Ranhill prices IPO after electrifying demand
With the deal oversubscribed before bookbuilding even began, Ranhill Energy and Resources was never really going to encounter any problems for its Rm753m ($237m) IPO. The Malaysian company priced the second largest Malaysian IPO of 2013 at Rm1.85 per share on Monday night, at the top of a range that was anchored at Rm1.70.
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