首页 社会内容详情
新2最新网址:SNS Network's IPO oversubscribed by 6.95 times

新2最新网址:SNS Network's IPO oversubscribed by 6.95 times

分类:社会

网址:

SEO查询: 爱站网 站长工具

点击直达

新2最新网址www.hg108.vip)实时更新发布最新最快最有效的新2网址和新2最新网址,包括新2手机网址,新2备用网址,皇冠最新网址,新2足球网址,新2网址大全。

KUALA LUMPUR: ACE Market bound SNS Network Technology Bhd’s public portion of its initial public offering (IPO) has been oversubscribed by 6.95 times.In a statement, managing director Ko Yun Hung said the response received for the IPO signifies public confidence in the company’s growth strategies and prospects.He said the demand for information and communications technology (ICT) products has continued to increase subsequent to the pandemic.“Since the opening of all economic sectors, we have seen a surge in demand for device-as-a-service (DaaS) subscription-based service from the public and private sectors as many companies have adopted hybrid work models that requires them to upgrade their IT infrastructure and ICT products.“In view of the potential growth from this segment, SNS Network will further expand its DaaS subscription-based service offerings to more customers. Part of the IPO proceeds will be used to purchase the ICT products to increase our inventory to support this expansion,” Ko said.The ICT system and solutions provider said a total of 8,257 applications seeking 640.84 million new shares were received from the Malaysian public for 80.64 million new shares that were made available for public subscription.The Bumiputera public portion of shares was oversubscribed by 4.31 times after a total of 3,853 applications for 214.26 million new shares were received.For the remaining public portion, a total of 4,404 applications for 426.59 million new shares were received, which represents an oversubscription rate of 9.58 times.Meanwhile, the 48.38 million new shares for its eligible directors, employees and persons who have contributed to the success of SNS group have also been fully subscribed.SNS Network, scheduled to be listed on the ACE Market on Sept 2, is expected to raise RM90.72mil from its public issue of 362.88 million new shares at an issue price of RM0.25 per share.The listing also includes an offer for the sale of 48.38 million existing shares to selected investors by way of private placement.Based on the enlarged share capital of 1.61 billion shares, the total market capitalisation of SNS Network upon its listing would be RM403.19mil.M & A Securities Sdn Bhd is the adviser, sponsor, underwriter and placement agent for the IPO exercise.


转载说明:本文转载自Sunbet。
 当前暂无评论,快来抢沙发吧~

发布评论