Monday, 14 July 2014 01:52
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Lucky Lanka Milk Processing Company Ltd. has announced that its Rs. 300 m Initial Public Offering (IPO) of 38 m Ordinary Voting shares at Rs. 6 per share and 24 m Ordinary Non-Voting Shares at Rs. 3 per share has been oversubscribed.
The company received applications for more than 38 m Ordinary Voting Shares (Rs. 228 m) and 24 m Ordinary Non-Voting Shares (Rs. 72 m) and subsequently closed at 4:30 p.m. on 11 July.
