Shuaa Capital announces talks to list one or more subsidiaries


Shuaa Capital revealed that it has held talks with multiple markets with the aim of listing one or more of its subsidiaries through a public offering.

The company confirmed in a statement, that the matter is still in the very early stages, noting that it will notify the market once a decision is taken in this regard.

Yesterday, sources said that Shuaa Capital is considering offering two of its subsidiaries for public subscription on the Dubai Financial Market.

She added that the investment bank and the asset manager of “Shuaa Capital” are in talks with the Dubai Financial Market regarding the listing of “Stanford Marine Group” and “NMC Investment”.


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