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Wednesday, 1 March 2017

Gulf Craft plans IPO by end of 2017 | The National

Gulf Craft plans IPO by end of 2017 | The National:

"Gulf Craft, the UAE’s biggest yacht manufacturer, is looking to float on the Dubai Financial Market before the end of the year.

The likelihood of an initial public offering is being evaluated currently, the chief executive Erwin Bamps said at the Dubai Boat Show today.

The boat builder’s stable of nautical craft ranges from a 27-foot cruiser to a 155ft mega yacht launched in 2015.

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