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Top Oman power producer in debut IPOSMN 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 More… |
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Mubadala-backed firm eyes $65m Muscat IPOSMN 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 More… |
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Oman power firm to launch IPO this yearSMN 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 More… |
