ValueMax Group Ltd. (SG:T6I) has released an update.
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ValueMax Group Limited has successfully subscribed for 150 million shares in the oversubscribed initial public offering (IPO) of Well Chip on Bursa Malaysia, indicating strong investor interest. The IPO was divided into a retail offering for Malaysian public and an institutional offering, both of which have been fully placed out by Kenanga Investments Bank Berhad and CGS International Securities Malaysia Sdn Bhd. The company promises to keep shareholders informed on further developments regarding the IPO.
For further insights into SG:T6I stock, check out TipRanks’ Stock Analysis page.
