OB Holdings oversubscribed by 109.47 times


PETALING JAYA: OB Holdings Bhd’s initial public offering (IPO), has been oversubscribed by 109.47 times, ahead of its listing on the ACE Market of Bursa Malaysia.

In a statement, the food and beverage and dietary supplements manufacturing services provider said its IPO entailed a public issue of 120 million new ordinary shares at an issue price of 24 sen per share.

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