Browse
related articles
New law to boost IPOs in Abu Dhabi
- Wednesday, March 05 - 2008 at 09:58
The head of the Abu Dhabi Securities Market said expected changes in the emirate's commercial companies law may encourage family businesses to go public and will bring a boom in IPO activity during next couple of years, reported Khaleej Times. ADSM's director general Tom Healy said the new law will help launch 'hundreds of companies going public and raise hundreds of millions of dollars worth capital'. The new offerings will give depth to the market, which has Dhs435bn ($119bn) capitalisation from 66 listed companies and two convertible bonds, he added.
Related Content
Article Options
Jeff Florian, Senior ReporterWednesday, March 05 - 2008 at 09:58 UAE local time (GMT+4)
Replication or redistribution in whole or in part is expressly prohibited without the prior written consent of AME Info FZ LLC / Emap Limited.
Disclaimer »
Articles in this section are primarily provided directly by the companies appearing or PR agencies which are solely responsible for the content. The companies concerned may use the above content on their respective web sites provided they link back to http://www.ameinfo.com
Any opinions, advice, statements, offers or other information expressed in this section of the AMEinfo.com Web site are those of the authors and do not necessarily reflect the views of AME Info FZ LLC / Emap Limited. AME Info FZ LLC / Emap Limited is not responsible or liable for the content, accuracy or reliability of any material, advice, opinion or statement in this section of the AMEinfo.com Web site.
For details about submitting your stories, please read the guide - all content published is subject to our terms and conditions
