Well Chip public offering oversubscribed 12.87 times


KUALA LUMPUR: The public issue of Well Chip Group Bhd's initial public offering has been oversubscribed 12.87 times.

In a statement, Malaysian Issuing House Sdn Bhd said a total of 13,057 applications for 416.12 million IPO shares were received for the 30 million shares made available for application by the Malaysian public.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Business News

NEV sector surging full steam ahead
FBM KLCI dips after five-day rally, poised to end on a weekly gain
Advance estimate puts Malaysia's 4Q GDP at 5.7%
Applications open for Jelawang Capital's next Emerging Fund Managers' programme
Oil flat as chances of US strike on Iran recedes
Asia shares near record high on AI optimism, dollar up on receding Fed cut bets
Singapore's December exports rise 6.1% y-o-y, weaker than expected
PNB offers US$300mil secured exchangeable sukuk to strengthen portfolio diversification
Bursa Malaysia buoyed by improved investor appetite
IMF's growth forecasts to show resilience to global trade shocks, Georgieva says

Others Also Read