KUALA LUMPUR: Paradigm Real Estate Investment Trust
(REIT) has seen its initial public offering (IPO) oversubscribed by 1.49 times, prior to its listing on the Main Market of Bursa Malaysia Securities Bhd.
In a statement today, the company reported receiving 4,408 applicants for a total of 79.79 million offer units, which were allocated for the 32 million issue shares to the Malaysian public.
