Thanks, this is useful information. I had a traget of applying for more shares, but I could be trying my money. I may have to distribute more to Bralirwa.

If the existing shareholders have oversubscribed, what about the new members? Remember this is a rights/cum private placement

@PKOLI=I have been following up on the CIC subscription rate and yesterday was the last day for CO-Op Bank staff to apply for the shares.The guy tells me staff wamechukua loans mingi to buy the shares.i am not sure of CIC staff but he tells me its a great stuff for them since anaona udosi mbele yake upon IPO.Mimi i took up my rights plus additional though pesa imeisha but i will comit part of my monthly incomes in increasing my steak till IPO time.Like i said Bahamas ndio target ya my holiday upon selling CIC in IPO.

@PKOLI=Yeah. but Southern Sudan will depend on hii mwarabu kichwa ngumu Albashir for him to accept the referundum to be carried out.Where's Southern Sudan people have said whatsoever case it will be for now its a matter of wait and see.But i am optimistic it will work.

@PKOLI-do you have any idea on the subscriotion rate results for the just concluded Rights issue for CIC Insurance?I just called the Company secretary to give the results but says untill the Board meets.Officially results will be released on 15th January.Although she says "we are doing fine''.Any clue may be from your side?

let us wait till next week to have a feeling of the subscription. I think, the subscription will be around 120%. Slight oversubscription

I hope we will get some good allocation since the whole exercise was only open to Sacco members.

I hear it was oversubscribed in a bigway. what did you expect with Coop bank showing such a huge interest? I do not know whether there will be refunds or the oversubscribed shares will be given to the applicants subject to the sharecapital of CIC. Remember it was increased significantly

......thanks guys, I think we may have to wait till 15th January coz in the memorandum they indicated that they would give the rsults then.....

Some application forms for new shareholders did indicate 2000 shares minimum

@Tupac, &PKoli. Rem there wasn't much publicity on new applicants. @pkoli did a good job when she insisted (I hope I'm rt on gender) that the AGM had approved sale to new shareholders. I applied for more than 2,000 shares so I think I'm safe. So we wait and see.