Coraza shares oversubscribed


KUALA LUMPUR: Integrated engineering supporting services provider Coraza Integrated Technology Bhd’s initial public offering (IPO) for the public portion has been oversubscribed by 132.5 times.

“A total of 26,781 applications seeking 2.86 billion new shares, valued at RM800.7mil were received for the 21.4 million new shares made available for application by the Malaysian Public,” Coraza said in a statement.

Subscribe now and receive FREE sooka plan for 1 month.
T&C applies.

Monthly Plan

RM13.90/month

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!

IPO , Coraza , initial public offering ,

   

Next In Business News

Trading ideas: Maybank, Capital A, Sapura Energy, Paragon, Atlan, Fajarbaru, Tiong Nam, T7, Carimin, Jati Tinggi, MCE, Heineken
Mida identifies 12 Egyptian companies interested in investing in Malaysia - Tengku Zafrul
Kelington posts RM33mil profit in 3Q24
Singapore project to lift Sunway’s 3Q24 earnings
Japan PM pledges fresh US$65bil aid for chips, AI
Maybank weighing options for insurer Etiqa
Guocoland braces for challenges
Uptrend in performance for construction players
Greater clarity on TNB’s floating solar project, hydropower station rehab
EPF dividend likely to top 6%

Others Also Read