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Alkhabeer Capital, a Saudi Arabia-based investment advisory firm, plans to offer new shares worth about 30 percent of its capital in an initial public offering (IPO) on the local bourse by early 2014, its CEO said.
Alkhabeer, in which conglomerate Saudi Binladin Group is a top shareholder, is awaiting the regulatory nod to initiate the IPO process, CEO Ammar Shata said in Dubai………………………………………..Full Article: Source
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Islamic Finance Briefing - Categorized | Capital Market (Equity, Mutual Funds) more
Saudi’s Alkhabeer eyes 2014 IPO
| Posted on 06 December 2012 |
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