EPB Group’s public offering oversubscribed

KUALA LUMPUR: One-stop food processing and packaging machinery solutions provider, EPB Group Bhd’s initial public offering (IPO) of 19.57 million shares made available for the public has been oversubscribed by 61.08 times.

The group received a total of 25,756 applications for 1.21 billion public issue shares worth RM680.3mil from the Malaysian public, representing an oversubscription rate of 61.08 times.