EcoSys ACE Market IPO oversubscribed 206.7 times on strong retail demand

What's the deal? EcoSys (Malaysia) BhdDealroom has a profile for this one. Try Dealroom →'s initial public offering has drawn strong retail demand, with the Malaysian public portion oversubscribed by 206.70 times ahead of its listing on Bursa MalaysiaDealroom has a profile for this one. Try Dealroom →'s ACE Market on October 14. The industrial solutions provider received 31,734 applications for 5.93 billion shares under that portion.

Who are they? EcoSys serves the pan-semiconductor industry.

The signal: The scale of oversubscription points to appetite for companies tied to the semiconductor supply chain, a sector that has drawn sustained investor interest.

Read more: businesstoday.com.my

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