Thursday, May 14, 2015
Dubai: Arabian Contracting Services has received an approval from the Capital Market Authority to sell 30 per cent stake or 16.5 million shares through an initial public offering.
The shares will be offered from June 10 through June 16, once the book-building process is complete, a statement posted on Tadawul’s website said.
A portion of the offered shares will be allocated to Institutional Investors, the statement added.
Staff Report
Gulf News 2015. All rights reserved.
