Kawan Renergy’s IPO oversubscribed by 94.99 times

KUALA LUMPUR: Kawan Renergy Bhd’s initial public offering (IPO) has been oversubscribed by 94.99 times.

The engineering-solutions provider, which is slated to list on the ACE Market of Bursa Malaysia on May 29, stated the 19.3 million shares made available for application by eligible persons was also fully subscribed.

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!
kawanrenergy , ipo , acemarket , engineering , renewableenergy , cogeneration , powersupply

Next In Business News
IATA optimistic on Malaysia's aviation outlook as regional recovery accelerates
ISF Group, Alliance Islamic Bank ink IPO underwriting agreement
Bank Islam targets 50% rise in BIMB biz users payment to voice feature
CPO output down 5.3%, palm oil exports fall 28.13% in Nov -�MPOB
Bursa Malaysia slips at midday amid subdued regional sentiment
EcoWorld achieves record sales and profit in FY25
LAC Med shares up on market debut
Steel unit price index falls 0.1 to 3.2 % in Nov - DoSM
SumiSaujana explores partnership with China polyurethane product manufacturer
Carsome's record retail performance drives up 3Q earnings

Trending in Business

Others Also Read

Load more

Copyright © 1995- Star Media Group Berhad [197101000523 (10894-D)]

Best viewed on Chrome browsers.