WebMar 24, 2024 · The total Offering size is expected to be between AED 7.31 billion (US$ 1.99 billion) and AED 8.06 billion (US$ 2.19 billion), implying a market capitalisation at listing of between AED 112.50 billion (US$ 30.63 billion) and AED 124.00 billion (US$ 33.76 billion), which would make DEWA the largest company on the DFM by market capitalisation. WebMar 15, 2024 · the date of listing and ends six months thereafter. 17. When do you expect to begin trading? DEWA is expected to list on 12 April 2024. 18. What is the price per share? The final offer price and the final offering size will be announced on . 06. April 2024. 19. Are new shares being issued by the Company or are the existing shareholders ...
DEWA plans to list 6.5 pct stake in what could be Dubai’s biggest …
WebMar 15, 2024 · DEWA caters to the city’s 3.4 million residents. The utility has 13.4 gigawatts of power capacity as well as 490 million imperial gallons of desalinated water each day. … WebNov 2, 2024 · The Dubai government on Tuesday announced plans to list Dubai Electricity and Water Authority (Dewa) as part of a plan to boost the emirate’s stock market to Dh3 trillion. ct154ab
Dubai Aims to List Utility DEWA at $25 Billion Valuation
WebApr 12, 2024 · DUBAI, April 12 (Reuters) - Shares in Dubai Electricity and Water Authority (DEWA) (DEWAA.DU) surged about 20% on their market debut on Tuesday after its $6.1 billion initial public offering (IPO ... WebApr 11, 2024 · On listing, DEWA's stock will be up for an instant bounce and investors will be ready . ... If so, that investor would get 1,088 shares on average, based on the share … WebMar 6, 2024 · Borouge completes its listing on ADX raising gross proceeds of over $2.0 billion, marking the largest-ever listing on ADX Based on the final offer price of AED 2.45 per share, Borouge’s market capitalization at listing was $20.05 billion making it the sixth largest company on ADX ct15 4fb