Inari Berhad IPO Oversubscribed by 10.42 times

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The IPO of Inari Bhd has been oversubscribed by 10.42 times. The company received 6,308 applications for 114.2 million. Based on the unit price of RM0.38, the shares valued at RM43.4 million.

Inari Berhad is an electronic manufacturing services (EMS) provider in the semiconductor industry.

Key facts:

  • Unit price: RM0.38
  • 10 million shares made available to the Malaysia public
    • 50% for Bumiputera
    • 50% for Malaysian public
  • 18 July 2011: Allotment of the IPO Shares to successful applicants
  • 19 July 2011: Listing

 

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