KUALA LUMPUR: PMCK Bhd
’s initial public offering (IPO) has been oversubscribed by 1.87 times for the Malaysian public portion, ahead of its listing on the ACE Market of Bursa Malaysia on July 9.
The company said it has received a total of 2,512 applications for 156.25 million IPO shares worth RM34.37 million from the Malaysian public, which represented an overall oversubscription rate of 1.87 times.
