Strong investor response for Gulf Navigation Holding IPO Open until August 7
The receiving banks and financial institutions for the Gulf Navigation Holding IPO have seen strong response from investors across the GCC.
Gulf Navigation Holding aims to list on the Dubai Financial Market and its IPO will remain open for subscription till Monday August 07, 2006 for GCC nationals, companies, establishments and general firms under the Federal and Local Governments. The nominal value per share is AED1.00 with an additional AED0.02 as offering costs.
Gulf Navigation Holding is an ISO 9001:2000 certified Dubai-based company and one of the leaders of the shipping and marine services industry in the region. It is a United Arab Emirates holding entity with operations worldwide and 11 specialised subsidiaries. The company owns and charters VLCCs, Chemical and Product Tankers. It is also the sole agent for a large number of global marine manufacturers.
