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Dubai Investment Park Holdings, a subsidiary of Dubai Investments, officially launched an initial public offering in the Dubai financial market today and announced the offering price range of 1.10 dirhams to 1.15 dirhams per share. The IPO plans to split and sell 20% of the company's shares, or 1,735,243,300 existing stock shares. Based on the upper limit of the price range, the total amount raised can reach up to 1,995 billion dirhams, and the company's overall valuation can reach up to 9,978 billion dirhams.
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Dubai Investment Park Holdings, a subsidiary of Dubai Investments, officially launched an initial public offering in the Dubai financial market today and announced the offering price range of 1.10 dirhams to 1.15 dirhams per share. The IPO plans to split and sell 20% of the company's shares, or 1,735,243,300 existing stock shares. Based on the upper limit of the price range, the total amount raised can reach up to 1,995 billion dirhams, and the company's overall valuation can reach up to 9,978 billion dirhams.
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