The offer price was 32 sen per share and it recorded RM794.50mil for the shares worth RM10.30mil under its public portion.
KUALA LUMPUR: Solar photovoltaic (PV) and earthing and lightning protection (ELP) specialist Pekat Group Bhd
’s offer of 32.20 million new shares each to the public recorded overwhelming demand.
It said on Monday the shares were oversubscribed by 76 times after a total of 34, 963 applications for 2.5 billion shares were received from the public when it was open for subscription from June 2 to 10.
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