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

Perak Transit names Jeffrey Cheong deputy
EPB eyes transfer from ACE to Main Market
MM Computer moves forward with IPO
Inta Bina bags RM32mil construction job
Infoline unit to buy RM19mil factories
LSH Capital wins Kuantan road contract
Eckem taps M&A Securities for IPO on Bursa
Wall St set for higher open as US-Iran ceasefire lifts sentiment
Golden Destinations’ IPO oversubscribed by 2.10 times
EPB proposes Main Market transfer

Others Also Read