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Damas lists on DIFX
- United Arab Emirates: Tuesday, July 08 - 2008 at 14:26
The Dubai International Financial Exchange (DIFX) welcomed the listing today of the ordinary shares of Damas International Ltd., the international jewellery retailer, following its initial public offering. Damas raised $270.6m from institutional investors at a price of one dollar per share. The company has more than 430 stores across the Middle East, North Africa and South Asia and is the leading jewellery retailer by number of stores in the GCC.
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Jeff Florian, Senior ReporterTuesday, July 08 - 2008 at 14:26 UAE local time (GMT+4)
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