Hussain Sajwani resigned as its chairman last week after his investment firm offered to acquire 100 per cent of Damac
Tristar’s IPO was slated to be the second listing in three years on the Dubai Financial Market
The company plans to offer up to 24 per cent of its shares in the IPO
Authorities had reduced the cap to 5 per cent in March 2020 to contain the fluctuations triggered by the pandemic
Wail Farsakh was appointed to the role in April 2020
Adnan Kazim has been named as its new chairman in line with regulatory requirements
The DFM attracted 1,718 new investors during the first half of the year
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