KUALA LUMPUR: Convenience store operator 7-Eleven Malaysia Holdings Bhd said its initial public offering (IPO) for retail investors has been oversubscribed and the balloting of successful applications was conducted this afternoon.
A total of 12,761 applications for 195.8 million issue shares were received from the local public, representing an oversubscription of 4.8 times, it said in a statement yesterday.
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