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NewsCatcha Media’s 3m shares for public oversubscribed 10.6 times
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Catcha Media’s 3m shares for public oversubscribed 10.6 times
by hlk Mon 18 Jul 2011, 19:52
KUALA LUMPUR: Catcha Media Bhd’s three million new shares offered to the public under its listing exercise were oversubscribed by 10.67 times.
It said on Monday, July 18 there were 3,197 applications for 34.99 million shares with a value of RM26.25 million were received from the Malaysian public.
Catcha Media said the 31 million shares under the private placement and offer for sale saw 100% subscription by the 54 selected investors.
STAR PUBLICATIONS (M) BHD [] said on July 4 it had taken up 4.99% or 6.636 million shares of the enlarged paid-up of Catcha Media for RM4.97 million. Star said the proposed acquisition was anticipated to add value to Star’s current portfolio of high-growth media assets
Catcha is scheduled to be listed on the ACE Market of Bursa Malaysia Securities on Friday, July 22.
It said on Monday, July 18 there were 3,197 applications for 34.99 million shares with a value of RM26.25 million were received from the Malaysian public.
Catcha Media said the 31 million shares under the private placement and offer for sale saw 100% subscription by the 54 selected investors.
STAR PUBLICATIONS (M) BHD [] said on July 4 it had taken up 4.99% or 6.636 million shares of the enlarged paid-up of Catcha Media for RM4.97 million. Star said the proposed acquisition was anticipated to add value to Star’s current portfolio of high-growth media assets
Catcha is scheduled to be listed on the ACE Market of Bursa Malaysia Securities on Friday, July 22.
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