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Monday, 5 January 2015

Massar to list Dh576m IPO on Abu Dhabi stock exchange | The National

Massar to list Dh576m IPO on Abu Dhabi stock exchange | The National:



"Massar Solutions, a vehicle rental and supply chain solutions company, said today that it plans to list 40 per cent of its shares on Abu Dhabi Securities Exchange.



The firm, formerly known as Al Wathba Company for Central Services, plans to sell 240 million ordinary shares at Dh2.4 each between January 11 and January 25, it said in a statement.



This would value the initial public offer at Dh576 million."



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