UMediC shares oversubscribed

UMediC shares oversubscribed

PETALING JAYA: ACE Market bound UMediC Group Bhd’s shares offered to the public were oversubscribed by 46.81 times while the shares offered via private placement was fully placed out. In an exchange filing, UMediC stated the bumiputra portion was oversubscribed by...
UMediC IPO oversubscribed by 46.81 times

UMediC IPO oversubscribed by 46.81 times

KUALA LUMPUR: Ace-Market bound UMediC Group Bhd’s public portion of its initial public offering (IPO) has been oversubscribed by 46.81 times. The medical device manufacturer, in a statement, said a total of 7,888 applications for 893.92 million IPO shares from the...
ACE-Market bound UMediC aims to raise RM31.1m from IPO

ACE-Market bound UMediC aims to raise RM31.1m from IPO

(From left) UMediC Group Bhd (UMC) non-independent non-executive director Lau Chee Kheong and non-independent non-executive chairman Datuk Ng Chai Eng, Affin Hwang Investment Bank Bhd chairman and independent non-executive director Tunku Afwida Tunku A Malek, as well...
Bernama Online – News in brief

Bernama Online – News in brief

UMEDIC GROUP BHD (UMC), which is seeking a listing on Bursa Malaysia, today signed an underwriting agreement with Affin Hwang Investment Bank Bhd (AHIBB), its principal adviser, sponsor, sole placement agent and sole underwriter. UMC’s initial public offering involves...