Sunday 10, February 2013 by Robin Amlôt

Bank Sohar rights issue heavily oversubscribed

The subscription results for Bank Sohar’s rights issue were approved by Capital Market Authority in Oman on 6 February 2013. The total rights offered was 100 million shares, out of which 94.12 million shares were subscribed through applicable rights. For the balance 5.88 million shares, applications for 232.10 million additional shares were received resulting in an allotment of 2.53 per cent.

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