PETALING JAYA: Supreme Consolidated Resources Bhd
(SCRB) reported overwhelming demand for its initial public offering (IPO), with the public portion of shares seeing an oversubscription of 349.4 times.
The company’s IPO comprises 70 million new ordinary shares priced at 25 sen each, in conjunction with its listing on the ACE Market of Bursa Malaysia, tentatively scheduled for Nov 29.
