MNT-Halan retail IPO oversubscribed 43.6x times on final day
· Egyptian market news · ARAB
The retail tranche of MNT-Halan ’s initial public offering (IPO) attracted orders for approximately 2.093 billion shares on its sixth and final subscription day, with demand reaching 43.6 times the 48 million shares allocated to retail investors.
Subscription requests totaled nearly 2.093 billion shares, implying a proportional allocation ratio of approximately…
Source: Arab Finance — read the original story