Kenya Pipeline Company (KPC) has concluded its Initial Public Offering (IPO), attracting overwhelming investor demand that oversubscribed the offer by 105 percent and raised KShs 106.3 billion in capital. Treasury Cabinet Secretary John Mbadi confirmed that applications reached 12 billion shares, far exceeding the 11.8 billion shares available. The oversubscription underscores robust market confidence in … Continue reading Oversubscribed Kenya Pipeline IPO deepens Kenya’s capital markets