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Dubai's Parkin IPO to open
subscription on March 5
The parking space operator is set to float 24.99% shares on the Dubai
Financial Market
By Muzaffar Rizvi
The Dubai Financial Market. Photo: AFP
Published: Tue 27 Feb 2024, 7:31 AM
Last updated: Tue 27 Feb 2024, 8:16 AM
Dubai-based company Parkin, which showed its intentions to launch an
initial public offering (IPO) recently, looks set to float 24.99 per cent shares
on the Dubai Financial Market next month, according to an ad prospectus
issued by the company on Tuesday.
The parking space operator will be the first company to launch an IPO in
2024 in Dubai. It will start subscriptions on March 5 and will continue until
March 12.
https://www.khaleejtimes.com/business/markets/dubais-parkin-ipo-to-open-subscription-on-march-
5
