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Takaful awards 7.25pc allotment
- United Arab Emirates: Sunday, August 24 - 2003 at 09:17
Following oversubscription in the USD8.9m IPO of Abu Dhabi National Takaful Co., promoters have decide to award 7.25 per cent allotment to all subscribers. More 2,815 investors had oversubscribed the IPO by 13 times to total USD124m. Takaful has a capital of USD16.2m.
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