The much larger placement tranche of 40 million shares, meanwhile, was 2.8 times subscribed.
Foodstuff maker OTS Holdings’ initial public offering was 8.4 times subscribed, with strong interest seen from retail investors.
The retail tranche of 1 million shares received valid application totalling some $53.73 million. At 23 cents each, this portion was 233.6 times subscribed
