DFM Announces Inclusion Of TECOM To General Index| MENAFN.COM

Saturday, 20 August 2022 09:21 GMT

DFM Announces Inclusion Of TECOM To General Index

(MENAFN- Emirates News Agency (WAM))

DUBAI, 5th August, 2022 (WAM) -- Dubai Financial Market (DFM) announced the inclusion of TECOM Group to DFM General Index and to Real Estate Index sector.

In a statement issued today, DFM said that the inclusion of TECOM Group will begin as of Monday, August 8, 2022.

TECOM Group began trading on DFM on July 5, 2022, after completing its Initial Public Offering (IPO), which drew substantial demand and was oversubscribed by a little over 21 times in aggregate and the UAE Retail Offer achieved a remarkable oversubscription multiple of almost 40 times in aggregate, surpassing any IPO on the DFM to date.


Legal Disclaimer:
MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.