DOL 32.5m ordinary shares IPO today
By IRFAN MALIK August 6, 2008 KARACHI - The Descon Oxychem Limited (DOL) is going to conduct an initial public offer (IPO) of 32.5m ordinary shares at par value of Rs10 per share to the general public out of a total capital of Rs102.0m. The IPO is scheduled for August 6-7, 2008.
It was revealed in an analyst briefing held on Monday to provide a background of the company and its product. Analysts were of the view that DOL’s IPO will present an attractive opportunity for exposure in the growing Pakistan chemical sector.
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