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DUBAI, 9th November, 2022 (WAM) Emirates Central Cooling Systems Corporation PJSC (“Empower” or the “Company”), today announces that, following the successful completion of the book-build and public subscription process for its initial public offering (“IPO” or the “Offering”), it has set the final offer price for its IPO at AED1.33 per share, at the top of the price range. Following two successful upsize announcements, a total of 2,000,000,000 ordinary shares (“Offer Shares”), equivalent to 20.0 percent of Empower’s total issued share capital, were offered.. ....
DUBAI: Toll operator Salik raised 3.73 billion dirhams ($1.017 billion) in an initial public offering on the Dubai Financial Market, according to a statement. The IPO was oversubscribed 49 times across all tranches, with gross demand totaling 184.2 billion dirhams. Its offering price was 2 dirhams per share, giving it a valuation of 15 billion dirhams. In comparison to the ....
Salik Company, Dubai’s exclusive toll gate operator, on Thursday announced the successful completion of the bookbuild and public subscription process for its initial public offering (IPO) on the Dubai Financial Market (DFM). ....
DUBAI, 22nd September, 2022 (WAM) Salik Company, Dubai’s exclusive toll gate operator, today announced the successful completion of the bookbuild and public subscription process for its initial public offering (IPO) on the Dubai Financial Market (DFM). The Company confirms the previously announced upsized offering size of 1,867,500,000 ordinary shares ("Offer Shares"), equivalent to 24.9% of total issued share capital, along with the offer price of AED2.00 per ordinary share. This results in total gross IPO proceeds of over AED3.7 bn ($1.0 bn) to be. ....