Mena IPO value plunges 51.6pc in Q2The value of initial public offerings (IPOs) in the Middle East plunged 51.67 per cent to $374.77 million in the second quarter this year from $775.40 million during the same period in 2010, according to a report by Ernst & More… |
SITC sets date for bourse listingSaudi Integrated Telecom Company (SITC) will list on Saudi Arabia's stock market on June 28, the kingdom's regulator said on Wednesday. The fixed line provider raised $80 million in an initial public offering (IPO) in May, the first in Sau More… |
Saudi telco IPO draws good responseThe initial public offer (IPO) of Saudi Integrated Telecom Company (SITC) received overwhelming reponse from investors, said AlBilad Investment Company, the financial advisor for the issue. The issue closes today (May 8). Rev More… |
SITC IPO receives good investor responseThe initial public offer (IPO) of Saudi Integrated Telecom Company (SITC) which opened on Monday, has received an overwhelming response from investors, said AlBilad Investment Company, the financial advisor for the issue. The SITC is offer More… |