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KUALA LUMPUR: The public portion of electronics manufacturing services provider NationGate Holdings Bhd's initial public offering (IPO) has been oversubscribed 16.49 times.
The public portion of electronics manufacturing services provider NationGate Holdings Bhd’s initial public offering (IPO) has been oversubscribed 16.49 times.The ACE Market-bound company said there was a total of 20,444 applications for 1.81 billion new shares valued at RM689.16mil received from the Malaysian public.