MUSCAT : The total value of the shares subscribed reached approximately RO 1.814 billion, with each share valued at 390 baisas.
The subscription garnered a total of about 4 billion and 820 million shares, significantly surpassing the 2 billion shares offered for public subscription. This strong response underscores the confidence that both local and foreign investors have in the issuing company and the broader Omani capital market.
The allocation plan includes a minimum of 8,000 shares plus 23 percent for small individual investors. For major investors, 32.6 percent of the subscribed shares will be allocated, while 29.8 percent will be designated for institutional investors.
For all the latest news from Oman and GCC, follow us on Twitter, Instagram and LinkedIn, like us on Facebook and subscribe to our YouTube page, which is updated daily.
Read More
- Bank Muscat at Oman Science Festival: Towards advancing community driven by innovation, technology and knowledge
- Al Mouj Muscat welcomes first residents to exclusive Jinan Island Community
- Oman crude oil price drops USD 9.05
- O-GREEN’s Mawarid Turbine, Shanghai Electric sign deal to boost Oman’s wind industry
- South Korea’s exports surge 93.7% in October





