PETALING JAYA: iCents Group Holdings Bhd
’s initial public offering (IPO) has been oversubscribed by 2.30 times ahead of its listing on the ACE Market of Bursa Malaysia on July 17.
In a statement, the cleanroom and other facility services provider said its IPO entails a public issue of 112.50 million new ordinary shares at an issue price of RM0.24 per share, representing 22.50% of the enlarged issued share capital with RM27mil expected to be raised.
