Array
(
    [_edit_lock] => Array
        (
            [0] => 1724929394:30
        )

    [tdc_dirty_content] => Array
        (
            [0] => 1
        )

    [tdc_icon_fonts] => Array
        (
            [0] => a:0:{}
        )

    [post_views_count] => Array
        (
            [0] => 150
        )

    [_thumbnail_id] => Array
        (
            [0] => 225461
        )

    [_edit_last] => Array
        (
            [0] => 30
        )

    [onesignal_meta_box_present] => Array
        (
            [0] => 1
        )

    [onesignal_send_notification] => Array
        (
            [0] => 
        )

    [onesignal_modify_title_and_content] => Array
        (
            [0] => 
        )

    [onesignal_notification_custom_heading] => Array
        (
            [0] => 
        )

    [onesignal_notification_custom_content] => Array
        (
            [0] => 
        )

    [_post_language] => Array
        (
            [0] => English
        )

    [_molongui_author] => Array
        (
            [0] => guest-97702
        )

    [_molongui_main_author] => Array
        (
            [0] => guest-97702
        )

    [td_post_theme_settings] => Array
        (
            [0] => a:1:{s:11:"td_subtitle";s:86:"Company receives 49,354 applications for 678.59 million initial public offering shares";}
        )

    [_yoast_wpseo_primary_category] => Array
        (
            [0] => 599
        )

    [_yoast_wpseo_focuskw] => Array
        (
            [0] => 99 speed mart
        )

    [_yoast_wpseo_linkdex] => Array
        (
            [0] => 56
        )

    [_yoast_wpseo_content_score] => Array
        (
            [0] => 30
        )

    [_yoast_wpseo_estimated-reading-time-minutes] => Array
        (
            [0] => 2
        )

    [_yoast_wpseo_wordproof_timestamp] => Array
        (
            [0] => 
        )

    [post_views_count_7_day_arr] => Array
        (
            [0] => a:7:{i:0;a:2:{s:4:"date";i:0;s:5:"count";i:0;}i:1;a:3:{s:4:"date";s:10:"1750124237";s:5:"count";i:1;s:14:"per_hour_count";a:1:{i:1;i:1;}}i:2;a:3:{s:4:"date";s:10:"1750229265";s:5:"count";i:1;s:14:"per_hour_count";a:1:{i:6;i:1;}}i:3;a:2:{s:4:"date";i:0;s:5:"count";i:0;}i:4;a:2:{s:4:"date";i:0;s:5:"count";i:0;}i:5;a:2:{s:4:"date";i:0;s:5:"count";i:0;}i:6;a:2:{s:4:"date";i:0;s:5:"count";i:0;}}
        )

    [post_view_7days_last_day] => Array
        (
            [0] => 2
        )

    [post_views_count_7_day_last_date] => Array
        (
            [0] => 1750229265
        )

    [post_views_count_7_day_total] => Array
        (
            [0] => 2
        )

    [post_views_last_24_hours] => Array
        (
            [0] => 1
        )

    [post_views_last_48_hours] => Array
        (
            [0] => 2
        )

)
99 Speed Mart’s IPO oversubscribed 3.04 times | Scoop
99 Speed Mart Retail Holdings Bhd’s initial public offering records an overall oversubscription rate of 3.04 times. – 99 Speedmart pic, August 29, 2024
News

99 Speed Mart’s IPO oversubscribed 3.04 times

Company receives 49,354 applications for 678.59 million initial public offering shares

Bernama
Updated
6:42 PM MYT

 

KUALA LUMPUR – 99 Speed Mart Retail Holdings Bhd’s initial public offering (IPO) has received a favourable response with 49,354 applications for 678.59 million IPO shares allocated for the public portion received, resulting in an overall oversubscription rate of 3.04 times. 

At the same time, a total of 3,731 applications were received for 45.37 million IPO shares for the Bumiputera portion, representing a subscription rate of 0.54 times where the balance has been re-allocated to the non-Bumiputera investors. 

“For the non-Bumiputera portion, 45,623 applications for 633.21 million IPO shares were received, representing an oversubscription rate of 6.54 times,” it said in a statement today, adding that the 42 million IPO shares available for application by eligible persons were fully subscribed.  

The mini-market retail chain’s listing on Bursa Malaysia’s Main Market on September 9, 2024, with an IPO of up to 1.42 billion shares, would make it Malaysia’s largest IPO offering in seven years. 

According to 99 Speed Mart, up to 1.21 billion shares were earmarked for Malaysian institutional and selected investors, including Bumiputera investors approved by the Investment, Trade and Industry Ministry.

It includes a retail offering of 210 million issue shares to the directors and eligible employees of 99 Holdings and its subsidiaries, persons who have contributed to the success of the group and the Malaysian public. 

It added that the institutional price has been fixed at RM1.65 per IPO share. – August 29, 2024

Topics

 

◉ Popular

A man with fire in his belly: Jagdeep remembers his father Karpal’s strength in the face of disability

Despite paralysis from a tragic accident, the DAP stalwart remained a fearless fighter—his legacy now upheld by his son

Daim’s lawyers slam police for ‘failing’ to probe PM over Bloomberg’s power abuse claims

Counsel for former finance minister question why news agency and reporters are being probed instead

Pendirian AGC konsisten, RUU GEG tidak berperlembagaan

Jabatan Peguam Negara secara konsisten berpandangan bahawa Rang Undang-Undang Kawalan Produk Merokok Demi Kesihatan Awam 2023 atau RUU Generasi Penamat (GEG) adalah tidak berperlembagaan (unconstitutional).

◉ Related

Copyright © 2023. All rights reserved.