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Soya Supreme manufacturer APAG makes PSX debut
Agro Processors & Atmospheric Gases Limited (APAG), the manufacturer of Soya Supreme cooking oil and banaspati, was listed on the Pakistan Stock Exchange (PSX) on Tuesday following a gong ceremony at the PSX headquarters. The company’s public offering comprised 58.049 million ordinary shares, representing 15% of post IPO paid up capital. Of this, 43.537 million shares were offered through the book-building process at a floor price of Rs32 and ceiling of Rs44.80, with the strike price discovered at Rs33 per share. The book-building portion was oversubscribed 1.84 times, while the general pu...
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