ACO group managing director Tang Pee Tee said the encouraging response reflected the market’s confidence towards the group’s prospects.
KUALA LUMPUR: ACO Group Bhd
’s initial public offering (IPO) has been oversubscribed by 15.53 times ahead of its listing on the Ace Market of Bursa Malaysia next Wednesday.
Upon listing on the Ace Market, the group will have market capitalisation of RM84mil based on the issue price of 28 sen and its enlarged share capital of 300 million shares.
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