KUALA LUMPUR: Interior fitting-out specialist Signature Alliance Group Bhd’s (SAG) has received a 1.12 times subscription rate for the public portion of its initial public offering (IPO).
SAG said it received a total of 1,233 applications seeking 56.07 million new shares valued at RM34.76 million.
"The bumiputera public portion was subscribed 1.12 times, with a total of 327 applications received for 28 million new shares.
"For the non-bumiputera public portion, a total of 906 applications for 28.1 million new shares were received, representing a subscription rate of 1.12 times,” it said in a statement.
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