The IPO will be subject to a vote by shareholders on Nov. 9, it said in a statement.
The latest IPO on the Casablanca stock exchange took place in December 2018.
(Reporting by Ahmed Eljechtimi, editing by Louise Heavens)
RABAT (Reuters) - Moroccan real estate company Aradei Capital is considering an initial public offering (IPO) to raise 800 million dirhams ($87 million) on the Casablanca stock exchange to support its growth plans.
The IPO will be subject to a vote by shareholders on Nov. 9, it said in a statement.
The latest IPO on the Casablanca stock exchange took place in December 2018.
(Reporting by Ahmed Eljechtimi, editing by Louise Heavens)
Price
|
Change
|
5d. change
|
Capi.
| ||
---|---|---|---|---|---|
0.355 HKD | 0.00% | 0.00% | 11.72M | ||
12,455 PTS | +2.75% | +2.38% | - | ||