Grand Twins International (GTI), Cambodia’s second stock exchange
listing, will list at the lower end of its expected buy-in range. GTI is to begin trading on May 29 with nine million shares at $2.41
each. In March it was reported that GTI was hoping for a price of between $1.85
and $3.50. The $2.41 price
tag means the Taiwanese garment manufacturer will raise $9.6 million in its
IPO, which it plans to use to further expand its business in Cambodia.
Source:
http://www.phnompenhpost.com/business/garment-maker-list-241-share
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