Ramssol’s public issue heavily oversubscribed


KUALA LUMPUR: Human resources solutions provider Ramssol Group Bhd’s offer of 11.20 million new shares at 45 sen each to the public was oversubscribed by 102.88 times under its initial public offer (IPO).

Tricor Investor & Issuing House Services Sdn Bhd said there were 19, 564 applications for 1.16 billion new shares valued at RM523.54mil from the Malaysian public.

Limited time offer:
Just RM5 per month.

Monthly Plan

RM13.90/month
RM5/month

Billed as RM5/month for the 1st 6 months then RM13.90 thereafters.

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!

IPO , Ramssol , oversubscription

   

Next In Business News

AirAsia X achieves 83% passenger load factor in 1Q24
Oppstar partners with Samsung Electronics for industrial integrated circuit production
Iconic Worldwide plans 'bigger and bolder bets' to accelerate growth
ITMAX and JLand Group partner to develop smart cities
Sapura Energy secures PETRONAS contract for Pan Malaysia underwater services
YTL REIT to develop hotel in Japan for RM199mil
YTL stocks lift Bursa higher
China, Hong Kong stocks rise, led by property shares
QSR Brands temporarily shuts down over 100 KFC stores nationwide due to boycotts
Most Asian currencies muted; stocks gain ahead of Fed rate decision

Others Also Read