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ABU DHABI: Three subsidiaries of International Holding Company (IHC) will be listed on Abu Dhabi Securities Exchange’s (ADX) Second Market in the second quarter of 2021, the company said in a filing on Thursday. Real estate company Emirates Stallion Group (ESG), Al Seer Marine Supplies & Equipment Co. and an as yet unnamed third company will be listed, IHC said. IHC, one of Abu Dhabi’s largest conglomerates is chaired by HH Sheikh Tahnoon Bin Zayed Al Nahyan, national security adviser to the UAE. Last year it listed Palm Sports, Easylease and Zee Stores on ADX’s Second Market. ESG, f...

IHC to list three subsidiaries on ADX Second Market in Q2 07 May 2021 Investors monitor screens, displaying stock information, at the Abu Dhabi Securities Exchange. File/Reuters Three subsidiaries of Abu Dhabi Securities Exchange (ADX)-listed International Holding Company (IHC) will be listed on the exchange’s Second Market commencing in second quarter of 2021. The listing will create an attractive opportunity for current and new investors to take part in the growth of the companies, as well as benefitting IHC as a result of increased profile raising and higher...

SHARE International Holding Company (IHC) will list three subsidiaries on Abu Dhabi Securities Exchange’s secondary market to boost their growth. Boat manufacturer Al Seer Marine and Emirates Stallion Group (ESG) will be listed in the second quarter of this year, the company said in a statement on Friday. It is also going to list another subsidiary and the company will disclose the name in the coming weeks. “The listing will create an attractive opportunity for current and new investors to take part in the growth of the companies, as well as benefitting IHC as a result of increased profil...

IHC's industrials vertical owns stakes in a number of businesses, including Quantlase Imaging Lab, the company behind the rapid Covid-19 screening system operated on the border between Abu Dhabi and Dubai at Ghantoot. It also owns Tamouh Healthcare, Pure Health and asset management company Eltizam Group. The capital unit contains its International Securities arm, a securities brokerage acquired from Dubai-listed investment bank Shuaa in 2019. IHC's acquisition spree over the past 12 months has led to substantial growth in the size of the company's balance sheet and its value. At the end of Ma...

The DFM gained 0.99 per cent and ADX 1.98 per cent for the week ended April 8. The top gainers were International Holding Co. (35 per cent), Gulf Cement Co (14.35 per cent), Arkan Building Materials (13.23 per cent), Zee Stores (9 per cent) and Abu Dhabi National Takaful (6.56 per cent). With a spectacular rise of 105 per cent, International Holding is the top performer so far this year. The company's shares are supported by a string of acquisition deals that help it grow at a terrific pace. The second best was Dubai Insurance Co. with 78 per cent. Agthia Group, an Abu Dhabi based F&B compan...