Friday, October 22, 2010

Mun Siong IPO Oversubscribed

Mun Siong Engineering felt a strong demand on its initial public offering (IPO) with 6.1 times subscription with 648.3 million applications for 107 million share.

Engineering design segment will also be developed for S$1 million and upgrading current database management system.

Mun Siong Engg also has plans to have presence in India, Malaysia and Vietnam with spending another S$4 million.

A total of S$18.9 million is expected with each share priced at Read more...

tags: mun siong ipo, mun siong, mun siong initial public offering, mun siong engineering

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