Cosmos IPO oversubscribed by 58.01 times

KUALA LUMPUR: Cosmos Technology International Bhd’s initial public offering (IPO) received a positive response from investors, with its public portion oversubscribed by 58.01 times.

A total of 8,328 applications for 756.74 million new shares with a value of RM264.86mil were received from the public, representing an overall oversubscription rate of 58.01 times, it said in a statement.

Save 30% OFF The Star Digital Access

Monthly Plan

RM 13.90/month

RM 9.73/month

Billed as RM 9.73 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 8.63/month

Billed as RM 103.60 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Business News
Ringgit edges up as softer US yields weigh on greenback�
Global trade finance gap at US$2.5 trillion as global trade tensions rise, ADB says
FBM KLCI hovers above 1,700 support
Former army chief Zamrose resigns as Boustead Heavy Industries director
Trading ideas: Sunview, TNB, Capital A, Keyfield, TRC, Rexit, Pestec, AirAsia X, Hibiscus, Selangor Dredging, BHIC, Globetronics
Oil reverses gains after Trump eases worries over Iran
Wall Street ends lower, led by drop in Nasdaq
Czech ammunition-maker CSG plans Amsterdam IPO
Sunview Group in RM19mil fundraise
SupportLine

Trending in Business

Others Also Read

Load more

Copyright © 1995- Star Media Group Berhad [197101000523 (10894-D)]

Best viewed on Chrome browsers.