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Kwa Nokeng Oil Holdings has increased its IPO size to 166 million Pula ($118 million) due due to oversubscription.
Kwa Nokeng Oil Holdings Ltd. increased its initial public offering (IPO) to 166 million pula (approximately $118 million) after share subscriptions exceeded the original offering size by about one-fifth. This move comes as the Botswana Stock Exchange emerges from nearly eight years without new listings.
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