KUALA LUMPUR: Farm Price Holdings Bhd, which is scheduled for a listing on the ACE Market of Bursa Securities on May 14, has seen its initial public offering (IPO) oversubscribed by 91.35 times.
The Johor-based wholesaler and distributor of fresh vegetables, food and beverage (F&B) products and other groceries said the IPO comprised of 450 million ordinary shares, featuring a public issue of 102 million new shares at an issue price of 24 sen per share.
Already a subscriber? Log in
Get 20% OFF The Star Digital Access
Cancel anytime. Ad-free. Unlimited access with perks.
