KUALA LUMPUR: Community pharmacy operator Caring Pharmacy Group Bhd, enroute to a listing on the Main Market of Bursa Malaysia on Nov 13, saw its offer of 10.87 million shares at the initial public offering (IPO) price of RM1.25 per share being oversubscribed by 33.66 times.
A total of 20,137 applications with a total value of RM471.64mil was received from the public. This is equivalent to approximately 1.73 times of the total market capitalisation of CARiNG based on the valued IPO price.
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