KUALA LUMPUR: OB Holdings Bhd’s initial public offering (IPO), has been oversubscribed by 109.47 times, ahead of its listing on the ACE Market of Bursa Malaysia.
In a statement, the food and beverage (F&B) and dietary supplements manufacturing services provider said its IPO entails a public issue of 120 million new ordinary shares at an issue price of RM0.24 per share.
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