KUALA LUMPUR: Enterprise information technology (IT) solutions provider, Vetece Holdings Bhd’s initial public offering (IPO) has been oversubscribed by 187.41 times.
The company received a total of 31,054 applicants for 3.69 billion shares, valued at RM923.23mil, for the 19.6 million shares allocated to the Malaysian public. This represents an oversubscription rate of 187.41 times.
