PETALING JAYA: Sona Petroleum Bhd’s initial public offering (IPO) has garnered a significant amount of interest from the private banking clients of the two main investment banks handling the listing, according to sources.
Clients of CIMB Investment Bank Bhd and RHB Investment Bank Bhd showed interest for a combined RM3bil in the RM550mil IPO, bankers said. Most of this came from high net-worth individuals as well as some institutions.
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