Semico IPO oversubscribed by 28.09 times


The company said a total of 4,053 applications for 523,694,800 issue shares were received from the Malaysian public.

PETALING JAYA: Semico Capital Bhd’s issue of 18 million shares to the Malaysian public has been oversubscribed by 28.09 times, ahead of its listing on the ACE Market of Bursa Malaysia on Jan 13, 2026.

In a filing with Bursa Malaysia, the company said a total of 4,053 applications for 523,694,800 issue shares were received from the Malaysian public.

“Specifically, a total of 1,637 applications for 185,645,300 issue shares were received for the bumiputra portion, representing an oversubscription rate of 19.63 times,” it said in a statement.

For the rest of the public portion, 2,416 applications for 338,049,500 issue shares were received, reflecting an oversubscription of 36.56 times.

Meanwhile, the 14,996,000 issue shares made available for eligible directors, employees and business associates of the company have also been fully subscribed.

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