Mackwoods Energy shares debut today

25 April 2012 06:03 am - 0     - {{hitsCtrl.values.hits}}

A A A

Hundred million ordinary voting shares of Mackwoods Energy Limited (MEL) will be listed today on the Diri Savi Board of the CSE with the security code MEL.N000. The company will be classified under the Power and Energy Sector.

MEL raised Rs.350 million through the issue of 25 million shares to the public at Rs.14 each, amounting to a 25% stake of the company, post IPO. The IPO was oversubscribed by 1.14 times drawing 512 applications for 28,476,100 shares.

With a view to maximize investor participation, all retail investors and investors who applied up to and inclusive of 3,571,400 under non-retail investor category were allotted 100% of the shares applied for. Investors who applied for more than 3,571,400 shares were allotted minimum of 3,571,400 plus 24.67% of the shares applied for over and above 3,571,400 shares.

See Kapruka's top selling online shopping categories such as Toys, Grocery, Flowers, Birthday Cakes, Fruits, Chocolates, Clothing and Electronics. Also see Kapruka's unique online services such as Money Remittence,News, Courier/Delivery, Food Delivery and over 700 top brands. Also get products from Amazon & Ebay via Kapruka Gloabal Shop into Sri Lanka.

 

  Comments - 0

See Kapruka's top selling online shopping categories such as Toys, Grocery, Flowers, Birthday Cakes, Fruits, Chocolates, Clothing and Electronics. Also see Kapruka's unique online services such as Money Remittence,News, Courier/Delivery, Food Delivery and over 700 top brands. Also get products from Amazon & Ebay via Kapruka Gloabal Shop into Sri Lanka.

 

 

Add comment

Comments will be edited (grammar, spelling and slang) and authorized at the discretion of Daily Mirror online. The website also has the right not to publish selected comments.

Reply To:

Name - Reply Comment




Pad politics is back

In November 2019, in the run up to the Presidential election, Sri Lanka debat

ANYTHING FOR MONEY

Some unregulated online lenders are remotely taking control of phones of thos

Frontline cops charge negligence by high-ups worsened police cluster

The police have done an invaluable service in the frontlines to combat the CO

US Vice President-Elect Kamala Harris’s Key Sri Lankan Tamil Aide

An overwhelming feeling of relief has descended upon the world-not merely th

See Kapruka's top selling online shopping categories such as Toys, Grocery, Flowers, Birthday Cakes, Fruits, Chocolates, Clothing and Electronics. Also see Kapruka's unique online services such as Money Remittence,News, Courier/Delivery, Food Delivery and over 700 top brands. Also get products from Amazon & Ebay via Kapruka Gloabal Shop into Sri Lanka.