At the close of the Invitation at 12.00pm on Nov 4 a total of 2,739 valid applications,subscribing to nearly 110 million shares, were received for the public offer shares, raising about $65.9 million
The initial public offering (IPO) of co-living operator Coliwoo Holdings, was 8.2 times oversubscribed. Priced at 60 cents per share, the over 75 million placement shares to institutional, accredited and retail investors was 7.3 times subscribed, while the 5.3 million public offer shares were 20.7 times subscribed.
Maybank Securities is the issue manager and global coordinator for the offering. Maybank, DBS Bank and RHB Bank are the joint bookrunners and underwriters for the offering.
