PETALING JAYA: Seng Fong Holdings Bhd initial public offering (IPO) shares offered to the public were oversubscribed by 3.09 times.
The main market-bound company, in a release yesterday, stated the shares offered to bumiputra investors were also oversubscribed by 1.45 times.
Shares offered to eligible directors and employees of the group and persons who have contributed to the success of the group have also been fully subscribed.
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