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.

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!
MYMBN , IPO , ACE Market , Bursa Malaysia

Next In Business News

M&G enters JV to expand vessel maintenance and repair services
Binastra wins RM1.18bil building, infrastructure contracts in Johor
FBM KLCI retreats on profit-taking despite stronger GDP data
Indonesia’s B50 delay opens short-term export window for Malaysian palm oil
Taiwan aims to be strategic AI partner in US tariff deal
Oil prices inch up as market evaluates supply risks
CPO to trade around RM4,000 a tonne in 2026, according to Kenanga
Gold slips as upbeat US data boosts dollar, dims rate-cut bets
Rakuten Trade raises FBM KLCI year-end target, sees stronger earnings and fund flows
Genting Plantations unit fined RM96.6mil by Indonesian authorities

Others Also Read