16
Apr
01:00
Mughal Steel completes IPO to fund capacity hike, first settlement set for Friday
The shares of Pakistani steelmaker Mughal Steel have begun trading on the Karachi Stock Exchange after the producers’ application for listing received approval pending completion of formalities. The first transaction settlement will be on Friday, Kallanish learns from Mughal.
The market lot of the company will be 500 shares each of PRK 10 ($0.10). The company’s shares have already been declared eligible security by the Central Depository Company …
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Anonymous
Very good overview of the weekly steel market.
Anonymous