CBH Engineering’s IPO shares for public oversubscribed by 34 times

PETALING JAYA: CBH Engineering Holding Bhd’s initial public offering (IPO) of 94.05 million shares has been oversubscribed by 34.21 times.

In a statement, the ACE Market-bound electrical engineering service provider said a total of 24,992 applications for 3.31 million shares worth RM927.2mil were received from the Malaysian public.