Berjaya Auto to raise RM57.93m from IPO

Publish date: Fri, 18 Oct 2013, 05:59 PM
Berjaya Auto Bhd (BAuto) will offer 82.76 million new ordinary shares under its initial public offering (IPO) at an offer
price of 70 sen apiece to raise RM57.93 million.

In a filing to Bursa Malaysia today, BAuto said of the 82.76 million new shares, 41.45 million shares will be placed out to Malaysian institutional and selected investors.

It said 10.16 million shares will be allocated to Bumiputera investors while 19.16 million shares will be reserved for entitled shareholders of Berjaya Corp Bhd.

The remaining 12 million shares were reserved for eligible directors and employees, it said.

It said the tentative listing date will be on November 18, 2013.-- Bernama
Discussions
Be the first to like this. Showing 3 of 3 comments

Lasallian

Tiada utk tawaran awam?

2013-10-18 19:05

ramana05

Cakap public offering, tapi no public???????????

2013-10-18 23:27

rubisa57

Ada maa...ciput je...x yah la apply...susah dapat.

2013-10-19 07:17

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