MM Group retail offering 4.7x oversubscribed so far

With one day to go in the subscription period, MTI’s retail offering is 4.7x oversubscribed, Al Borsa reports. The company previously announced that its institutional offering of 25.5% of the company’s shares at price of EGP 5.96 per share was 9x oversubscribed, the newspaper reports citing company sources. Trading on MM Group is set to begin on Tuesday, 11 April.