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Burooj eyes IPO in 2010
- United Arab Emirates: Thursday, December 18 - 2008 at 14:51
Adel Ahmed Al Zarouni, managing director of Burooj Properties, told AME Info that the company is hoping to launch an IPO in 2010. The Abu Dhabi-based company is preparing itself internally to be ready for the listing, Al Zarouni said, but the deciding factor about whether the firm will proceed with the offering will be market conditions. 'At the end of the day it is the shareholder's call,' he noted.
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Jeff Florian, Senior ReporterThursday, December 18 - 2008 at 14:51 UAE local time (GMT+4)
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