GB Bond Holdings' IPO Oversubscribed 8.22 Times

MT Newswires Live
Sep 23

GB Bond Holdings' (KLSE:GBBOND) public issue of 20.6 million shares was oversubscribed by 8.22 times, according to a Monday filing with the Bursa Malaysia.

The manufacturing company said a total of 5,333 applications for 190.0 million shares were received.

The initial public offering comprises a public issue of 64.3 million shares and an offer for sale of 42.9 million shares at an issue and offer price of 0.25 ringgit per share.

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