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Malacca Trust Limited announced that its initial public offering has been fully taken up. In connection with its listing on the Catalist board of the Singapore Exchange Securities Trading Limited, Malacca Trust's IPO of 85,000,000 new shares comprises 2,000,000 offer shares at S$0.22 each by way of public offer and 83,000,000 placement shares at S$0.22 each by way of placement. At the close of the invitation at 12.00 noon on 22 July 2011, 296 valid applications were received for the 2,000,000 offer shares made available to the public for subscription at S$0.22 each. In total, these applicants applied for an aggregate of 28,933,000 offer shares, with application monies received amounting to approximately S$6.4 million...Attachments:
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