KUALA LUMPUR: Life Water Bhd
's issue of 23.66 million initial public offering (IPO) shares to the Malaysian public in conjunction with its listing on the Main Market of Bursa Malaysia has been oversubscribed by 32.19 times.
In a statement, Tricor Investor and Issuing House Services Sdn Bhd said it has received 16,072 applications for 785.38 million new shares with a value of RM510.5mil from the Malaysian public.
