The company’s direct listing on the ADX will serve as a catalyst for its next phase of growth, marking a new era of purposeful, community-driven business success
Masdar’s extensive experience in funding, developing, and operating clean energy projects worldwide will support Terra-Gen’s expansion efforts
The subscription period will open on Tuesday, November 21
ADES set the final offer price for the offering at SAR13.50 per share, implying a market capitalisation of SAR15.2bn at listing
The shares rose about 7 per cent in late trading
More than three billion shares will be offered in the IPO
The subscription period starts today, with trading of shares expected to commence on November 29
Shareholders will be paid $54.20 per share, and Twitter will now operate as a private company
From next Tuesday, there will be no shareholding limit for non-UAE nationals
Tesla cited higher costs related to a slower-than-expected ramp up in output at the new factories, as well as difficulties shipping vehicles
The subscription period for the listing will open on October 21 and close on October 25
A total of 1.5 billion shares with a nominal value of Dhs0.01 each will be made available in the offering
Since bottoming in mid-June, the iPhone maker’s shares have surged 27 per cent, outpacing the S&P 500 Index and the Nasdaq 100 Index
Musk has now sold around $32bn worth of stock in the electric-car maker in the past 10 months
The company expects to pay a dividend amount of Dhs800m per annum over the next three years
The Public Investment Fund signed a subscription agreement that would involve it buying 63 million newly issued shares
Shares of the automaker slumped more than 9 per cent on Friday after news of the job cuts emerged
The IPO subscription period has commenced today, May 23, and will close for retail investors on May 28, 2022
The popularity of electric vehicles has driven prices for battery metals sharply higher
It delivered about 936,000 cars in 2021
The billionaire said that ‘Twitter has extraordinary potential’
Shares in the world’s largest company rose 0.2 per cent premarket on Tuesday
The newly formed Ford Model e unit will scale up the automaker’s EV offerings
In 2021, Abu Dhabi Ports handled 45 million tons of general cargo volumes
The company will commence trading on the main exchange from February 8
The group had assets of Dhs8.16bn and 3,240 employees as at end of September 2021
There’s also the influence Musk wields in crypto markets
Arqaam Capital is acting as receiving agent with respect to the offer
The listing is the third biggest on a US exchange this year
The offer price of Dhs2.30 per share remains unchanged