Sabah-based Azam Jaya’s IPO oversubscribed by 23 times ahead of Main Market listing
KUALA LUMPUR (Oct 29): Azam Jaya Bhd’s initial public offering (IPO) has been oversubscribed 23 times, ahead of its listing on the Main Market of Bursa Malaysia Securities Bhd. In a filing with Bursa Malaysia, Azam Jaya executive director Datuk Jessica Lo said the oversubscription to the group’s IPO affirmed the market’s confidence in its [...]
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