Diamond finalizes price setup for Qatar listing
Qatar Stock Exchange announced that Dandy has completed its book-building process in preparation for listing on the market, having raised coverage greater than the size of the offering tranche. The company will offer 40% of its capital in two phases: the first for institutional investors at 30%, and the second for individuals and Qatari companies at 70%. The share price ranges between 5 and 5.20 Qatari riyals, and the company aims to expand its milk and beverage manufacturing and distribution business, which it has been developing for more than 45 years.
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