Doha: Make investments LLC, Qatar’s main funding financial institution and probably the most outstanding Islamic monetary establishments globally, appearing in its capability as Itemizing Advisor and Providing Supervisor on the potential preliminary public providing of MEEZA QSTP LLC, a number one supplier of end-to-end IT providers in Qatar, hereby proclaims the value vary for the IPO that has been set at QR 2.61 to QR 2.81 per Supply Share.
The providing will comprise of 324,490,000 bizarre absolutely paid-up shares in MEEZA QSTP LLC, amounting to 50 p.c of the full issued share capital of the Firm. The overall Providing measurement is anticipated to be between QR 846,918,900 and QR 911,816,900.QInvest, in addition to, proclaims the graduation of the guide constructing interval which began on the fifteenth of January and can finish on the twenty sixth of the identical month. In the course of the E-book Constructing Subscription Interval, solely Certified Traders can evaluate the main points associated to the IPO.
The aim of the guide constructing mechanism is to quantify Certified Traders demand primarily based on the Worth Vary, to be able to set the ultimate Supply Share value for the Providing. The E-book Constructing Subscription Interval for Certified Traders is in accordance with the guide constructing mechanism issued by the Qatar Monetary Markets Authority.
