Post merger and as part of organising its business structure in line with the new Business Model & Strategy which focuses on building its investment portfolio across strategic and non-strategic financial investments, the Board of Directors of Oman International Development & Investment Company SAOG (OMINVEST) has approved the establishment of a new subsidiary, ONIC SAOC, with an
Oman Daily Observer - 30-Dec-2015MUSCAT: Oman's Ministry of Commerce and Industry on Wednesday approved the merger between Oman International Development and Investment Company (Ominvest) and Oman National Investment Corporation (ONIC) Holding, according to a stock market filing.As a result, ONIC has been de-registered from the records of the commercial registry of the ministry and its shares will be suspended from trading on
Times of Oman - 20-Aug-2015MUSCAT: The Central Bank of Oman (CBO) has approved the merger of Oman International Development and Investment Company SAOG (Ominvest) and Oman National Investment Corporation Holding SAOG (ONIC), according to Muscat Securities Market (MSM) yesterday.There have been previous disclosures regarding the merger between Ominvest and ONIC.Analysts state that the merger will see a robust entity. "We
Oman Daily Observer - 02-Jul-2015A merger between Oman International Development and Investment Company (Ominvest) and Oman National Investment Corporation (ONIC) Holding was approved by the board of Central Bank of Oman (CBO).
Times of Oman - 23-Jun-2015The company is also seeking approval from shareholders on a swap ratio of 1.052 shares for every share help by the shareholder in the company and authorise the board to determine an effective date of the merger.
Times of Oman - 13-May-2015Access the most comprehensive database of companies and officers in the Middle East and North Africa, covering all major sectors and industries, from Refinitiv.
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