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Empower's retail tranche grows three-fold amid big investor demand

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.
United Arab Emirates Abu Dhabi Abuz Aby United Arab Emirates General Emirates Central Cooling Systems Corporation Dubai Holding

Empower IPO size increased for second time on big investor demand

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.
United Arab Emirates Emirates Central Cooling Systems Corporation Dubai Holding Merrill Lynch International Water Authority Dewa Commodities Authority

Empower offer size increased to 15%; IPO set to raise $362m

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).
United Arab Emirates Emirates Central Cooling Systems Corporation Dubai Holding Commodities Authority Water Authority Dewa Tradearabia News Service

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Emirates News Agency - Taaleem announces its intention to float on Dubai Financial Market

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...
United Arab Emirates Galan Williamson Partnership Schools National Investor Number Taaleem Holdings Commodities Authority
Source: wam.ae

Empower unveils price range for key IPO; subscription opens

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.
United Arab Emirates Abu Dhabi Abuz Aby United Arab Emirates General Emirates Central Cooling Systems Corporation Dubai Holding

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