KUALA LUMPUR: Mega Fortris Bhd’s initial public offering (IPO) has been oversubscribed by 7.18 times, ahead of its listing on the Main Market of Bursa Malaysia.
In a filing with the stock exchange, the company said it has received a total of 9,263 applications for 345.76 million issue shares valued at RM231.66mil for the 42.25 million issue shares allocated to the public.
