{"id":126421,"date":"2022-05-11T12:27:25","date_gmt":"2022-05-11T05:27:25","guid":{"rendered":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uaes-first-special-purpose-acquisition-company-to-open-ipo-subscription-period-on-12-may\/"},"modified":"2022-05-11T21:14:27","modified_gmt":"2022-05-11T14:14:27","slug":"uaes-first-special-purpose-acquisition-company-to-open-ipo-subscription-period-on-12-may","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uaes-first-special-purpose-acquisition-company-to-open-ipo-subscription-period-on-12-may\/","title":{"rendered":"UAE\u2019s first special purpose acquisition company to open IPO subscription period on 12 May"},"content":{"rendered":"


\nThe company aims to raise $99 million (AED 367 million) through its IPO listing. ADC will float 36.7 million shares on ADX with an offer price of AED 10 per share.
\n
\nSource : arabianbusiness.com
\nRead more…UAE\u2019s first special purpose acquisition company to open IPO subscription period on 12 May<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

The company aims to raise $99 million (AED 367 million) through its IPO listing. ADC...<\/p>\n","protected":false},"author":1,"featured_media":126422,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-126421","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-property-news"],"jetpack_featured_media_url":"https:\/\/i1.wp.com\/www.siamlandbank.com\/propertynews\/wp-content\/uploads\/2022\/05\/Stock-market-1000x649-1.jpg?fit=1000%2C649&ssl=1","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-wT3","jetpack-related-posts":[{"id":130158,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uaes-burjeel-announces-price-range-subscription-period-for-ipo\/","url_meta":{"origin":126421,"position":0},"title":"UAE\u2019s Burjeel announces price range, subscription period for IPO","date":"September 30, 2022","format":false,"excerpt":"\r The price for the offering ranges between AED2.00 to AED2.45 per share, implying an equity value of $2.7 billion to $3.3 billion\r \r Source : arabianbusiness.com\r Read more...UAE\u2019s Burjeel announces price range, subscription period for IPO","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"https:\/\/i2.wp.com\/www.siamlandbank.com\/propertynews\/wp-content\/uploads\/2022\/09\/burjeel-1000x667-1.jpg?fit=1000%2C667&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":161937,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/alec-ipo-raises-381m-after-21x-oversubscription-in-uaes-biggest-construction-listing\/","url_meta":{"origin":126421,"position":1},"title":"ALEC IPO raises $381m after 21x oversubscription in UAE\u2019s biggest construction listing","date":"October 1, 2025","format":false,"excerpt":"\r ALEC\u2019s IPO on the DFM raised $381m with demand topping $8.1bn, marking the UAE\u2019s biggest-ever construction listing by size and value\r \r Source : arabianbusiness.com\r Read more...ALEC IPO raises 1m after 21x oversubscription in UAE\u2019s biggest construction listing","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.siamlandbank.com\/propertynews\/wp-content\/uploads\/2025\/10\/Alec-Holding-Dubai-IPO-DFM-1000x658-1.jpg?fit=1000%2C658&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":154126,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uaes-islamic-t-sukuk-auction-attracts-aed-6-93bn-in-bids\/","url_meta":{"origin":126421,"position":2},"title":"UAE\u2019s Islamic T-Sukuk auction attracts AED 6.93bn in bids","date":"May 23, 2025","format":false,"excerpt":"\r The UAE Ministry of Finance has successfully issued AED 1.1 billion in Islamic T-Sukuk for May 2025\r \r Source : arabianbusiness.com\r Read more...UAE\u2019s Islamic T-Sukuk auction attracts AED 6.93bn in bids","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"https:\/\/i2.wp.com\/www.siamlandbank.com\/propertynews\/wp-content\/uploads\/2025\/05\/Ministry-of-Finance-in-Dubai-1000x667-1.jpg?fit=1000%2C667&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":154720,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uaes-etihad-credit-insurance-reports-over-15-jump-in-insured-turnover-to-aed-16-2bn-in-2024\/","url_meta":{"origin":126421,"position":3},"title":"UAE\u2019s Etihad Credit Insurance reports over 15% jump in insured turnover to AED 16.2bn in 2024","date":"May 28, 2025","format":false,"excerpt":"\r Etihad Credit Insurance achieved AED 11 billion in gross exposure and maintained its AA- Fitch rating, boosting UAE exporters in 100+ countries\r \r Source : arabianbusiness.com\r Read more...UAE\u2019s Etihad Credit Insurance reports over 15% jump in insured turnover to AED 16.2bn in 2024","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"https:\/\/i1.wp.com\/www.siamlandbank.com\/propertynews\/wp-content\/uploads\/2025\/05\/Etihad-Credit-Insurance-Report-1000x667-1.jpg?fit=1000%2C667&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":125480,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/dubais-dewa-floats-6-5-percent-stake-in-ipo-totalling-3-25bn-shares-marking-a-turning-point-in-dubais-capital-market\/","url_meta":{"origin":126421,"position":4},"title":"Dubai\u2019s DEWA floats 6.5 percent stake in IPO, totalling 3.25bn shares, marking a \u201cturning point\u201d in Dubai\u2019s capital market","date":"March 15, 2022","format":false,"excerpt":"\r DEWA intends to pay dividends twice each fiscal year - in April and October of each year - after the offering. It expects to pay a minimum dividend amount of AED 6.2 billion per annum, over the next five years, from October 2022 to April 2027.\r \r Source :\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"https:\/\/i2.wp.com\/www.siamlandbank.com\/propertynews\/wp-content\/uploads\/2022\/03\/dewa-office-1000x667-1.jpg?fit=1000%2C667&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":15520,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uaes-al-habtoor-group-moves-closer-to-ipo-weighs-europe-acquisitions\/","url_meta":{"origin":126421,"position":5},"title":"UAE's Al Habtoor Group moves closer to IPO, weighs Europe acquisitions","date":"June 5, 2016","format":false,"excerpt":"\r Al Habtoor Group, the sole dealer of\u00a0Bentley and Bugatti in the UAE, is closer to the initial public offering it has been considering since 2000,\u00a0its chief executive officer said in an interview.\"We have all the documents ready, all that we need to do is to update all the information\"\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/126421"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=126421"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/126421\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media\/126422"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=126421"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=126421"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=126421"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}