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宣佈,其面向馬來西亞公衆的首次公開募股(IPO)已獲得84.88倍的超額認購。26000萬股普通股的首次公開募股包括公開發行21000萬股新普通股和5000萬股普通股的出售要約。
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.
集團共收到來自馬來西亞公衆的21,392份3,169,052,100股發行股票的申請,總價值約爲63381萬令吉,這意味着總體超額認購率爲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董事總經理李振育先生表示:「我們對首次公開募股的強勁反應反映了投資者對Cropmate業務和戰略方向的信任。我們感謝這種壓倒性的支持,也很高興能推進我們的計劃,以加強我們的運營和客戶服務能力,以滿足對我們不斷增長的化肥需求。」
Hong Leong Investment Bank Berhad is the Principal Adviser, Sponsor, Underwriter and Bookrunner.
豐隆投資銀行有限公司是首席顧問、保薦人、承銷商和賬簿管理人。
Cropmate Berhad is scheduled to make its debut on the ACE Market of Bursa Securities on 5 December 2024.
Cropmate Berhad計劃於2024年12月5日在布爾薩證券的ACE市場上首次亮相。