Volcano IPO shares oversubscribed by 176.6 times

Volcano IPO shares oversubscribed by 176.6 times

The Malaysian Reserve-News·2021-03-27 05:05

SHARES of Volcano Bhd have been oversubscribed by 176.6 times ahead of the group’s ACE Market listing

The company, in a bourse filing today, said it received a total of 23,838 applications for approximately 1.46 billion new shares with a value of RM512.82 million out of the 8.25 million new shares made available for application by the public.

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