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Asyad Shipping goes public on Muscat Stock Exchange, raising $332.8M and valuing at $1.66B.
Asyad Shipping, a major maritime company, has listed on the Muscat Stock Exchange after its IPO, raising around $332.8 million.
The company's market value is about $1.66 billion, with 20% of its shares now traded publicly.
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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Asyad Shipping se publica en la Bolsa de Valores de Mascate, recaudando $332,8 millones y valorando $1.66B.