ACE Market Bound Cropmate's IPO Oversubscribed By 84 Times
ACE Market Bound Cropmate's IPO Oversubscribed By 84 Times
Cropmate Berhad announced that its Initial Public Offering (IPO) for the Malaysian public has been oversubscribed by 84.88 times. The IPO of 260.00 million ordinary shares consists of a Public Issue of 210.00 million new ordinary shares and an Offer for Sale of 50.00 million shares.
Cropmate Berhad宣布,其对马来西亚公众的首次公开募股(IPO)已超额认购了84.88倍。此IPO包括26000万普通股,其中21000万为公众发行的新普通股,5000万为出售股。
The Group received a total of 21,392 applications for 3,169,052,100 Issue Shares with a value of approximately RM633.81 million were received from the Malaysian public, which represents an overall oversubscription rate of 84.88 times.
集团共收到21,392份申请,申请3,169,052,100股发行股份,来自马来西亚公众,价值约为RM63381万,这代表了整体超额认购率为84.88倍。
Managing Director of Cropmate Berhad, Mr. Lee Chin Yok, expressed, "The robust response to our IPO reflects the trust that investors have placed in Cropmate's business and strategic direction. We are grateful for this overwhelming support and excited to move forward with our plans to enhance our operations and customer service capability to meet the growing demand for our fertilisers."
Cropmate Berhad的董事总经理李振鈺先生表示:“我们IPO的强劲反应反映了投资者对Cropmate业务和战略方向的信任。我们感谢这种压倒性的压力位,并 excited 继续推进我们的计划,提升我们的运营和客户服务能力,以满足我们化肥日益增长的需求。”
Hong Leong Investment Bank Berhad is the Principal Adviser, Sponsor, Underwriter and Bookrunner.
宏亮投资银行有限公司是主要顾问、赞助商、承销商及账簿管理人。
Cropmate Berhad is scheduled to make its debut on the ACE Market of Bursa Securities on 5 December 2024.
Cropmate Berhad计划在2024年12月5日于马来西亚证券交易所的ACE市场上市。