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Dubai IPO

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Dubai Eyes Its Second IPO in Three Years With Tristar Listing
March 23rd, 2021 - 02:00 GMT

Dubai Eyes Its Second IPO in Three Years With Tristar Listing

Agility plans to list its Tristar Transport unit in a Dubai IPO, the company said. The shares offered are expected to represent up to 24 percent of the total issued shares of Tristar, it said in a filing to the Dubai Financial Market on Tuesday. The new stock is expected to be allocated to high net worth investors with a minimum application of 500,000 dirhams ($136,100). When complete, Tristar expects ...
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