Access Engineering shares debut on CSE today

Tuesday, 27 March 2012 00:50 - - {{hitsCtrl.values.hits}}

The maiden trading of shares of Access Engineering Ltd. (AEL) will take place today.

Under the Security Code AEL-N-0000, one billion ordinary voting shares will be listed on the Diri Savi Board of the CSE. AEL will be classified under the Construction and Engineering sector.

The AEL IPO for Rs. 500 million (20 million shares at Rs. 25 each), first for 2012, was oversubscribed by 1.5 times raising Rs. 773 million worth of applications.