Islamabad May 11 2022: With regards to Growth Enterprise Market (GEM) Board listing of Coeus Solutions Limited, the Book Runner of the Issue K-Trade, has intimated all concerned that participation in book building fell short of their expectations due to unprecedented market conditions on back of global economic situation and domestic political uncertainty.
Ceous Solutions received bids of 1,018,567 shares against offering of 5,000,000 shares at floor price of Rs 210 per share.
Hence, company has decided to cancel the book building process until further notice.
The registered bidders that their margin money shall be fully refunded within 3 working days.
