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Singer Finance in a record breaking IPO

Dec 16, 2010 1:45:18 AM - adaderana.lk
The Singer Finance IPO has been subscribed by over a massive 120 times, setting a new record in terms of the level of oversubscriptions in an IPO in Sri Lanka, said, NDB Investment Bank (NDBIB), the Managers to the Issue. This is the highest ever oversubscription in an IPO in the country...