Al Qudra Holding to go IPO by end of 2007
Al Qudra Holding (AQH), a leading UAE private joint stock investment company based in the United Arab Emirates is diligently working towards listing a portion of its shares for public subscription Preparations with the country's underwriting specialists are currently underway to ensure the smooth transition of into a publicly listed company, said Monday the company's Chairman and Managing Director Eng. Salah Salem Bin Omeir Al Shamsi.
The announcement was meeting of the regular staff of the Al Qudra Holding on 21st July 2007. The meeting which was also attended by Directors of Al Qudra Holding in Morocco, Algeria, Senegal, Syria, Eritrea, Yemen and Mauritania. discussed future plans related to the upcoming Initial Public Offering.
"The value of Al Qudra Holding's shares have significantly increased over the past two years as a result of record breaking achievements that have put the company in the spotlight both locally and abroad." "The transparency that has marked the operations of Al Qudra Holding and its subsidiaries has increased productivity reflecting in higher standard of professionalism and served to improve the overall work environment," added Al Shamsi.
ERP(Electronic Resource Planning) solutions, he said, will be implemented to ensure that this transparency is sustained across all departments and divisions. Source
The announcement was meeting of the regular staff of the Al Qudra Holding on 21st July 2007. The meeting which was also attended by Directors of Al Qudra Holding in Morocco, Algeria, Senegal, Syria, Eritrea, Yemen and Mauritania. discussed future plans related to the upcoming Initial Public Offering.
"The value of Al Qudra Holding's shares have significantly increased over the past two years as a result of record breaking achievements that have put the company in the spotlight both locally and abroad." "The transparency that has marked the operations of Al Qudra Holding and its subsidiaries has increased productivity reflecting in higher standard of professionalism and served to improve the overall work environment," added Al Shamsi.
ERP(Electronic Resource Planning) solutions, he said, will be implemented to ensure that this transparency is sustained across all departments and divisions. Source
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