Dubai's Marka to list shares on Sept 25


DUBAI: Dubai retailing and restaurants group Marka will list its shares on the Dubai Financial Market (DFM) on Sept. 25 in the market's first flotation for five years, the company said on Saturday.

New share issues dried up in Dubai when its financial crisis erupted five years ago and Marka's flotation signals a reopening of the market as investment conditions improve. Marka initially planned to list its shares on the DFM around the first week of June, but the market was hit by volatility that month.

Win a prize this Mother's Day by subscribing to our annual plan now! T&C applies.

Monthly Plan

RM13.90/month

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
   

Next In Business News

Industrial projects look increasingly attractive
Dutch Lady’s balancing act amid escalating costs
Demand for co-working space remains resilient
Fed dampens hopes for rate cut
F&N to use cost management measures
Changing office space requirements
Naza makes entry into green economy
CapBay aims to provide financing to more SMEs
New initiative for infrastructure needs in Perak
Ocean Fresh seeks ACE Market listing

Others Also Read