Recent Posts

Singapore plans local stocks boost with Temasek fund

Bloomberg Singapore is planning new measures to boost its domestic stock market, according to people with knowledge of matter. State investment giant Temasek Holdings Pte.’s 65 Equity Partners Holdings Pte, with a fund size of at least $745 million, will invest in Singapore and regional mid-cap firms, including initial public offerings, the people said. Temasek and sovereign wealth fund GIC ...

Read More »

Adnoc Drilling IPO pricing values equity at $10 billion

ABU DHABI / Agencies The Abu Dhabi National Oil Company (Adnoc) on Monday announced that it has set the offer price per share for the initial public offering of Adnoc Drilling Company at AED2.30, implying an equity value of $10 billion. The offer price was determined by Adnoc, as the selling shareholder, and Adnoc Drilling, following investor engagement that saw ...

Read More »

AD Ports leases 2.2m sqm of industrial land in H1‘21

ABU DHABI / WAM AD Ports Group has announced that more than 2.2 million square metres of its Industrial Cities and Free Zone Cluster have been leased during H1 of 2021 to local, regional, and international businesses, an indication that demand for industrial land continues to accelerate despite the impact of the Covid-19 pandemic on businesses. AD Ports Group’s Industrial ...

Read More »
Send this to a friend