Semiconductor supplier Mi Material to debut on SGX after $168m IPO

Singapore-based semiconductor materials supplier Mi Material will list on SGX following a $168 million IPO. Subscriptions and indications of interest reached about S$305 million (US$238 million), 2.2 times the offering.

• Mi Material's SGX IPO raised $168 million
• Demand reached 2.2 times the offering size
• Subscriptions and interest totaled about S$305 million (US$238 million)