Tuesday 18, December 2012 by Robin Amlôt

Khalaf Al Habtoor postpones planned Al Habtoor Group IPO

Postponing the group’s planned initial public offering (IPO), Chairman of the Al Habtoor Group, Khalaf Ahmad Al Habtoor said, "After a thorough evaluation I have decided to postpone the IPO. It is a moral issue not taking the Group public at this time. I will continue to focus on best practice and growing the company in a sustainable way."

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