KUALA LUMPUR: Azam Jaya Bhd’s initial public offering (IPO) has been oversubscribed 23 times, ahead of its listing on the Main Market of Bursa Malaysia Securities Bhd.
In a filing with Bursa Malaysia today, Azam Jaya executive director Datuk Jessica Lo said the oversubscription to the group's IPO affirmed the market’s confidence in its business strategies.
