Investor interest is gaining momentum in the initial public offering (IPO) of Barka Desalination Company or BDC (under transformation). The company, alongside the issue manager Bank Muscat Investment Banking, has been holding several meetings with key investors for Phase I of the IPO (i.e. book building).
With the commencement of the phase 1 (book-building process) of its initial public offering (IPO), Barka Desalination Company (BDC) has said that the investors interest in its IPO is gaining momentum