Page 112 - AAE GENERAL REPORT - March 2024

EFG Hermes Completes Advisory on USD 428.7 Million

IPO of Parkin on the DFM

By admin -
March 21, 2024
94

The IPO set a record for the most subscribed offering on the Dubai Financial Market, with
an overall subscription of approximately 165 times.

Dubai, March 21, 2024

EFG Hermes, an EFG Holding Company and the leading investment bank in the Middle
East and North Africa (MENA), announced today that its investment banking division
successfully completed its advisory on the USD 428.7 million initial public offering (IPO)

https://hashtagdubai.org/index.php/2024/03/21/efg-hermes-completes-advisory-on-usd-428-7-
million-ipo-of-parkin-on-the-dfm/