GIS raises QR8.9bn in IPO
Qatar: Saturday, March 22 - 2008 at 16:45
Gulf International Services (GIS) has successfully raised QR8.9bn from about 166,000 Qatari investors who subscribed to its initial public offering (IPO). GIS is a newly established holding company comprising of Al Koot Insurance and Reinsurance Company, Gulf Drilling International Limited and Gulf Helicopter Company.
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Medilyn Manibo, Assistant News EditorSaturday, March 22 - 2008 at 16:45 UAE local time (GMT+4)
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