Malaysia IPO Tutorial- Where to Check for Balloting Results – Part 2

To the people who paid for intention or have just applied for the latest IPO- Mobilla Holdings Barhad must be aware that today isn't CNY eve but it the date this post has been drafted and was also the release date of the IPO balloting result.  

This means that the balloting results has been released to the market while it still about to be posted on Bursa Ace Market. 

Let now check our findings in this balloting results. But you should also know how can we as IPO applicants find the balloting results online. 

How to Find IPO Balloting Result   (Bursa Malaysia)

1. Visit Bursa Malysia 

2. Click the search icon on the top menu 

3. Select the IPO company name

4, Right below, click ''Recent Market Announcements''

5. While in the announcements list find ''others'' announcements that were released on balloting dates.

step 1,2,3

step four

step five

How to search for IPO latest balloting result on TIIH website

1. Type in google ''Tricor Investor and issuing house''

2. Click on ''IPO press release'' on the menu bar

3. Locate your relevant IPO and select the document you want

step 1,2 

Step 3

How to search IPO balloting Result on MIH Website

1. Type in google Malaysian Issuing House

2. Move to IPO on the left side

3. Click on ''IPO Press Releases'' 

4. Find your relevant IPO and select the document you want

step 1,2,3

step 4

IPO Balloting Results

Mobilia IPO basis of Allotment

IPO Balloting Result Analysis (Mobilia IPO)

In contribution to the basis of alontment we can see what press release or other news source said in this link: Moblila IPO oversubscribed over ninety-two times by the Star

After accessing the news report it is now clear that Moblila IPO has received public attention from both Bumi and Public category.

The overall subscriptions rate jumped over by ninety-two times is very much higher than eighty times of the case of Optimax Holdings Berhard IPO. 

From my view of things, such a number of subscription rate is high and abnormal, due to the fact that the furniture industry market is competitive and the offer period of the IPO is always short. And well of course there might be other points that might have contributed to the high rate of participation.

• Mobilia IPO issue price of RM0.23 per share
• Robust performance of HPPHB IPO 

While the subscription rate might have been to high for an IPO, both the success rate and the amount of shares holdings given to successful applicants will be significantly reduced.

Conclusions 

Disclaimer: This post is as a result of my experience on how to apply for mayback2u eIPO. I am not responsible for any gain or loss in your investment.

IPO Related Series

Tutorial to Applying for IPOs in Malaysia: Part 1 - How to Buy and Apply

Malaysia IPO Tutorial- Where to Check for Balloting Results – Part 2

Calculating Malaysian IPO Costs and Allocations with the IPO Calculator