(MENAFN) Oman's Al Maha Ceramics may float its initial public offering (IPO) in the period between March and April of 2014, Times of Oman reported.
Al Maha's chief executive officer said that the company plans to divest 40 percent of its USD12.9 million paid up capital.
The chief executive officer said: "We are sorting out some operational issues and once that is done, we will prepare the prospectus (and seek an approval from the Capital Market Authority)."
Legal Disclaimer:
MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.