In a press release issued by Malaysian Issuing House (MIH) dated 18 Oct 2010, Malaysia Marine And Heavy Engineering Holdings Berhad (MMHE) received a total of 35,864 applications for 280,352,400 shares from the Malaysian Public for a total 32,000,000 shares available for public subscription, which represents an oversubscription of 7.76 times.
Out of 32 million shares, 16 million shares have been set aside for allotment under the Bumiputera category which represents 50% of the shares offered for public subscription while the balance of 16 million shares were allotted under the Public category. A total of 8,994 applications for 66,549,700 shares were received under the Bumiputera category which represents an oversubscription of 3.16 times while under the Public category 26,870 applications for 213,802,700 shares were received which represents an oversubscription of 12.36 times.
You may check whether your IPO application is successful or not using your IC number or company registration number at MIH website http://mih.com.my/enquiry.php. Unfortunately it seems MIH has not even putting up the list of successful/unsuccessful applicants in website, opposed to what they normally did for the past IPOs.
Alternatively, if you were applied online through online banking, you may check through your eIPO or eShare status. This method is seem more efficient than the delayed MIH website, as the banks will update the IPO application status in your online banking and refund your application monies immediately should your application is not successful. This is way more faster and efficient than you buy a bank draft and submit your IPO application form manually.
