KUALA LUMPUR (Bernama) -- Nestcon Bhd
, slated to be listed on the ACE Market of Bursa Malaysia on June 29, 2021, has seen the public portion of its initial public offering (IPO) oversubscribed by 57.13 times.
In a statement today, the construction company said its listing entailed a public issue of 160.96 million new ordinary shares at an issue price of 28 sen per share, representing 25 per cent of its enlarged share capital.
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