: Ace Market bound Evergreen Max Cash Capital Berhad initial public offering oversubscribed 53,06 times ahead of its listing.
There were 4,596 applications for 656,830,800 shares for the Bumiputera public portion, with an oversubscription rate representation of 22.58 times. It is also learnt that the 44,600,000 new shares and 43,000,000 existing shares made available by way of placement to selected investors have also been fully subscribed.
Source: News Formal (newsformal.com)
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