RAK Properties to open initial public offering

Published March 30th, 2005 - 08:00 GMT
Al Bawaba
Al Bawaba

RAK Properties is set to open its Dh1.1 billion initial public offering (IPO) Wednesday. Subscriptions will be available to UAE and AGCC nationals, expatriates and foreigners until April 12, with the value of each of the 1.1 billion shares set at Dh1.

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