Southern Cable's public offer gets 10-fold response


Southern Cable Group Bhd’s initial public offering (IPO) for the public portion has been oversubscribed by 10.5 times.

PETALING JAYA: Southern Cable Group Bhd’s initial public offering (IPO) for the public portion has been oversubscribed by 10.5 times.

The ACE Market-bound cable and wire manufacturer said it received a total of 10,308 applications for 459 million shares with a total value of RM156.1mil.

Play, subscribe and stand a chance to win prizes worth over RM39,000! T&C applies.

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!
Sarawak Cable , IPO , Ace Market ,

Next In Business News

ACE Market hopeful Inspace Creation in underwriting deal with TA Securities
Asian stocks in sober mood as oil rises on Middle East truce doubts
Amanah Hartanah Bumiputera declares 2.5 sen interim income distribution
High jet fuel prices likely to spark structural shakeout in airline industry - aviation experts
Ringgit holds firm at 3.97 vs US$, stronger against major currencies
Bursa backs down as Middle East ceasefire deal in peril
Trading ideas: Inta Bina, Infoline, LSH, PMW, EPB, MNC, Talam, Focus, Kenyalang, Mayu, Perak, Golden, Eckem, MM Computer
Oil falls below US$100 on ceasefire announcement
AEON Credit sets modest FY27 targets amid geopolitical risks
Hartanah cushions margins amid global�volatility

Others Also Read