KUALA LUMPUR: Ace-Market bound UMediC Group Bhd
’s public portion of its initial public offering (IPO) has been oversubscribed by 46.81 times.
The medical device manufacturer, in a statement, said a total of 7,888 applications for 893.92 million IPO shares from the Malaysian public, representing an oversubscription rate of 46.81 times.
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