Icon shares gain on listing day - The Nation Online: It was all smiles yesterday for shareholders of newly-formed property development and management firm, Icon Properties plc, as they saw the share price increase from K8.75 to K12 per share on listing day on the Malawi Stock Exchange (MSE).
Market analysts have since described Icon Properties’ listing as a significant feat which will provide diversified products on MSE.
The listing, which broke MSE’s 10-year listing drought, followed a successful Initial Public Offer (IPO) of 1.68 billion shares that raised K14.7 billion from investors
Market analysts have since described Icon Properties’ listing as a significant feat which will provide diversified products on MSE.
The listing, which broke MSE’s 10-year listing drought, followed a successful Initial Public Offer (IPO) of 1.68 billion shares that raised K14.7 billion from investors
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