After DEWA, Dubai's next big IPO - Tecom Group - is all set to open June 16
Tecom Group plans Dh800m payout for each of the next 3 years
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Tecom Group plans Dh800m payout for each of the next 3 years
Tecom’s tenant retention rate of 87% indicates Dubai’s strong Covid-resilient credentials
Business park operator to list shares on DFM on July 5, institutional and retail investors can buy shares from June 16
RIYADH: TECOM Group, a member of the Dubai Holding group, plans to list its ordinary shares on the Dubai Financial Market on July 5 in an initial public offering. Tecom Group, which owns and operates 10 sector-focused business districts across Dubai, is offering 625 million ordinary shares, representing 12.5 percent of the company's issued capital, according to a statement by
Tecom Group, a member of the Dubai Holding group, on Thursday announced its intention to proceed with an Initial Public Offering (IPO) and to list its ordinary shares for trading on the Dubai Financial Market (DFM).