LSH Capital’s IPO oversubscribed by 11.88 times


Fuelling growth through strategic listing: (From left) LSH Capital group managing director Lim Pak Lian, non-executive chairman Tan Sri Lim Keng Cheng, executive vice chairman Datuk Lim Keng Guan and managing director for machinery, hardware and tools division Lim Keng Hun during the Lim Seong Hai Capital Bhd prospectus launch at Kuala Lumpur.

KUALA LUMPUR: Lim Seong Hai Capital Bhd’s (LSH Capital) initial public offering (IPO) of 16.77 million shares allocated for the Malaysian public has been oversubscribed by 11.88 times, ahead of its ACE Market listing.

In a filing with Bursa Malaysia, the construction and engineering firm said it received 7,978 applications for 215.91 million shares from the Malaysian public.

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Lim Seong Hai Capital , listing , IPO , ACE Market

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