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

Bahrain’s Baraka says Syria unit IPO oversubscribed

Posted on 03 November 2009

From Reuters: Bahrain’s largest Islamic lender Al Baraka said on Monday the initial public offering (IPO) of its Syrian unit has been oversubscribed.

“We have already 150 percent, and I anticipate we will close at around 200 percent,” Chief Executive Adnan Yousif told Reuters……………………..Full Article: Source

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