[Source: Kenyan Wall Street, by Mwakaneno Gakweli]
Private and professional investors oversubscribed to Mdundo.com’s listing on Nasdaq First North Growth Market Denmark by 111%.
The music download and streaming service received subscription orders worth DKK 84.3 million ($13.4M) against an offer of DKK 40 million ($6.3M).
Mdundo.com received subscriptions from 2,914 investors for 8,428,731 shares at the between August 17, the admission of its trading in Nasdaq Denmark to August 28, when the tender closed…
