Tuesday 18, December 2012 by Robin AmlĂ´t

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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