PETERLABS SHARES OVERSUBSCRIBED

KUALA LUMPUR, July 14 (Bernama) -- PeterLabs Holdings Bhd which is enroute

for listing on the ACE Market of Bursa Malaysia received a total of 3,573

applications for 89,350,900 shares from the Malaysian public for the 15,000,000

shares it offered to the public under its initial public offering.

This was an oversubscription rate of 4.96 times, a statement issued by

Malaysian Issuing House on behalf of the company said here today.

PeterLabs had alloted 50 per cent of the shares offered to the public to the

Bumiputera category.

MIH said a total of 1,162 applications for 24,327,300 shares were received

for the Bumiputera category, representing an oversubscription of 2.24 times

while under the public category, 2,411 applications for 65,023,600 shares were

received, representing an oversubscription of 7.67 times.

The advisor, sponsor, underwriter and placement agent for the public issue /

offer for sale is Alliance Investment Bank Bhd. -- BERNAMA

PKP SD