Hoo la la, oversubscribed 78x, I am one of the subscriber, I think I no luck.
KUALA LUMPUR (June 24): Go Hub Capital Bhd (KL:GOHUB) — an information technology (IT) services provider en route to listing on Bursa Malaysia’s ACE Market on July 3 — announced that the 20 million new shares offered to the Malaysian public have been oversubscribed by 78.71 times.
In a statement, Go Hub said it received a total of 20,452 applications for 1.59 billion shares, worth RM557.94 million from the Malaysian public.
Go Hub offered 107.18 million shares, which is equivalent to 26.8% of its enlarged issued share capital, via its initial public offering (IPO) exercise at 35 sen per share.
If you apply within that range, your success rate is merely 10+%.
I also apply that range. If you got it, you are sipeh lucky.