Shuaa Capital mandated to run IPO of Able Logistics Group | The National

Shuaa Capital mandated to run IPO of Able Logistics Group | The National:



"Shuaa Capital said it has been mandated to run the initial public offering of Able Logistics Group, a freight forwarding, land transportation and warehousing services company.



The Dubai investment bank will be the exclusive financial advisor, lead manager and book runner for the issue which will list on the Dubai Financial Market this year, it said in a statement today. Shares of Shuaa rallied as much as 15 per cent to Dh1.64 each this morning."



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