ACE Market-bound Wentel 's IPO oversubscribed by 17.72 times

KUALA LUMPUR: ACE-Market bound Wentel Engineering Holdings Bhd’s initial public offering (IPO) has been oversubscribed by 17.72 times.

Wentel is principally involved in the fabrication of semifinished metal products, fabrication of metal parts and assembly of finished products for the manufacturers of several industries.