Karim Malika, the director of marketing and promotions of the 'Asiad for Maritime Transport' company, stated: "The initial public offering by the 'Asiad for Maritime Transport': 'Khalid Group' continues to develop." EFH Hermes announced that the sector for marketing and coverage of the IPO was successfully completed with consulting services for the initial public offering of the 'Asiad for Maritime Transport' company amounting to 333 million dollars on the Muscat exchange. Trades of ASCO shares began in the middle.
The initial public offering by the 'Asiad for Maritime Transport' included an offering of 20% of the total issued capital through the sale of 1,041,748,856 existing shares at a price of 123 baisa per share, reflecting a market capitalization of 641 million Omani rials (1.7 billion dollars).
