A1 AK Koh's IPO oversubscribed by 1.11 times
The processed food and beverage producer received 2,289 applications from the Malaysian public for 46.8 million shares worth RM11.7mil, representing a subscription rate of 1.11 times.
For the Bumiputera Malaysian public portion, 441 applications were received for about 4.1 million shares, with the remaining shares reclaimed and reallocated to the other Malaysian public.
Meanwhile, the other Malaysian public submitted 1,848 applications for about 42.7 million shares, resulting in a subscription rate of 2.03 times.
All 8.4 million issue shares offered to eligible persons have also been fully subscribed.
AmInvestment Bank Bhd, the placement agent, confirmed that 58.8 million issue shares and 109.2 million offer shares were fully placed to approved Bumiputera, institutional, and selected investors, following the clawback and reallocation rules in A1 AKK's June 18, 2025 prospectus.
AmInvestment Bank is the principal adviser, sponsor, underwriter and placement agent for the IPO.
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