PETALING JAYA: LAC Med Bhd
has garnered strong interest for its initial public offering (IPO) on the Main Market of Bursa Malaysia, with the public tranche oversubscribed by 12.6 times.
In a statement, the medical devices and integrated solutions provider said it had received a total of 6,649 applications for approximately 272.8 million shares, amounting to approximately RM204.6mil, compared with the 20 million shares made available for application by the Malaysian public.
