KUALA LUMPUR: ACE Market-bound MSB Global Group Bhd
’s initial public offering (IPO) of 30.50 million shares allocated for the Malaysian public has been oversubscribed by 6.46 times.
The company said a total of 4,849 applications for 227.41 million issue shares worth RM45.48mil were received from the public, representing an overall oversubscription rate of 6.46 times.
