PETALING JAYA: Property developer Eco World International Bhd’s (EWI) initial public offering (IPO) has been oversubscribed nine times by institutional investors and by 8.87 times for the public portion, according to a press release by the Malaysian Issuing House Sdn Bhd.
The final price for both the institutional and retail offering was fixed at RM1.20 involving a public flotation of 2.153 billion shares on the stock exchange.
Already a subscriber? Log in.
Subscribe to win RM50 Touch 'n Go e-Voucher! More Info
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!