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-   -   UAE's Amanat Holdings says IPO oversubscribed (https://hameed.nwar.uk/vb/showthread.php?t=922958)

rss 11-08-2014 04:40 PM

UAE's Amanat Holdings says IPO oversubscribed
 
RIYADH, **v 8 (Reuters) - Amanat Holdings, a new United Arab Emirates company formed to invest in education and healthcare businesses, said on Saturday its 1.375 billion dirhams ($270 million) initial public offering was oversubscribed. The company said in an emailed statement that it collected more than AED 13.6 billion in its 16-day IPO, and that shares have been allocated proportionately to subscribers. It will list on the Dubai Financial Market in late **vember, it said. ...

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