IPO

Category: IPO
Funds generated through the offering will be used to invest across the five main verticals – utilities, wellness, digital media and communications, and other capital investments across high-growth disruptive businesses. With a strong mandate to invest in high-growth companies, Multiply Group is riding the ongoing economic rebound with six acquisitions so far in 2021. The Group has identified more opportunities to drive forward its acquisitions and add more value to the subsidiaries through tech infusion and other synergies. This is where the new capital will be deployed.
Category: IPO

The receiving bank will refund the amounts paid by the Eligible Investors in excess of what has been allocated to the Eligible Investors within (5) five working days of closing the subscription.

Category: IPO

Multiply Group intends to list 25% stake through an initial public offer.

Category: IPO

The shares will be listed on the Abu Dhabi Securities Exchange (ADX).

Category: IPO

Subscription is open to both institutional and retail investors.

Category: IPO

ADX has been one of the best performing markets globally over the past year, and the recent ADX listings have been very successful. This momentum is supported by Abu Dhabi’s economic resilience and measures like the ADX One strategy that are enhancing its position as the go-to market for local and external investors.