Enproserve Group’s IPO oversubscribed by 0.43 times


KUALA LUMPUR: Mechanical and civil engineering services provider Enproserve Group Bhd saw strong demand for its ACE Market initial public offering (IPO), with the public portion oversubscribed by 0.43 times.

In a statement, Enproserve said it received 1,414 applications for 74.9 million public issue shares from the Malaysian public, valued at around RM18mil.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Business News

Coastal Contracts seeks to up capacity in Mexico
Lower input costs a plus for businesses
Sasbadi eyes growth via new curriculum tenders
TT Vision bags RM7mil worth of orders
Topmix set for stronger revenue, thanks to thriving property sector
Cypark redeems RM235mil sukuk early
Can Bursa’s outperformers stay ahead?
Genting issues RM3bil MTN to refinance borrowings
HeiTech Padu wins RM18mil MoH contract
Mercury Securities sees trading growth ahead

Others Also Read