Medical supplies and devices company Pasture Holdings’ all-placement initial public offering (IPO) has been fully subscribed.
On June 8, the company said that all 20 million of its placement shares were validly subscribed for at 25 cents apiece on June 7. The monies received from the shares amounted to $5.0 million.
Draagonfly LLP is the biggest subscriber with 5.2 million placement shares. Chng Nai Wee was next, after having subscribed for 4.0 million placement shares in the company. Tay Eng Hseon subscribed to 3.76 million shares while Ang Meng Hai Markus David subscribed to 1.2 million shares.
Pasture Holdings’ shares will commence trading on a “ready” basis at 9am on June 9.
