Empire Premium IPO oversubscribed


The IPO price has been fixed at 70 sen per share for both institutional and retail investors.

PETALING JAYA: Empire Premium Food Bhd’s initial public offering (IPO) has drawn strong investor interest ahead of its listing on the Main Market of Bursa Malaysia, with its retail tranche oversubscribed by 23.3 times.

The exercise involves up to 363 million shares, comprising an offer for sale of 145 million existing shares and a public issue of 218 million new shares.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Business News

Enproserve secures RM12mil facility management contract from Perbadanan Putrajaya
ETA Group appoints Kau Sin Yual as chairman
PETRONAS LNG portfolio positions Malaysia to capture Asia’s growing gas demand
Tan Chong, Saike explore EV battery pack localisation in Malaysia
Ringgit ends mostly higher against major currencies, but weakens vs US dollar
MBSB Bank provides RM29.6mil financing to Bisajuta for Sabah infrastructure projects
Reservoir Link secures PPA for 200MWac solar facility in Sarawak
MASkargo, IAG Cargo and Qatar Airways Cargo complete first customer shipment trial
Citi appoints Yik Ping Chong as Malaysia commercial banking head
Binastra records 93.4% revenue growth in 1H27, declares 4.0 sen dividend

Others Also Read