UPDATE 1-Abu Dhabi bourse in talks over four potential IPOs, two this year | Reuters:
"Abu Dhabi Securities Exchange (ADX) is in discussions with four companies about listing on the index, with two potentially taking place before the end of the year, ADX Chief Executive Rashed al-Baloushi said on Monday.
Should the listings go ahead, they would the first on the exchange since 2009.
New flotations on the bourse had been held back by low investor confidence after the index slumped in the wake of the global financial crisis and a local real estate crash, as well as an unfavourable regulatory regime that pushed Abu Dhabi companies to seek listings in London."
'via Blog this'
No comments:
Post a Comment