Retail Portion Oversubscribed by 6 Times For Boustead Plantations IPO
KUALA LUMPUR, June 16, 2014 – The initial public offering (IPO) of Boustead Plantations Berhad (BPB) received a strong response from investors, with its retail tranche for the Malaysian public being oversubscribed by 6 times. The IPO received 30,787 applications for 448 million shares valued at RM717 million from the Malaysian public. BPB’s institutional offering…