WIRE — * Instead of concluding that investor demand was weak, one could argue that retail investors, high-net-worth individuals and other eligible investors absorbed the overwhelming majority of the offer * Despite the absence or limited participation of one of the market's largest institutional investor groups By Duncan Mlanjira Continental Holdings Limited (COL) has announced results of its Initial Public Offer (IPO) to start trading on the Malawi Stock Exchange (MSE) raising about K135.4 billion out of the K146.9 billion worth of shares that were on offer. When asked whether the CHL...
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