Alpha IVF’s IPO subscribed by 2.73 times

KUALA LUMPUR: ACE Market-bound Alpha IVF Group Bhd’s initial public offering (IPO) has been subscribed by 2.73 times.

In a statement, the fertility care specialist said it had received a total of 6,894 applications for 530.1 million shares, with a total value of RM169.6mil, versus the 194.4 million shares that were made available for application by the Malaysian public.