Milky Mist IPO Fully Subscribed on Second Day

The $163 million IPO for Milky Mist has been fully subscribed on its second day of bidding, signaling strong investor confidence in the dairy brand.

The company, backed by Temasek, is seeking to expand its market presence, with grey market premiums currently signaling a potential 15% listing gain.

Retail and institutional investors have shown significant interest, with the final subscription numbers expected to be finalized by the close of the trading session.