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Zain Hires Team to Lead IPO
Posted on 16 May 2014
Mobile operator Zain, which is part-owned by Qatar’s Ooredoo, has hired Melak Investments and Rabee Securities as the leading adviser and broker to lead the initial public offering (IPO) of its shares.
According to a report from The National, Melak Investments is run by the Iraq-born former Franklin Templeton asset manager Shwan Taha, who also founded Rabee Securities.
Last year’s IPO of rival Asiacell, which was also led by Melak Investments, doubled the bourse’s market capitalisation from $4.6bn to $9.2bn.
(Source: The National)
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Posted on 16 May 2014
Mobile operator Zain, which is part-owned by Qatar’s Ooredoo, has hired Melak Investments and Rabee Securities as the leading adviser and broker to lead the initial public offering (IPO) of its shares.
According to a report from The National, Melak Investments is run by the Iraq-born former Franklin Templeton asset manager Shwan Taha, who also founded Rabee Securities.
Last year’s IPO of rival Asiacell, which was also led by Melak Investments, doubled the bourse’s market capitalisation from $4.6bn to $9.2bn.
(Source: The National)
[You must be registered and logged in to see this link.]
