KUALA LUMPUR: ACE Market-bound Betamek Bhd’s public portion of its initial public offering (IPO) has been oversubscribed by 17.06 times.
The electronic manufacturing services (EMS), in a statement, said a total of 6,682 applications seeking 406.31 million new ordinary shares were received for the 22.5 million shares made available for application by the Malaysian Public.
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