Feytech Holdings has informed that 42,160,000 issued shares available for the Malaysian public have been oversubscribed. A total of 14,687 applications for 701,364,100 Issue Shares with a value of RM561,091,280.00 were received from the
Malaysian public, which represents an overall oversubscription rate of 15.64 times.
For the Bumiputera portion, a total of 7,898 applications for 265,607,100 Issue Shares were received, which represents an oversubscription rate of 11.60 times. For the remaining Malaysian public portion, a total of 6,789 applications for 435,757,000 Issue Shares were received, which represents an oversubscription rate of 19.67 times.
Further, the Joint Placement Agents have confirmed that 75,868,800 Issue Shares and 4,216,000 Offer Shares made available by way of private placement to selected investors, as well as the 105,400,000 Offer Shares made available by way
of private placement to Bumiputera investors approved by the MITI have been fully placed out.
The notices of allotment will be posted to all successful applicants on 17 May 2024. TA Securities Holdings Berhad is the Principal Adviser, Managing Underwriter, Joint Underwriter and Joint Placement Agent for this IPO.
AmInvestment Bank Berhad is the Joint Underwriter and Joint Placement Agent for the groups main market IPO.
