The opening premium might not be attractive due to low over ...
The opening premium might not be attractive due to low over subscriptions.
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DOMINIC CHEW : This is incorrect because the financing is large, almost 1.1 billion, which is more than 200 times larger than other recent IPOs, but the total financing is only over 30 million, less than 1 billion ringgit at 99 Speedmart.
103795596 DOMINIC CHEW : Many people don't look at the total amount, over-subscribing by double can also outperform many other stocks by a hundred times.
DOMINIC CHEW 103795596 : Data shows that the financing for the 99 IPO this time exceeds that of Mr DIY in the same year