• HSBC

250,000 storm Agthia IPO

  • United Arab Emirates: Sunday, January 23 - 2005 at 06:31

Over 250,000 investors will receive 1,000 shares in the initial public offering of Abu Dhabi based Emirates Foodstuff and Mineral Water Company, an official has told Gulf News. A total of 80m shares that had been allocated to the Abu Dhabi Investment Company and the Abu Dhabi Retirement and Benefits Fund will be transferred to the IPO to satisfy private investor response.

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