Kucingko IPO oversubscribed by 99.02 times

KUALA LUMPUR: The public issue of Kucingko Bhd’s initial public offering (IPO) of 25 million shares made available for the public has been oversubscribed 99.02 times.

In a statement, the Malaysian Issuing House Sdn Bhd said a total of 21,929 applications for 2.5 billion issue shares were received from the public.