Wamda

MNT-Halan completes IPO as retail tranche attracts over 41,500 subscription orders

Egyptian fintech MNT-Halan has begun trading on the Egyptian Exchange (EGX) under the ticker HALN.CA, following an initial public offering (IPO) that saw strong demand from institutional and retail investors. The IPO involved the sale of 320 million existing ordinary shares, representing 20% of MNT-Halan's issued share capital, by existing shareholder MNT Investments B.V. The offering comprised 272 million shares allocated to institutional and other private-tranche investors and 48 millshares al

By Wamda

1 min read
MNT-Halan completes IPO as retail tranche attracts over 41,500 subscription orders
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