Condom maker Karex sees bids at RM2.22


At 8.36am, there were bids for 130,000 shares at RM2.22.

At an offer price of RM1.85 each, its initial public offering (IPO) was oversubscribed by a massive 22.76 times. Karex currently supplies 10% of the total condoms sold worldwide.

Get 20% OFF The Star Digital Access

Monthly Plan

RM 13.90/month

RM 11.12/month

Billed as RM 11.12 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 9.87/month

Billed as RM 118.40 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
condom maker , Karex , IPO , trading bids

Next In Business News

BlackRock-backed AIP eyes Stack data centres
Rising demand to fuel UMedic Group’s expansion
Sealink seeks higher offer for Carimin deal
LB Aluminium cautiously optimistic on profitability
Private sector investments to buoy building sector in 2H26
Ringgit to continue being driven by external factors
Keyfield wins jobs worth RM229mil
OCBC leads the way in�sustainable finance�
Eckem IPO oversubscribed by 8.09 times
Kee Ming bags M&E solar contract

Others Also Read