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Ithmaar, 150m shares in IPO
- Bahrain: Tuesday, February 07 - 2006 at 16:43
Bahrain based Ithmaar Bank will offer 150m shares in an initial public offering, due to open on 19 February 2006. Shamil Bank is lead issue manager, adviser and receiving bank, and BBK Bahrain a receiving bank. Kuwait's Global Investment House has also been appointed as a manager and listing adviser for the issue. The proceeds will be used for diversification and expansion, said officials.
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James McInerney, News EditorTuesday, February 07 - 2006 at 16:43 UAE local time (GMT+4)
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