KUALA LUMPUR: The public portion of KJTS Group Bhd’s initial public offering (IPO) has been oversubscribed by 30.86 times.

       KJTS Group, which is set to debut on the ACE Market on Jan 26, 2024, provides integrated building support services in Thailand and Singapore

       In a statement yesterday, KJTS said the public issue comprising 548.07 million new shares was made available for application.

       A total of 9,632 applications for 1.11 billion shares were received from the public.