The result of the Initial Public Offering (IPO) of Dayang Enterprise Holdings Bhd has release on its balloting day. These is the summary of the result. There are 2 goups of the share appliacation, the first table below is the result for the bumiputra and the second table is for non-bumiputra.
Study the tables and you will realize there are different of categories for the balloting. Please look at the third table, I highligh with red box and arrow.
The categories sort by the shares apply. Let say you apply 10, 000 shares, you are in the category of number 7 row (6,000 - 10,900). The chances to get the share is 11.35%. If let say you increase your share application to 11,000 shares, you are in the category 8th. The chances increase to 12.57%. That's why before apply the IPO, check the category and plan for the application to increase the chances to strike a good share.
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