Genco 3’s IPO ends with only 3 percent of shares sold Business

Genco 3’s IPO ends with only 3 percent of shares sold

Only 3 percent of a total of 267 million shares offered in the initial public offering (IPO) of Power Generation Corporation 3 (Genco 3) on February 9 were sold successfully, a poor result given the high market expectations before the sale.
Four foreign investors eye GENCO 3 Business

Four foreign investors eye GENCO 3

Four foreign investors from India, Thailand, the Republic of Korea and the Middle East registered to buy 36 percent of the charter capital at the Power Generation Corporation 3 (GENCO 3) to become its strategic investors.