Wednesday, September 3, 2014

Bourse IPO oversubscribed by over 600pc

NAIROBI, Kenya, Sept 3 – The Nairobi Securities Exchange (NSE) has posted a 663.7 percent oversubscription in its Initial Public Offer at Sh4.7 billion against the target of Sh627 million. Investors applied for 504 million shares against the sale of 66 million shares garnering a subscription of 763.7 percent making it the highest oversubscription in […]

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