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IPO : REACH TEN HOLDINGS BERHAD, IPO : REACH TEN HOLDINGS BERHAD
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kb2005
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Apr 22 2025, 05:26 PM
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kb2005
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Apr 22 2025, 05:26 PM
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Tricor Investor & Issuing House Services Sdn Bhd wishes to announce that the 50,000,000 Issue Shares made available for application by the Malaysian public have been oversubscribed. A total of 2,706 applications for 142,652,200 Issue Shares with a value of RM74,179,144.00 were received from the Malaysian public, which represents an overall oversubscription rate of 1.85 times. For the Bumiputera portion, a total of 945 applications for 52,794,900 Issue Shares were received, which represents an oversubscription rate of 1.11 times. For the public portion, a total of 1,761 applications for 89,857,300 Issue Shares were received, which represents an oversubscription rate of 2.59 times. Meanwhile, 25,000,000 Issue Shares made available for application by the eligible directors, employees and persons who have contributed to the success of the Group have also been fully subscribed. The Placement Agent has confirmed that 125,000,000 Issue Shares by way of private placement to selected Bumiputera investors approved by the MITI and 100,000,000 Existing Shares by way of private placement to selected investors, have been fully placed out.
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kb2005
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Apr 22 2025, 05:27 PM
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Almost everyone get a partial piece of cake
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