UUE HOLDINGS BERHAD
KLSE: UUE (0310)
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0 Million
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52 Weeks Range
52 Weeks Price Volatility (%)
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Next QR | Est. Ann. Date
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Market Buzz
2024-06-22
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Company Profile
Description:
UUE Holdings, initially incorporated as a private limited company in Malaysia on July 21, 2022, transitioned to a public limited company on August 21, 2023. As an investment holding entity, UUE Holdings, through its subsidiaries, offers underground utilities engineering solutions, specializing in HDD, open cut, and micro trenching excavation methods. Additionally, the company manufactures and trades HDPE pipes, supporting its engineering projects in Malaysia and Singapore. UUE Holdings primarily serves the electricity and telecommunications markets in these regions.
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A total of 25,019 applications for 3,188,496,600 new Shares with a value of RM765.2 million
were received from the Malaysian Public for 30,415,000 new Shares made available for the
Malaysian Public, which represents an overall oversubscription rate of 103.83 times.
For the Bumiputera portion, a total of 12,691 applications for 1,141,018,800 new Shares were
received which represents an oversubscription rate of 74.03 times.
For the public portion, a total of 12,328 applications for 2,047,477,800 new Shares were
received which represents an oversubscription rate of 133.64 times.
2 days ago
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