Astino Bhd'S initial public offer (IPO) shares for public subscription were 3.21 times oversubscribed, MIDF Consultancy and Corporate Services said in a statement.
The company offered 10.2 million shares for public subscription and received applications for 42.9 million shares. Astino's IPO comprised an issue of 16 million new shares and sale of 13.001 million shares at an issue/offer price of 75 sen. – AFX
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