Show posts by this member only | IPv6 | Post
#77
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Junior Member
721 posts Joined: Apr 2008 |
got ZERO.
Good luck to those who got it |
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Jan 17 2020, 11:09 AM
Show posts by this member only | IPv6 | Post
#78
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Senior Member
1,652 posts Joined: Apr 2012 |
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Jan 20 2020, 04:23 PM
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Senior Member
4,037 posts Joined: Dec 2008 |
is listing date confirm 22 jan? any latest update?
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Jan 21 2020, 04:24 PM
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Senior Member
2,265 posts Joined: May 2015 |
It'S TOMOROW >> STOCK CODE 0217 |
Change to: | 0.0165sec
0.29
6 queries
GZIP Disabled
Time is now: 29th March 2024 - 01:50 AM |