VOL. XXXVII
NO. 41
11-JULY-1994
Financial and Banking News
Capital Markets
Oman Cement Launches Public Share Offering
State-owned Oman Cement Company has launched a OR15mn ($39mn) public shareissue in order to fund expansion plans. When the money has been paid in thecompany will have capital of OR35mn, of which 41.7% will be owned by the privatesector. The issue is open to Omani nationals and wholly-owned Omani companies.
The government is considering selling its stake in the MuscatIntercontinental...
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