MeGroup says IPO public tranche 1.3 times subscribed

SINGAPORE (Oct 30): MeGroup says the public tranche of its Initial Public Offer was approximately 1.3 times subscribed.

At the close of the IPO at 12 noon on Monday, the group received 90 valid applications for 1.96 million shares for its public offer of 1.5 million shares.

Meanwhile, the 15 million placement shares were also fully and validly subscribed.

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