MAA Holdings Bhd(MAA) hit the limit down today and closed at RM0.725 on news of its insurance unit being sold to Zurich Insurance Co Ltd for some RM344mil. If this deal go thru, MAA Holdings Bhd will be classified as “affected listed issuer” under stock-exchange rules, which means it must “regularize” its financial condition or […]
As I expected, the MSM Malaysia Holdings Berhad Initial Public Offerings(IPO) was oversubscribed! Read more at MSM Malaysia Holdings Berhad Initial Public Offerings Will Be Oversubscribed | MSM IPO According to Equiniti Services Sdn Bhd, MSM Malaysia Holdings Berhad’s public subscription of 14.06 million shares has been oversubscribed by 34.28 times
MSM Malaysia Holdings Berhad Initial Public Offerings(IPO) is set at RM3.50 per share for institutional investors I would say this IPO was oversubscribed and most public investors and institutional investors may not even get it due to overwhelming demand. The final price of RM3.50 is the top end of the RM3.30- RM3.50 range set earlier. […]