| Journal Call no. | AP8.W56 |
|---|---|
| Article Title | Lively stock : NFH oversubscribed. |
| Is Part Of | Window ; v.4, no.39, 6 Oct 1995, p.60. |
| Abstract | Food trader Ng Fung Hong's new shares are about as popular as their marketable livestock. Eighty per cent of the new share issue reserved for institutional placement has been oversubscribed by about eight to 10 times. Consequently, investors pushed the share price to a high-end $3.28 through a book-building process, allowing NFH to raise a whopping $1.27 billion. |