Reach Energy’s 20m new shares oversubscribed nearly 42 times


KUALA LUMPUR: Reach Energy Bhd’s 20 million new shares for the public under its listing exercise was oversubscribed by 41.86 times.

The special purpose acquisition company (SPAC) said on Thursday there were 23,821 applications for 857.29 million public issue shares from the public.

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Monthly Plan

RM 13.90/month

RM 9.73/month

Billed as RM 9.73 for the 1st month, RM 13.90 thereafter.

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Annual Plan

RM 12.39/month

RM 8.63/month

Billed as RM 103.60 for the 1st year, RM 148 thereafter.

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