The IPO of Kin Global Limited is approximately four times subscribed.

Priced at 23 cents each, the IPO comprised of one million shares through public offer and 23.93 million shares through the placement offer, which includes 5.148 million reserved shares set aside for its management, directors, employees and business associates.

At the close of the offer on April 21, 12pm, for the public offer tranche, Kin Global saw 419 valid applications for 29,531,600 public offer shares, which translates to being around 29.5 times subscribed.

https://www.theedgesingapore.com/capital/ipo/ipo-kin-global-approximately-four-times-oversubscribedhttps://www.theedgesingapore.com/capital/ipo/ipo-kin-global-approximately-four-times-oversubscribed