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...