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Islamic Finance Briefing - Categorized | Capital Market (Equity, Mutual Funds), Insurance (Takaful) more

ACE Arabia Cooperative Insurance Company plans IPO

Posted on 19 March 2009

From Menareport.com: ACE Arabia Cooperative Insurance Company has announced that it will make an Initial Public Offering (IPO) on the Tadawul in Saudi Arabia. The IPO will take place on 18th April 2009 and will run until the 27th April 2009.
ACE Arabia will list with capital of SAR 100 million ($26.6 million) and four million shares will be offered to the public which represents 40 per cent of the company shares….. Full Article: Source

 
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