THMY’s IPO oversubscribed by 35 times


PETALING JAYA: ACE Market-bound THMY Holdings Bhd says the 44.4 million shares it has offered to the Malaysian public for its upcoming initial public offering (IPO) have been oversubscribed by 35.57 times.

The Penang-based provider of automated test solutions for electrical and electronics products said a total of 16,052 applications for 1.62 billion new IPO shares were received from the Malaysian public.

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THMY , ACE Market , IPO , listing , data centre

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