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flag Asyad Shipping goes public on Muscat Stock Exchange, raising $332.8M and valuing at $1.66B.

flag Asyad Shipping, a major maritime company, has listed on the Muscat Stock Exchange after its IPO, raising around $332.8 million. flag The company's market value is about $1.66 billion, with 20% of its shares now traded publicly. flag Asyad Shipping plans to pay dividends totaling $150 million annually from 2027, offering new investment opportunities in the maritime sector and bolstering the exchange's market capitalization.

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