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Burjeel Holdings IPO oversubscribed 29 times

Burjeel Holdings has announced the successful completion of the bookbuild and public subscription process for its Initial Public Offering (IPO) on the Abu Dhabi Securities Exchange (ADX). The price for the Offering has been set at Dhs2.00 per ordinary share (the Final Offer Price), and the offering size confirmed at 550,729,221 ordinary shares
Dubai Islamic Bank United Arab Emirates Abu Dhabi Abuz Aby Muhammad Rasoul Shamsheer Vayalil Parambath

Emirates News Agency - 'Salik' completes bookbuild for IPO raising over AED3.7 billion

DUBAI, 22nd September, 2022 (WAM) -- Salik Company, Dubaiโ€™s exclusive toll gate operator, today announced the successful completion of the bookbuild and public subscription process for its initial public offering (IPO) on the Dubai Financial Market (DFM). The Company confirms the previously announced upsized offering size of 1,867,500,000 ordinary shares ("Offer Shares"), equivalent to 24.9% of total issued share capital, along with the offer price of AED2.00 per ordinary share. This...
United Arab Emirates Abu Dhabi Commercial Bank Dubai Islamic Bank Abu Dhabi Abuz Aby Mashreq Bank
Source: wam.ae

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