#OQ Base Industries

Oman’s OQ to raise $490m from IPO of methanol, ammonia unit

Oman’s OQ to raise $490m from IPO of methanol, ammonia unit

OQ is offering 1.69 billion shares, equivalent to 49 per cent of OQ Base Industries’ total issued share capital, at Bzs106 to Bzs111 per share

Oman’s OQ to offer 49% stake in methanol, ammonia unit

Oman’s OQ to offer 49% stake in methanol, ammonia unit

The listing would allow investors to invest in Oman’s only production company of methanol, ammonia and LPG products