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07 Dec
07:29

Amreli completes stock exchange listing

Amreli Steels has completed the formal listing of its shares on the Karachi Stock Exchange, Kallanish learns from the Pakistani rebar producer. The first settlement date was on 3 December. The book building phase of the initial public offering – consisting of 55.5 million shares – was concluded at the beginning of October and oversubscribed 2.5 times by institutional and high net worth individual buyers. Now the remaining 18.7 million shares will be …
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