SUBSCRIBE TO TMCnet
TMCnet - World's Largest Communications and Technology Community

TMCNet:  BAHRAIN: First IPO since 2010 [Gulf, The (Bahrain)]

[September 01, 2014]

BAHRAIN: First IPO since 2010 [Gulf, The (Bahrain)]

(Gulf, The (Bahrain) Via Acquire Media NewsEdge) Telecoms firm Zain Bahrain will launch its initial public offering (IPO), aimed at raising $24 million, this month. The issue is the first in the kingdom since 2010, Gulf Daily News reported. The offer amounts to 15 per cent of issued share capital at a price of 190 fils (50 US cents). It remains unclear whether the Zain Group's ownership will be reduced below 50 per cent through the IPO, as a result of shareholders selling shares on a proportional basis.


(c) 2014 Al Hilal Publishing & Marketing Group Provided by SyndiGate Media Inc. (Syndigate.info).

[ Back To Technology News's Homepage ]

OTHER NEWS PROVIDERS







Technology Marketing Corporation

800 Connecticut Ave, 1st Floor East, Norwalk, CT 06854 USA
Ph: 800-243-6002, 203-852-6800
Fx: 203-866-3326

General comments: tmc@tmcnet.com.
Comments about this site: webmaster@tmcnet.com.

STAY CURRENT YOUR WAY

© 2014 Technology Marketing Corporation. All rights reserved | Privacy Policy