Hibiscus Petroleum makes muted debut
Publish date: Mon, 25 Jul 2011, 08:49 AM
KUALA LUMPUR: Hibiscus Petroleum Bhd made a muted debut on Bursa Malaysia on Monday, July 25 in line with the tepid overall market sentiment.
At 9.45am, Hibiscus shares fell eight sen to 54.5 sen with 15.33 million shares done, while its warrants rose 1.5 sen to 14 sen with 33 million units done.
Hibiscus is a special purpose acquisition company. Its public issue of 10 million new shares at 75 sen each made available to the public was oversubscribed 3.8 times.
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At 9.45am, Hibiscus shares fell eight sen to 54.5 sen with 15.33 million shares done, while its warrants rose 1.5 sen to 14 sen with 33 million units done.
Hibiscus is a special purpose acquisition company. Its public issue of 10 million new shares at 75 sen each made available to the public was oversubscribed 3.8 times.
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2011-07-25 17:10