Thursday 17, April 2014 by Robin Amlôt

Marka IPO likely to be oversubscribed, says CAPM Investment

Dr. Mahdi Mattar, CEO of CAPM Investment, a subsidiary of Finance House and the financial advisor and lead manager of the Marka IPO on the Dubai Financial Market, said: "Although it is too early to know the outcome of the IPO, given that large individual and institutional investors subscribe in the latter part of the subscription period, the outcome of the first few days of the IPO suggests that the demand for the offered shares will be oversubscribed."

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