Camaroe IPO oversubscribed 15.26 times

From left: Camaroe Bhd business development manager Teoh Sheng Jian, managing director Teoh Han Boon, executive director Low Saw Cheng, independent non-executive director Kho Zhen Qi and financial controller Chua Lee Fei.

KUALA LUMPUR: Camaroe Bhd’s initial public offering (IPO) has been oversubscribed by 15.26 times ahead of its listing on the ACE Market of Bursa Malaysia on Oct 2, 2025.

The integrated aquaculture group, which farms and processes black tiger prawns, in a statement, said it received 3,487 applications for 402.4 million shares from the Malaysian public, representing an overall oversubscription rate of 15.26 times.