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50 million Ordinary Shares are to be offered to the general public by tender offer. Interested parties were invited to bid for share in the rage $2.20 – $2.60 per share. The results are as follows.
Price No. of Share bids
2.20 5
2.30 35
2.40 55
2.50 44
2.60 25How the shares will be allocated?
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