PEMBINAAN Jayabumi (Sarawak) Bhd’s (PJSB) initial public offering (IPO) comprising 4 million RM1 shares at an issue price of RM1.70 each has been oversubscribed by 8.01 times.
Malaysian Issuing House Sdn Bhd said 21,462 applications for 36.0427 million shares were received, with the public portion of 2,885,400 shares oversubscribed by 8.53 times and the bumiputra portion of 1,236,600 shares oversubscribed by 7.79 times.
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