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Source: khaleejtimes.com
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A total of 625,000,000 shares, equivalent to 12.5 per cent of Tecom Group’s issued share capital, were issued.
Tecom, the operator of 10 strategic, sector-focused business districts across Dubai and a key contributor to the rapid growth of knowledge and innovation-based sectors, has completed its DFM listing, raising AED 1.7 billion ($463 million) through an IPO.