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apple developer account for sale :Flexidynamic IPO shares oversubscribed


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,(From left) M&A Securities Sdn Bhd corporate finance managing director Datuk Bill Tan, Tricor Group Malaysia chief executive officer and managing director Yeap Kok Leong, Flexidynamic Holdings Bhd chairperson Phang Sze Fui and managing director Tan Kong Leong at Flexidynamic Holdings Bhd’s initial public offering ceremony. KUALA LUMPUR: Flexidynamic Holdings Bhd’s initial public offering (IPO) has been oversubscribed by 155.72 times. “The subscription amount is the highest ever for an IPO in the past three years” said M&A Securities Sdn Bhd managing director of corporate finance Datuk Bill Tan. “This marks the pent-up demand for quality IPOs backed by the return of positive investor sentiment for fundamentally solid businesses, ” he added. M&A Securities is the principal adviser, sponsor, underwriter and placement agent for the IPO. Flexidynamic is involved in the design, engineering, installation and commissioning of glove chlorination systems, as well as the design and installation of storage tanks and process tanks for the glove manufacturing industry. The company has a manufacturing facility in Banting, Selangor, and an office in Thailand. It has a market presence in Malaysia, Vietnam, Thailand, Indonesia and Sri Lanka.


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