Shares of UAE-based property firm to be listed

UAE-based Aldar Properties declared its stocks would be listed at the Abu Dhabi Securities Market (ADSM) on April 5.

During the past two weeks, the company's share register, which was open to allow share subscribers from the successful IPO to enter their transactions, has now been closed in order to reconcile these transactions.

According to Khaleej Times, once this process has been finished and subject to the final approval of the ADSM and the Securities & Commodities Authority (SCA) - the company will be listed on the ADSM.