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Zain Iraq: Trading on the stock market through the ring in June of this company
June 7, 2015 17:42
(Independent) ... Telecom ring announced a contribution to the company owner ether Almtnqlh- Telecommunications Company (Zain Iraq) it has completed the necessary regulatory procedures for listing on the Iraq Stock Exchange within the legal period specified in the approval of the listing of the Securities Commission
According to a statement of Zain Iraq received (independent) a copy of it on Sunday that he "has been officially approved to offer 25% of the capital of the ring before the sale of the company by one of the founders of the company and is the national airwaves Company LLC Pursuant to the terms of the Securities Commission, "adding that" In line with the operating license granted to the company in Iraq by the media and communications conditions. "
The statement added that "the sale of shares ring Company in Iraq Stock Exchange display will exceed the market capitalization which is ten billion dollars for the first time in the history of Iraq and this is a catalyst to attract foreign and foreign investments to the Iraqi market, where the ring company will join the 95 other current Iraqi company in the market currently ".
It confirmed Telecommunications ring company according to the statement "that it provides for all investors the opportunity to participate in the success and development of the telecommunications sector in Iraq and thanked the all Iraqi institutions responsible body Information, Communications and the Securities Commission and the Iraqi market for securities on their professionalism and their continued support." (End)
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June 7, 2015 17:42
(Independent) ... Telecom ring announced a contribution to the company owner ether Almtnqlh- Telecommunications Company (Zain Iraq) it has completed the necessary regulatory procedures for listing on the Iraq Stock Exchange within the legal period specified in the approval of the listing of the Securities Commission
According to a statement of Zain Iraq received (independent) a copy of it on Sunday that he "has been officially approved to offer 25% of the capital of the ring before the sale of the company by one of the founders of the company and is the national airwaves Company LLC Pursuant to the terms of the Securities Commission, "adding that" In line with the operating license granted to the company in Iraq by the media and communications conditions. "
The statement added that "the sale of shares ring Company in Iraq Stock Exchange display will exceed the market capitalization which is ten billion dollars for the first time in the history of Iraq and this is a catalyst to attract foreign and foreign investments to the Iraqi market, where the ring company will join the 95 other current Iraqi company in the market currently ".
It confirmed Telecommunications ring company according to the statement "that it provides for all investors the opportunity to participate in the success and development of the telecommunications sector in Iraq and thanked the all Iraqi institutions responsible body Information, Communications and the Securities Commission and the Iraqi market for securities on their professionalism and their continued support." (End)
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