MYMBN’S IPO oversubscribed by 30.77 times

KUALA LUMPUR: Bird’s nest processor Mymbn Bhd, which is en route to a listing on the ACE Market of Bursa Malaysia on July 25, 2023, saw its initial public offering oversubscribed by 30.77 times.

A total of 7,712 applications for 613.13 million shares were received from the Malaysian public, representing an overall oversubscription rate of 30.77 times.