PETALING JAYA: Geohan Corp Bhd's issue of 22 million new shares to the Malaysian public was oversubscribed by 7.78 times.
The company added the 11 million shares offered to eligible directors, employees and persons who have contributed to the success of Geohan and its subsidiaries were also fully taken up.
In a filing with Bursa Malaysia, Geohan noted the 55 million new shares made available by way of private placement to Bumiputera investors approved by the MITI and the 44 million new shares made available by way of private placement to institutional and selected investors have also been fully placed out.
