Integrated Holding Company (IHC), the Kuwait-based sharia-compliant equipment rental company, has announced listing its shares into the premier market, in co-operation with NBK Capital and Boursa Kuwait. After closing the secondary private placement’s IPO, which is equivalent to 35% of the company’s capital, exceeding the IPO’s subscription by more than 230%.
The private placement of 76 million shares at a price of 730 fils per share, totalling more than KD 130 million.
For the first time, the number of retail investors, investment portfolios and funds have exceeded more than 1,000 subscribers in Kuwaiti private placement IPOs, leading to listing the company in the premier market at Boursa Kuwait.
This listing is an opportunity for the investors to enter one of the most important sectors locally and internationally.
The private placement of 76 million shares at a price of 730 fils per share, totalling more than KD 130 million.
For the first time, the number of retail investors, investment portfolios and funds have exceeded more than 1,000 subscribers in Kuwaiti private placement IPOs, leading to listing the company in the premier market at Boursa Kuwait.
This listing is an opportunity for the investors to enter one of the most important sectors locally and internationally.
