Betamek’s IPO oversubscribed by 17.06 times


Betamek Bhd managing director Mirzan Mahathir. - FAIHAN GHANI/The Star

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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Betamek , IPO , ACE Market , Bursa Malaysia

   

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