मैगज़्टर गोल्ड के साथ असीमित हो जाओ
10,000 से अधिक पत्रिकाओं, समाचार पत्रों और प्रीमियम कहानियों तक असीमित पहुंच प्राप्त करें सिर्फ
कोशिश गोल्ड - मुक्त
ALEC raises Dh1.4b in record construction IPO
Gulf News
|October 02, 2025
Dubai sees a construction giant go public after more than 15 years
Dubai’s ALEC Holdings PJSC has priced its initial public offering (IPO) at the top of the announced range, raising Dh1.4 billion ($381 million) after demand surged to more than 21 times the shares on offer.
The engineering and construction group set its final offer price at Dh1.40 per share, valuing the company at Dh7 billion ($1.91 billion) upon listing on the Dubai Financial Market (DFM). The stock is scheduled to begin trading on or around October 15, 2025, under the ticker ‘ALEC’.
Investor appetite
यह कहानी Gulf News के October 02, 2025 संस्करण से ली गई है।
हजारों चुनिंदा प्रीमियम कहानियों और 10,000 से अधिक पत्रिकाओं और समाचार पत्रों तक पहुंचने के लिए मैगज़्टर गोल्ड की सदस्यता लें।
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