Credit Bureau Asia’s (CBA) initial public offering (IPO) on the SGX-ST’s Mainboard has received strong support from institutional and retail investors.

At close of subscription on Dec 1, 12pm, the offer was 60.8 times covered, with 4,323 valid applications for the 1.5 million public offering shares.

The applicants applied for a total of over 91.2 million public offering shares, with application monies amounting to some $84.9 million.

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