Malaysian Issuing House Sdn Bhd has informed that DXN shares have been oversubscribed by 3.2, the IPO involves the issuance of up to 932,675,000 IPO Shares.
It makes up of institutional offerings of up to 772,675,000 Offer Shares to Malaysian and foreign institutions and selected
investors including Bumiputera investors approved by the Ministry of Investment, Trade and Industry of Malaysia (formerly known as the Ministry of International Trade and Industry of Malaysia) at the institutional price to be determined by way of book building; and retail offering of 160,000,000 Issue Shares to the directors of DXN, eligible employees at the retail price of RM0.76 per Issue Share.
A total of 12,146 applications for 420,119,700 Issue Shares were received from the Malaysian public for the 100,000,000 Issue Shares made available for application by the Malaysian public, representing an overall oversubscription rate of 3.20 times. For the Bumiputera portion, a total of 4,765 applications for 92,926,800 Issue Shares were received, representing an oversubscription rate of 0.86 times. For the non-Bumiputera portion, a total of 7,381 applications for 327,192,900 Issue Shares were received, representing an oversubscription rate of 5.54 times.
For the Institutional Offering, the Joint Bookrunners have confirmed that the 772,675,000 Offer Shares offered to
Malaysian and foreign institutional and selected investors including Bumiputera investors approved by MITI have
been fully subscribed
Maybank Investment Bank Berhad is the Principal Adviser, Joint Global Coordinator, Joint Bookrunner, Joint Managing Underwriter and Joint Underwriter for the IPO. CIMB Investment Bank Berhad is the Joint Global Coordinator, Joint Bookrunner, Joint Managing Underwriter and Joint Underwriter for the IPO.
CLSA Limited and CLSA Securities Malaysia Sdn Bhd are the Joint Global Coordinators and Joint Bookrunners for
the IPO. RHB Investment Bank Berhad is the Joint Bookrunner and Joint Underwriter for the IPO.
