MUSCAT : This tranche represents 40 percent of the total shares offered for subscription, highlighting the strong interest from institutions both within and outside the Sultanate of Oman.

This coverage reflects the value that OQ Exploration and Production shares represent to institutions inside and outside the Sultanate of Oman and the underscores the demand for this subscription, which has been hailed as the largest of its kind in the Sultanate of Oman.

Azzan Mohammed Al Abdullatif, Deputy Head of Public Subscriptions Implementation at OQ Group, remarked on the positive reception of the institutional subscription, stating that the full coverage at the highest price range underscores the appeal of the company’s shares. He emphasized that numerous companies and institutions are eager to participate in what they view as a rewarding investment opportunity.

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