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Du refund, share listing
- United Arab Emirates: Tuesday, March 21 - 2006 at 07:28
Du will refund IPO oversubscriptions from 3 April, with the stock expected to be listed on the Dubai Financial Market on 13 April, an official from investment bank EFG-Hermes told Gulf News. Analysts say refunds from the IPO that attracted applications worth more than $109bn should provide a boost to flagging stock markets.
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James McInerney, News EditorTuesday, March 21 - 2006 at 07:28 UAE local time (GMT+4)
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