DSM: Shares of Barwa Real Estate Company to be listed

Published January 17th, 2006 - 07:41 GMT
Al Bawaba
Al Bawaba

The shares of Barwa Real Estate Company are to be listed at the Doha Securities Market (DSM) one month after the holding of the first Founding General Meeting of shareholders, Barwa Chairman Ghanim bin Saad Al Saad said, according to the Peninsula.

 

Al-Saad conveyed the real-estate company was in talks with DSM to speed up the listing before this period of time, adding that the real-estate company has the largest shareholders' base so far totaling 200,425.

 

The promoter of Barwa, which has a capital base of QR2bn, is state-owned Al Diyar Al-Qataria Company which holds 45 per cent stake, amounting to QR900m of the capital of Barwa.