SUBSCRIBERS
Ranhill retail investors to get partial refund
Published Fri, Mar 4, 2016 · 09:50 PM
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 retail offering.
Corporate observers said the va…
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