Page 6 - மஸ்கட் ஸ்டாக் பரிமாற்றம் News Today : Breaking News, Live Updates & Top Stories | Vimarsana
Sohar International Q1 net profit climbs 13 1pc
omanobserver.om - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from omanobserver.om Daily Mail and Mail on Sunday newspapers.
Sohar International Q1 net profit climbs 13 1pc
omanobserver.om - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from omanobserver.om Daily Mail and Mail on Sunday newspapers.
Sohar International conducts investor relations meet hosted by Muscat Stock Exchange
zawya.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from zawya.com Daily Mail and Mail on Sunday newspapers.
Middle-East region, becoming a leading independent tower infrastructure provider in
Oman with 2,890 sites. These assets are expected to deliver revenues of
$59 million and adjusted EBITDA of
$40 million in the first full year of operations with further growth anticipated through colocation lease-up and 300 build-to-suit ( BTS ) sites committed over the next seven years, for which
$35 million growth capex is expected to be invested1.
It is anticipated that the Transaction will close by the end of 2021, subject to approval by Helios Towers shareholders and customary completion conditions including approval from the Telecoms Regulatory Authority of Oman. Helios Towers has received irrevocable undertakings to vote in favour of the acquisition at a General Meeting from certain shareholders representing over 50% of issued share capital at the time of announcement.
Privatisation of Muscat utility planned by year-end Published: 9:47 PM, May 11, 2021
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MUSCAT, MAY 11
The partial privatisation of Muscat Electricity Distribution Company (MEDC) is due to be completed before the end of this year, top officials of Nama Group, the parent holding company of government-owned power and water assets, stated here on Tuesday.
Under Nama Group’s privatisation strategy, up to 70 per cent of its equity in MEDC the largest of the country’s distribution and supply entities is being offered for investment, effectively granting administrative and operational control to the strategic investor.
The balance 30 per cent will be eventually offered for public investment via an Initial Public Offering (IPO) to be floated on the Muscat Stock Exchange (MSX).