Solar District Cooling IPO oversubscribed 144.08 times

Mercury Securities managing director Chew Sing Guan (left) and SDCG managing director Edison Kong.

PETALING JAYA: Solar District Cooling Group Bhd (SDCG), set to debut on the ACE Market on Sept 19, has seen its initial public offering (IPO) oversubscribed by 144.08 times.

The company received 31,678 applications for 3.07 billion new shares, valued at about RM1.17bil.

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Solar District Cooling , IPO , listing , Bursa Malaysia , ACE Market , Mercury Securities , oversubscribed

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