Browse
related articles
Naseej to launch IPO in November
- Bahrain: Tuesday, October 21 - 2008 at 10:07
The Founders of Naseej, the region's first fully integrated real estate and construction solutions provider, have announced that they would be launching what could be Bahrain's largest ever Initial Public Offering on November 18, 2008. Ithmaar Bank Chairman Khalid Abdulla-Janahi said IPO plans made before the financial crisis broke out would proceed as planned and stressed the importance of 'investing in the region'. Naseej, a $5.33bn company with a paid up capital of $663m, was created in June after Ithmaar Bank brought together major regional investors to raise 60% of the paid up capital. Ithmaar Bank had then said it would be making the remaining 40% available to the public by the end of the year.
Related Content
Article Options
Jeff Florian, Senior ReporterTuesday, October 21 - 2008 at 10:07 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
