Alliance Financial announces IPO at just under $2 billion
Established 24 years ago, Alliance Financial Services' main product lines are foreign exchange services, remittances and more recently, card services. Alliance Financial Services Limited (AFSL) has announced an Initial Public Offering (IPO) for just under $2 billion in shares to the public. Selling shareholders and Alliance founders, Robert and Peter Chin, are inviting the public to purchase up to 1,252,294,335 shares at the price of $1.59 per share in the IPO being offered and arranged by JMMB. The offer opens on December 28, 2020, until January 11, 2021. Established 24 years ago, AFSL’s ...
Source: loopjamaica.com