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November 8, 2022
Emirates Central Cooling Systems Corporation (Empower) has announced that its retail tranche size has been increased three-fold by its key shareholders to 300 million ordinary shares from 100 million due to significant demand and oversubscription.
November 5, 2022
Emirates Central Cooling Systems Corporation (Empower) has announced an increase in its IPO size for a second time on the back of strong investor demand and over subscription across all tranches. The new offering size is now 2 billion ordinary shares.
November 4, 2022
Decision to further increase the size of the IPO comes on the back of strong investor demand and oversubscription across all tranches
November 2, 2022
Emirates Central Cooling Systems Corporation (Empower), said the number of shares offered in its IPO has been increased from 1 billion to 1.5 billion ordinary shares on big investor demand. The IPO is likely to raise up to AED1.3 billion($362.1 million).
November 2, 2022
The companyโs market capitalisation at listing is expected to be between $3.56bn and $3.62bn
November 1, 2022
Empower, Dubaiโs district cooling company Emirates Central Cooling Systems Corporation, said on Tuesday that its selling shareholders have exercised their ..
October 31, 2022
DUBAI, 31st October, 2022 (WAM) -- Taaleem Holdings, one of the largest K-12 premium education providers in the UAE with a portfolio consisting of 26 schools, today announced its intention to proceed with an Initial Public Offering (IPO) and to list its ordinary shares for trading on the Dubai Financial Market (DFM).The Final Offer Price will be determined through the application of a book-building process, whereby a subscription orders ledger will be created through the subscription orders made...
October 31, 2022
Over the last few years, the United Arab Emirates (UAE) has taken steps to regulate the volatile crypto industry, as seen in the recentโฆ
October 31, 2022
Emirates Central Cooling Systems Corporation (Empower) has announced an offer price range of AED1.31 to AED1.33 per share for its IPO, thus implying a market capitalisation of AED13.3 billion ($3.6 billion). The subscription for Empower IPO starts today.
October 31, 2022
Taaleem Holdings, one of the largest K-12 premium education providers in the UAE with a portfolio consisting of 26 schools, today announced its intention to proceed with an initial public offering.