For the five million shares allocated for public subscription, a total of 18,334 applications for 154.244 million shares valued at RM58.61mil were received from the Malaysian public, MIDF Consultancy and Corporate Services Sdn Bhd said.
It said in a statement 20 million shares made available for private placement had been fully placed out.
Another 1.18 million shares were allocated for eligible directors and employees of Ruby Quest and its subsidiaries. Notices of allotment will be despatched by post to successful applicants on or before May 27. – Bernama
said the public portion of its initial public offering was oversubscribed by 50.72 times. The company said its offer of 3.025 million shares attracted a total of 24,124 applications for 156.46 million shares, representing an oversubscription of 50.72 times.
Green Packet, which is involved in research, development, manufacturing, marketing and distribution of wireless networking and telecommunications products, networking solutions and other high-technology products and services, expects to list on the Mesdaq market on May 25.
Its listing involved a public issue of 71.5 million 10 sen shares at an issue price of 55 sen per share.
Of the 71.5 million shares issued, 56.2 million were made available for application via private placement and 3.025 million for the public, companies, societies, co-operatives and institutions.
The remaining 12.275 million shares were reserved for eligible directors and employees and to persons who are deemed to have contributed to the group's success. – AFX-Asia
For the five million shares allocated for public subscription, a total of 18,334 applications for 154.244 million shares valued at RM58.61mil were received from the Malaysian public, MIDF Consultancy and Corporate Services Sdn Bhd said.
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