Tasweek reaffirms IPO plans for the first quarter | The National:
"The Abu Dhabi-based property investor Tasweek expects to launch an initial public offering this quarter after having postponed the issue because of market volatility, its chief executive said yesterday.
The firm, which was supposed to go public by last month, has yet to decide whether to list in Abu Dhabi or Dubai. The IPO for 55 per cent of the company’s shares is expected to raise between Dh500 million and Dh700m, said Masood Al Awar.
“We postponed it because we saw how the market was going, but the plan will go ahead,” he said."
'via Blog this'
No comments:
Post a Comment