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Saturday, May 18, 2013

Matrix Concepts Holdings Bhd IPO Balloting Result Table oversubscribed

Matrix Concepts Holdings Bhd IPO oversubscribed 11.3 times. If you look at the subscription rate, chances of striking the IPO is very low.

Saw from web site that if apply public 1,000 shares, the chances are 1.49% only.

2,000 2.4%

3,000 3.5%

11,000 6.7%

100,000 7.8%.


Even the Bumiputra portion also very hard to get.

1,000 shares 10%

20,000 18%

100,000 25.9%


Now that this is over, we are waiting for Leon Huat. Will post it once I got the target price.



For more information on IPO
More info on Matrix Concepts here.


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