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Ranhill retail investors to get partial refund

Ranhill Powertron power plant.jpg
Retail subscribers to Ranhill Holdings Bhd's initial public offering (IPO) will be returned nearly a third of the subscription price after a book-building exercise lowered the institutional price to RM1.20 (S$0.40) a share from the RM1.70 paid upon application under the retail offering.

Kuala Lumpur

RETAIL subscribers to Ranhill Holdings Bhd's initial public offering (IPO) will be returned nearly a third of the subscription price after a book-building exercise lowered the institutional price to RM1.20 (S$0.40) a share from the RM1.70 paid upon application under the...

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