MNT-Halan retail IPO draws subscriptions of 2.68 times available shares on 3rd day

· Egyptian market news · ARAB

The retail tranche of MNT-Halan ’s initial public offering (IPO) attracted orders for approximately 128.81 million shares on its third day, covering the 48 million shares available to individual investors about 2.68 times.

The offering comprises 320 million shares, equivalent to 20% of its total share capital of 1.6 billion shares, at an offering price…

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Source: Arab Finance — read the original story

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