Nova MSC Bhd
received overwhelming response to its initial pubic offering, recording the highest over-subscription rate among Mesdaq market candidates to date.
The company said in a statement yesterday that at the close of its offer on July 28, a total of 29,397 applications for 207.5 million shares were received for the 5 million shares available for public subscription, representing an over-subscription of 40.5 times.
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