TANAH MAKMUR Berhad IPO - Oversubscribed by 14.45 times !

TANAH MAKMUR Berhad IPO attracted a total of 16,828 applications for 309,023,100 IPO Shares from the Malaysian public for 20,000,000 IPO Shares for public subscription, representing an over-subscription rate of 14.45 times.

A total of 7,914 applications for 123,000,100 shares were received under Bumiputera category, representing an over-subscription rate of 11.30 times.

For non-Bumiputera portion, 8,914 applications for 186,023,000 shares were received, representing an over-subscription rate of 17.60 times.

Tanah Makmur Berhad is expected to be listed on the Main Board of Bursa Malaysia on 17 July 2014. The stock name is TMakmur and stock code is 5152.