DXN IPO oversubscribed 3.2 times


KUALA LUMPUR: DXN Holdings Bhd's initial public offering (IPO) was oversubscribed by 3.2 times by the Malaysian public, ahead of its return to the Main Market of Bursa Malaysia on May 19.

In a statement, the health-oriented and wellness consumer product group said it received a total of 12,146 applications for 420.12 million shares.

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!
DXN , IPO , listing , Main Market

Next In Business News

Kee Ming inks TA Securities underwriting ahead of ACE Market listing
Kemaman Port expansion set for completion by 2028
Stocks slip from AI-driven record highs, currencies on the defensive
Dollar on the defensive as traders await key US economic data
Gold slides from 1-week high on profit-booking, dollar strength
China to expand institutional opening-up of forex market in 2026
Hibiscus Petroleum raises estimate of 2P oil reserves at UK's Teal West field
CGS International upbeat on Malaysia's economy, sets KLCI end-2026 target at 1,810
Morning trading finishes flat as investors retrace earlier losses
A1 AK Koh Group appointed sole distributor for NZ Milk Powder

Others Also Read