ACE-Market bound Swift Energy IPO oversubscribed by 58.09 times


KUALA LUMPUR: Swift Energy Technology Bhd's initial public offering (IPO) shares for the Malaysian public have been oversubscribed by 58.09 times ahead of its ACE Market listing on Jan 8, 2025.

The provider of industrial automation and power systems said in a Bursa Malaysia filing today that the Malaysian public submitted 24,041 applications for 2.96 billion issued shares valued at RM827.91 million.

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Swift Energy , IPO , ACE Market , Bursa Malaysia

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