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Abu Dhabi’s International Holding Company to list three subsidiaries on ADX Second Market
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They will be listed on the exchange’s Second Market in Q2 2021
May 9, 2021
Three subsidiaries of Abu Dhabi Securities Exchange (ADX)-listed International Holding Company (IHC) will be listed on the exchange’s Second Market in Q2 2021.
The three subsidiaries are: real estate company Emirates Stallion Group, Al Seer Marine and a third yet unnamed company.
Emirates Stallion Group (ESG) is one of IHC’s subsidiaries and has a diversified portfolio of businesses across engineering and construction, development and management of real estate.
IHC to list engineering, marine units on Abu Dhabi exchange
ABU DHABI, 2 hours, 26 minutes ago UAE-based International Holding Company (IHC) is set to list its key subsidiaries - Emirates Stallion Group (a major engineering and construction group) and Al Seer Marine - on the Abu Dhabi Securities Exchange (ADX) in the second quarter. A third unit will be named in the coming weeks. Emirates Stallion Group is one of IHC’s subsidiaries and has a diversified portfolio of businesses across engineering and construction, development and management of real estate and public realms and associated services. Ever since its inception in 2006, ESG has grown rapidly becoming the region’s only all-encompassing real estate partner. It is home to five fully owned subsidiaries, 90+ operational sites, 12 marketplace presence and 4 associates and joint ventures.
IHC to list three subsidiaries on ADX Second Market in Q2
07 May 2021 Investors monitor screens, displaying stock information, at the Abu Dhabi Securities Exchange. File/Reuters Three subsidiaries of Abu Dhabi Securities Exchange (ADX)-listed International Holding Company (IHC) will be listed on the exchange’s Second Market commencing in second quarter of 2021.
The listing will create an attractive opportunity for current and new investors to take part in the growth of the companies, as well as benefitting IHC as a result of increased profile raising and higher visibility from these companies.
Emirates Stallion Group is one of IHC’s subsidiaries and has a diversified portfolio of businesses across engineering and construction, development and management of real estate and public realms and associated services.