Oman pips London in 2024 IPO race
The UAE, Oman, and Malaysia have secured higher rankings in Bloomberg’s global IPO venue list
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The UAE, Oman, and Malaysia have secured higher rankings in Bloomberg’s global IPO venue list
Qualified investors will be able to subscribe to the IPO starting Sunday, 15 December
The offering was nearly 17x covered
Proceeds are earmarked for expansion, marketing drives, and working capital
The proceeds will go to supporting the company’s expansion plan
The IPO is shaping up to be the year’s second largest offering
PLUS: UK Prime Minister Keir Starmer is set to visit Riyadh in the coming days
Masarrah Investment, Mohamed Abdulaziz Al Habib & Sons, and Frontier Investment Management Partners all committed to cornerstone investments
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