Page 49 - Commodities Authority News Today

DEWA is expected to list on the Dubai Financial Market on or around April 12, 2022.

Power utility is likely to raise as much as Dh20.91 billion; IPO is likely to oversubscribed multiple times

Strategic investors will be allocated around 7%, and with a lock-up period

Dubai Electricity and Water Authority (DEWA) today announced that following approval from the UAE Securities and Commodities Authority (SCA), it has exercised its right to increase the number of shares offered in its initial public offering.

DUBAI, 30th March, 2022 (WAM) -- Dubai Electricity and Water Authority PJSC (DEWA) today announces that, following approval from the UAE Securities and Commodities Authority (SCA), it has exercised its right to increase the number of shares offered in its initial public offering from 3,250,000,000 ordinary shares to 8,500,000,000 ordinary shares, which would result in a free float of 17 percent of DEWA’s share capital, with the Government of Dubai continuing to own 83 percent of DEWA's sh...

Strategic investors will be allocated around 7%, and with a lock-up period

Dubai Electricity and Water Authority (Dewa) on Wednesday announces that, following approval from the UAE Securities and Commodities Authority (SCA), it has exercised its right to increase the number of shares offered in its initial public

Eshraq will issue new shares to Goldilocks’ investors as part of buyout

On February 28, 2022, Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Ruler of Dubai, approved Law No. 4 of 2022 on the Regulation of Virtual Assets in the Emirate of Dubai (the "Virtual Assets Law").

Union Properties intends to recover misappropriated funds' by earlier management