Signature Alliance’s ACE Market IPO Oversubscribed By 1.12 Times

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Signature Alliance’s ACE Market IPO Oversubscribed By 1.12 Times - Business Today

Quick Summary:

ACE Market-bound interior fitting-out specialist Signature Alliance Group Bhd has attracted strong investor interest with the public portion of its IPO oversubscribed by 1.12 times.

In a statement, Signature Alliance said it received 1,233 applications for 56.07 million shares valued at RM34.

The company also announced that shares allocated to eligible personnel under a restricted offering have been fully subscribed.