The Bumiputera portion attracted 3,887 applications for 199.5 million shares, translating to an oversubscription rate of 9.64 times, while the public portion recorded 3,164 applications for 217.3 million shares, representing 10.59 times oversubscription. The 18.75 million shares reserved for eligible directors, employees and contributors to the group’s success were fully subscribed, it added. Meanwhile, the 75 million issue shares to institutional and selected investors via private placement have been fully placed out. Another 18.75 million shares and 75 million offer shares set aside for identified Bumiputera investors approved by the Ministry of Investment , Trade and Industry, have also been fully subscribed. The company’s IPO comprised 150 million new shares and an offer for sale of 75 million shares.

Source: The Edge Markets March 04, 2026 09:29 UTC