Huge response to new IPO

January 01, 2014 - 4:43:53 am

DOHA: A large number of citizens collected subscription forms and prospectus for the initial public offering (IPO) of the state-owned Mesaieed Petrochemical Holding Company (MPHC) that was launched yesterday, banking industry sources said. “Not many people filled up and submitted the forms with the application money as there is a lot of time for the subscription to the coveted issue to close,” an industry source said. The banks are closed today and reopen tomorrow when they will resume distributing subscription forms and accepting filled up forms with the application money.

The Peninsula

comments powered by Disqus