Today 23^rd June 2011, the SSP Corporate Services (Pvt) Ltd announced to CSE the Browns Investments Limited IPO is oversubscribed of its 50 Million Shares at an issue price of Rs.5.00

Therefore the Issue will be closed at 4.30 PM today as per the prospectus.

Source: http://www.cse.lk/cmt/upload_cse_announcements/611308808733_.pdf

Related Sources:

http://synergyy.com/2011/06/02/browns-investment-limited-offer-for-subscription/

http://synergyy.com/2011/06/18/browns-investments-limited-%e2%80%93-initial-public-offerings/

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