Seng Fong managing director Er Hock Lai
KUALA LUMPUR: Rubber processor Seng Fong Holdings Bhd
’s initial public offering (IPO) has been oversubscribed by 3.09 times.
In a statement, the company said a total of 3,968 applications for 106.04 million IPO shares with a value of RM79.53mil were received from the Malaysian public, which represented an overall oversubscription rate of 3.09 times.
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