According to CTOS group chief executive officer Dennis Martin, (pic) the strong oversubscription for both the retail and institutional offerings indicate investors’ confidence in the group’s track record and strong growth trajectory.
PETALING JAYA: CTOS Digital Bhd
’s initial public offering (IPO) garnered the largest retail demand since 2013, with the public tranche oversubscribed by 27.6 times at a value of RM1.38bil.
In a statement issued yesterday, the credit reporting agency said it received a total of 51, 494 applications for 1.26 billion shares, out of the 44 million shares made available for the Malaysian public.
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