Emaar to list hospitality unit soon: Alabbar
Published: Sep 29, 2014
Source: Emirates 24|7


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Emaar to list hospitality unit soon: Alabbar

IPO price confirmed at Dh2.90 per share; Institutional tranche over 30x covered, retail over 20x

Emaar Properties, Dubai-bourse listed developer, is planning to list its hospitality division after successfully closing the initial public offering for its mall unit, the company’s chairman said on Monday.

“We plan to list our hospitality division soon,” Mohamed Alabbar said addressing the Dubai International Project Management Forum- By Parag Deulgaonkar/Reuters. Read more>>>

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