KUALA LUMPUR: Topmix Bhd, slated for a listing on the ACE Market of Bursa Securities on April 23, has seen its initial public offering (IPO) oversubscribed by 58.61 times.
The total surface decorative products company, in a statement, said its listing involves a public issuance of 82.7 million new ordinary shares, representing 21.0% of its enlarged share capital, as well as an offer for sale of 19.69 million or 5.0% of its enlarged share capital by way of private placement to selected investors.
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