30.08.2011 - Oman Arab Bank to float 25pct shares

Oman Arab Bank (OAB) has been cleared to float 25 per cent of its capital on the local bourse, its chief executive said on Monday. Oman allows companies to float a minimum 40 per cent of their capital on the Muscat Securities Market so OAB had to get government approval for an IPO of 25 per cent of its shares..............................................Full Article: Source

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