KUALA LUMPUR: Mechanical and electrical (M&E) engineering services provider, West River Bhd
’s initial public offering (IPO) shares have been oversubscribed by 0.26 times, ahead of its listing on the ACE Market of Bursa Malaysia Securities Bhd on May 5, 2025.
The IPO entails the issuance of 17.89 million new shares to the Malaysian public at 39 sen each, attracting 1,288 applications for 22.45 million shares worth RM8.75 million, the company said in a statement filed with Bursa Malaysia today.
