Tuesday 5 November 2024
 
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SMN Power Holding

Top Oman power producer in debut IPO

SMN Power Holding, Oman's largest electricity producer, said it has started trading on the Sultanate's bourse offering 35 per cent of its share capital. SMN Power is a JV between UAE-based Kahrabel, a wholly-owned unit of

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Mubadala-backed firm eyes $65m Muscat IPO

SMN Power Holding, Oman's largest electricity producer part-owned by Abu Dhabi fund Mubadala, plans to raise RO25 million ($64.9 million) by offering 35 per cent of its shares in an initial public offering (IPO) on the Muscat bourse , a prospe

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Oman power firm to launch IPO this year

SMN Power Holding, Oman's largest electricity producer, is planning a 35 percent initial public offering (IPO) on the Muscat bourse this year, a company official said. SMN Power is a joint venture between Abu Dhabi's Mubadala, UAE

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