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Abu Dhabi’s IHC to List Three of Its Units Starting Next Week Bloomberg 12/17/2020 Filipe Pacheco © Photographer: George Rose/Getty Images North America VICTORIA, CANADA - JULY 02: Colorful motorscooters are lined up to rent to the tourists disembarking from the cruise ships on July 2, 2011 in Victoria, British Columbia, Canada. This coastal city, located on the southern tip of Vancouver Island, is a popular destination for cruise ships. (Photo by George Rose/Getty Images) (Bloomberg) -- The fourth biggest company by market capitalization in the United Arab Emirates wi...

IHC to list three subsidiaries on ADX Second Market ABU DHABI, December 17, 2020 International Holding Company (IHC) will list three of its subsidiaries on Abu Dhabi Securities Exchange’s (ADX) Second Market commencing late December 2020. It will give current and new investors an opportunity to participate in the growth of the companies, as well as benefitting IHC as a result of increased profile raising and higher visibility from these companies. Palms Sports Palms Sports will start trading on December 21 under the trading symbol PALMS. The company’s nominal value of share capital is...

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Set up in 2010, Palms Sports had assets of Dh344.5 million as of the end of September 2020 and employs more than 700 people. The company will start trading on December 21, with each share having a nominal value of Dh1. The share capital will be Dh150m. Zee Stores will make its market debut on December 23 under the trading symbol ZS. Founded in 2002, the company has a share capital of Dh100m and assets of Dh189m as at the end of September 2020. Easy Lease, which rents fleets of motorcycles to the delivery and courier sectors, will be listed after December 27 and has a nominal share capital of ...

Abu Dhabi group IHC to list three key units on ADX Second Market ABU DHABI, December 17, 2020 International Holding Company (IHC), a leading Emirati group with interests in real estate, manufacturing and financial services, said it plans to list three subsidiaries - Palms Sport, Zee Stores and Easy Lease - on Abu Dhabi Securities Exchange (ADX) Second Market by the end of this month.   It will give current and new investors an opportunity to participate in the growth of the companies, as well as benefitting IHC as a result of increased profile raising and higher visibility from these comp...