Browse
related articles
Al Habtoor Leighton plans IPO
- United Arab Emirates: Thursday, August 28 - 2008 at 07:29
Al Habtoor Leighton Group, a Dubai-based contractor, plans to sell as much as 40% of its shares in an initial public offering in May, reported Bloomberg. Khalaf Al Habtoor said although the company does not need the capital from the IP, it would benefit from the 'structure and demands' that are part of being a publicly traded company. He also said an IPO would 'guarantee the continuity of the company'. "The company doesn't need capital from the IPO, but it would benefit from the structure and demands that come with being a publicly traded company," Khalaf Al Habtoor, chairman of Al Habtoor Group, said in Dubai. "An IPO would guarantee the continuity of the company."
Related Content
Article Options
Jeff Florian, Senior ReporterThursday, August 28 - 2008 at 07:29 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
