Synergy House Bhd has inked an underwriting agreement with Kenanga Investment Bank Bhd (Kenanga IB) for the group’s upcoming initial public offering (IPO) on the ACE Market of Bursa Malaysia Securities Bhd.

Synergy House’s IPO exercise will comprise a total of 130.0 million shares, including a public issue of 80.0 million new shares representing 16.0% of the enlarged issued share capital.

The IPO shares from the public issue will be allocated in the following manner:

25.0 million shares representing 5.0% of the enlarged issued share capital to be allocated via balloting to the Malaysian public;

12.5 million shares representing 2.5% of the enlarged issued share capital to be allocated to eligible directors, employees and persons who have contributed to the group (eligible persons);

30.0 million shares representing 6.0% of the enlarged issued shares to be allocated to selected investors by way of private placement; and

12.5 million shares representing 2.5% of the enlarged issued shares capital to be allocated to Bumiputera investors approved by the Ministry of International Trade and Industry (Miti).

The IPO exercise also includes an offer for sale of 50.0 million existing shares representing 10.0% of the enlarged issued share capital, which will be made available by way of private placement to Bumiputera investors approved by Miti.

https://www.theedgemarkets.com/node/663596

This post has been edited by nexona88: Jul 10 2023, 04:03 PM

MITI results out

Can check it out

Saw in MITI website 😁

May I know what's the reason?

🧐🤔

Good strategy 👏

Spread out the $$$ 😁

apply small2 only...

very limited funds in hand

good luck everyone

wait for Balloting on 22 May

This post has been edited by nexona88: May 18 2023, 05:01 PM

But edelteq also got some issues

Head to the topic for more discussion 😄

Wait for ballots

Then shall knows 😀

All silently applied one 🤑

Oversubscribed rate less than I expected....

But higher than the previous 2 IPO 😄

Anyway

All the Best

🙏

Dapat tak?

🤔🧐

after 7pm

night time only active

Dapat lah sikit 🤑💰

Hope for the best 🙏

Hmm...

Got such thing ahh??

Next few IPO try with PBE... See still can get or not...

Then only confirmed it... Just once tries don't prove anything 🙏. Probably just pure luck 🤞

Well...

Tried others banks too...

So far it's mixture.... Tiger also got successful... Not all failed



This post has been edited by nexona88: May 24 2023, 02:08 PM

Lolz...

That one everyone allocation

Unless didn't apply 😜

hopefully it's good